Premium Essay

Great Lakes, Great Decisions (Case Study)

In:

Submitted By RussellClark
Words 4668
Pages 19
Executive Summary

I have been requested to evaluate the ethical dilemma surrounding the product offering of Great Lakes Chemical Corporation. The company produces tetraethyl lead (TEL), which is an additive for gasoline. Surmounting studies from the past few decades have proven the extensive harmful effects leaded gasoline has on the environment, which has caused considerable vocal opposition from environmental organizations against the company. The dilemma arises in the fact that TEL is a huge financial success for Great Lakes; the company controls 90% of the market and the product accounts for 59% of their annual profit.

Great Lakes should cease all operations involving the sale of TEL and focus on being a responsible corporate citizen. They will need to reinvest their resources on penetrating new markets, using their existing products as well as new products made possible by the special bromine production process of their subsidiary company Octel Associates.

The distribution of TEL has given Great Lakes a very negative brand image. They have the chance to reverse that image by exiting an ethically unappealing market on their own terms. The company has a successful history of entering foreign markets and adapting to regulations overseas. This plan of action is feasible because Great Lakes is already so financially sound and is established as an international corporation with contacts across the globe.

Situational Analysis

Great Lakes Chemical Corporation, originally McClanahan Oil Company, was founded in the 1930s as an oil exploration company. In an attempt to turn the business into a national resources conglomerate, then-CEO Charles Hale acquired the Michigan-based Great Lakes in 1948. The company was small but successful during the mid-20th century as a producer of bromine related chemicals. In 1989, Great Lakes acquired Octel Associates to

Similar Documents

Premium Essay

Business Administration

...BUS 499 – Business Administration Capstone (Prerequisite: To be taken as last or next to last course) COURSE DESCRIPTION This course is the capstone course for the Bachelor of Business Administration program. It examines the processes by which organizations formulate strategy, implement policy, and evaluate outcomes in the highly competitive and dynamic global environment. The ethical implications of strategic choices are a central concern of this course. Analytic, integrative, and decision-making skills will be exercised through the use of case analysis and decision making. INSTRUCTIONAL MATERIALS Required Resources Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2011). Strategic management: Competitiveness and globalization, concepts and cases: 2011 custom edition (9th ed.). Mason, OH: South-Western Cengage Learning. Supplemental Resources Angwin, D., Paroutis, S., & Mitson, S. (2009). Connecting up strategy: Are senior strategy directors a missing link? California Management Review, 51(3), 74-94. Derfus, P. J., Maggitti, P. G., Grimm, C. M., & Smith, K. G. (2008). The red queen effect: Competitive actions and firm performance. Academy of Management Journal, 51(1), 61-80. Franken, A., Ewards, C., & Lambert, R. (2009). Executing strategic change: Understanding the critical management elements that lead to success. California Management Review, 51(3), 49-73. COURSE LEARNING OUTCOMES 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Identify the vision, mission, and stakeholders...

Words: 7054 - Pages: 29

Free Essay

Motorola, Inc.

...TITLE: CASE STUDY- GREAT LAKE :GREAT DECISION COURSE: BUS 499 Social /Demographic Segments: Since Great Lake is a company that is located in places , has to employ people, of different ages, diversity, and wage distribution , it has to be careful in making decision and dealing with the people because how this people use the product it an effect on the safety and health . Great lake has to take into consideration the place that the company is located, because the countries that are underdeveloped are the one using their product, TEL. Great Lake can be affected by the population using the product or where they produce the product. The Economic Segment: Great Lake has siege operation and that will affect its revenue. The reason of stopping operation is that the health hazard the product posed to the population, worker. So when considering safety issues, its income or profit will be decrease since production has to be decreased or stopped. The nation that still use leaded gasoline will be affected too if it has no resources to produce unleaded gasoline. Political/Legal/Government Segment: Laws or regulations in place by authority or environmentalists will go after Great Lake to stop producing TEL that has health hazard or safety effect on the population or people. Politician or the press will use this situation to hammer this company, Great Lake. Therefore, Great Lake will have no alternative but to reduce production or stop production completely. Technological...

Words: 555 - Pages: 3

Free Essay

Assignment 1: Great Lakes: Great Decisions

...Week 2 Assignment 1 .Click the link above to submit your assignment. Students, please view the "Submit a Clickable Rubric Assignment" in the Student Center. Instructors, training on how to grade is within the Instructor Center. Assignment 1: Great Lakes: Great Decisions Due Week 2 and worth 240 points Review the Great Lakes: Great Decisions case study and write a 4-10 page paper in which you: 1.Perform an analysis of the social / demographic, technological, economic, environmental / geographic, and political / legal / governmental segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. 2.Analyze the lead additives industry in the U.S. using the Five Forces of Competition Model. Describe the impact of each of the five (5) forces on the industry and based on this analysis, determine if the industry is attractive or unattractive. 3.Describe who Great Lakes’ immediate, impending, and invisible competitors are and how Great Lakes measures up against these competitors. 4.Describe the main capabilities of Great Lakes. Your assignment must follow these formatting requirements •Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. •Include a cover page containing the title of the assignment, the student’s name,...

Words: 323 - Pages: 2

Free Essay

Great Lakes

...Business Administration Capstone – BUS Affiliation Here 499 Assignment 1 Great Lakes Great Decisions Strayer University April 15, 2012 Abstract The Great Lakes Great Decision case is about the social responsibility a company leader would have to face, based on her decision on joining one of the top lead addictive producers Octel & Associates. It narrows down to two questions. Does the company end production of the lead addictive, since there have been added pressure from the environmentalist? Or do she continue for the benefit of the company’s profits and earning? Although originally a gas and oil exploration company, Great Lakes has had it changes throughout the years, since being founded in the early 1930s. Today, there are they are a top lead addictive producer, ever since the purchase of the company Octel in 1997, which in fact never sat well with US environmentalist. The Case 1.) Perform an analysis of the social / demographic, technological, economic, environmental / geographic, and political / legal / governmental segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. The Analysis of the Social/demographic- The primary consumers of the products produced by Great Lakes—especially lead additives—comes from developing/third world countries. Although the case study does not specifically comment on the demographics of these countries or the social status of their people, it is presumed...

Words: 2253 - Pages: 10

Free Essay

Supply Chain Management Case: Cj Industries and Heavey Pumps

...Recommendations VI.          Answer to Case Questions VII.         Learnings 1. Summary of Findings II. Background Information CJ Industries got the opportunity to provide Great Lakes Pleasure Boats with key engine components for their line of pleasure boats. They earned this through the culmination of several years of hard work and dedicated service, the development of a strong buyer-supplier relationship with Great Lakes and this 5-year, $10 million per year contract offers them the chance to have an extended relationship if they can satisfy Great Lakes’ needs. The opportunity given to CJI is very critical for the success of their company, and the principal goal of the company should be to fully satisfy the requirements of the contract with Great Lakes, and secure their future business with Great Lakes. CJI has been doing most manufacturing in-house, however, they have been sourcing their bilge pumps out to Heavey Pumps on an informal basis. Heavey has been a reliable supplier, however, their company is small and the expanded business will stress their production capabilities, so CJI has been planning whether to build the pumps in-house, or continue to subcontract them. III. Problem Statement Normally, CJI orders a batch of 50 bilge pumps eight to ten weeks ahead of time which occurred every four to six months. However, there is a new demand now of 50 pumps per month or more depending on Great Lakes’ demand and CJI’s ability to perform. CJI...

Words: 2610 - Pages: 11

Free Essay

Great Lakes

...ASSIGNMENT 1 GREAT LAKES: GREAT DECISION 1. Perform an analysis of the Social/Demographic, Technological, Economic, Environmental/Geographic, and Political/Legal/Governmental segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. A. Social/Demographic: The future direction of Great Lakes will have an effect on different regions of the world, as their product continues to fill a need for leaded gas. This has the potential to impact both business and the livelihood of thousands of individual’s. There are also the potential health related problems as “the globalization of leaded gasoline has made Tetraethyl Lead (TEL) responsible for nearly 90 percent of airborne lead pollution in Third World cities today” (CorpWatch, 1997). Great Lakes will need to determine and understand what their decisions mean to the developing regions they service. B. Technological: Technology is not the issue for Great Lakes, instead the problems lies with the developing countries they serve. Until those countries are able to switch over the existing inventory of vehicles to unleaded gas, they will rely on the products supplied by Great Lakes. Additionally, there will be a need for additional refineries to supply unleaded gas, as the need for that gas spikes. To help offset the loss in profits from the switch from leaded to unleaded gas, Great Lakes has an opportunity to invest in the transition process...

Words: 1602 - Pages: 7

Free Essay

The Decision

...Abstract Great Lake’s bad public relations image is its only immediate, impending and invisible competitor. The industry environment that Great Lakes is situated in is one that is characterized by global market shifts and pressures. At the moment, Great Lakes does not have any competition from possible competitors such as Ethyl Corporation, or Dow Chemical. However, they are beginning to receive criticism from the press on a global scale that is affecting their company’s image. If their corporate image is affected, then they are bound to see those affects trickle down into their profits in the near future. This paper will interpret those external conditions, Great Lakes is experiencing in their inability to provide a solution that would be an acceptable “coping mechanism” for the company’s board of directors. As long as Great Lakes remain in the lead additives arena, their public perception is only going to get worse. Pressure from the environmentalists will eventually be aided by strict government regulations on their lead usage, which will cause them more damage in the future than they can anticipate at the moment. The Decision to Between Business and Morality Introduction This essay will perform an analysis Five External Factors Influencing Great Lakes’ Environment. In regards to the environmental-geographic factors that Great Lakes has to account for, countries that will allow them access to their rich deposits will be a huge factor in their ability to profit...

Words: 1645 - Pages: 7

Premium Essay

The Salt Lake Organizing Committee: 2002 Olympics. Harvard Business Review. 9-604-092

...University UNIT 2 PAPER: CASE STUDY ANALYSIS The Salt Lake Organizing Committee: 2002 Olympics. Harvard Business Review. 9-604-092 Submitted for Course Number MGT 537 Course Title: Personnel Management in Sports Professor Bonnie Tiell By: Tamara Irwin Ashville, Ohio June 23, 2010 Case Facts: This case study deals with the many variables that surrounded the hosting of the 2002 Winter Olympic Games in Salt Lake City, Utah and the outside variables that threatened its operation. Not the least of these variables was the timing of the international event, just months after the 9/11 bombings in the U.S. The entire country was still trying to figure out how to operate safely and productively in the wake of the first direct attacks on our soil in centuries. Not only were U.S. citizens and businesses unsure of how to operate, foreigners were uncertain about traveling to the U.S. and businesses didn’t know how to operate with the new restrictions and guidelines immediately put into place after 9/11. The case study in the opening paragraphs on Page 1 describe how large the capital investments were in bringing the Olympics to this site and the only remaining way to generate revenues at this point in time were through ticket sales, which were suffering from the post 9/11 turmoil. (Bowen, 2006) This wasn’t the first symptom of trouble for the 2002 Olympics. The International Olympic Committee (IOC) announced in June of 1995 the selection of Salt Lake City, Utah as the site...

Words: 1675 - Pages: 7

Premium Essay

Clean Water Act

...affects Businesses………………………………………..…………..6 Conclusion…………………………………………………………………...…………………..10 References……………………………………………………………………………………….11 Appendix Case Study …………………………………………………………………………...………..7   Abstract This paper was written with the attempt to educate the reader on the inception and brief history of “clean water act of 1972”. Before this important law companies used our waterways as liquid landfills. This law was one of many that was desperately needed to help make America a better place for generations to come.   Antonio Hines Environmental Science November 3, 2014 The Clean Water Act of 1972 History of the Clean Water Act Dead fish floating in our river ways and different wildlife lying on the banks of our streams was common place in the early 60’s. In Ohio, the Cuyahoga River in Cleveland was so polluted that it caught fire – for the tenth time! Time Magazine reported that Lake Erie was dying from all the waste dumped into it. Saint Louis took its drinking water from the muddy Missouri River because it had gotten to the point that no one wanted to eat or drink from the Mississippi River. Therefore, it is safe to say, these areas needed help and fast! American did receive assistance and it came in the form of laws being established to prevent the death of wildlife and further pollution of American’s lakes and rivers. There were three laws that changed the industrial era and American life as we know it today: The National...

Words: 2419 - Pages: 10

Premium Essay

Leedco

...Summary of LEEDCo Case Study The case study provides a historical insight into the wind-based renewable energy source, and brings to light LEEDCo—a regional non-profit and economic development organization, that is engaged in creating an offshore wind energy industry in Ohio. As commonly known, wind power is derived from airflow using wind turbines or sails to produce mechanical or electrical power. Typically, the mechanical power is harnessed from windmills, and transferred to an appropriate application, which requires power. Wind energy has been and currently is a preferred alternative to fossil fuels, on account that it is plentiful, renewable, widely distributed, clean, produces no greenhouse gas emissions during operation and uses little land. The effects on the environment are generally less problematic than those from other power sources. In the forefront of the case, a historical brief is given, depicting wind energy source history, its current utilization throughout the world in contrast to its harnessing and utilization in the US, and both the highlights and the troughs of wind-based energy industry development in the US. The examples and arguments for the above are structured in the context of economical, political, and social boundaries, and give the reader a good taste of what the “lay of the land” looks like. In August 2009, Lake Erie Energy Development Corporation (LEEDCo) found its beginnings from the Great Lakes Energy Development Task Force (GLEDTF)...

Words: 1582 - Pages: 7

Free Essay

Term

...FACTORS AFFECTING TECHNOLOGY USES IN SCHOOLS1: AN ECOLOGICAL PERSPECTIVE Yong Zhao Kenneth A. Frank Michigan State Univeristy Contact information: Yong Zhao, 115D Erickson, College of Education, Michigan State University, East Lansing, MI 48824, Email: zhaoyo@msu.edu, Phone: 517-353-4325 This study was made possible by a grant from the Michigan Department of Education (MDE), but views and findings expressed in this report do not necessarily reflect those of MDE. The following individuals participated in the design and implementation of this study: Yong Zhao, Kenneth A. Frank, Blaine Morrow, Kathryn Hershey, Joe Byers, Nicole Ellefson, Susan Porter, Rick Banghart, Andrew Henry, and Nancy Hewat. Although we cannot identify the names of the schools that participated in this study, we want to thank all the teachers and administrators in these 19 schools. Without their cooperation and support, this study would not have been possible. We would also like to thank Dr. Maenette K. P. Benham and the four anonymous reviewers for their insightful comments. Ann Krause, Punya, Mishra, Matthew Koehler, and Gary Cziko offered very helpful comments and suggestions. 1 Abstract Why isn't technology used more in schools? Many researchers have been searching for solutions to this persistent puzzle. In this paper, we extend existing research on technology integration and diffusion of innovations by investigating relationships among the long list of factors that have already been...

Words: 17667 - Pages: 71

Free Essay

The Dangers Hidden in Personal Hygiene Products

...be more aware of the types of chemicals and ingredients that are being used in beauty and personal products. (1) The chemicals and ingredients in these personal care and beauty can be toxic for humans, animals and the environment as a whole. Some of these chemicals that can't be dissolved can soak into the ground or end up into the ocean which is hazardous to wildlife and marine animals, in particular. (2) Proctor and Gamble and Johnson and Johnson are companies that have a lot of beauty and health products that contain these hazardous chemicals. (3) The ingredients in these products can cause side effects like allergies and skin irritation. (4) Microbeads are used in a lot of beauty and personal health products unfortunately they aren't great for the environment because they can absorb toxins and eventually they end up in our waterways and oceans. (5) Some dandruff shampoos have chemicals such as zinc pyrithioze and they have side effects that can cause irritation to the eyes and skin. (6) FDA and U.S. laws, unfortunately, can't regulate and govern these companies that have these products in the market. They can't even enforce companies that label their products "all natural" or organic. It is at the discretion of the company on how much information they want the consumer to know on what is actually in their products. (1) Chemicals in personal and beauty products are hazardous to humans, animals and marine life. There are a lot of chemicals in products such as shampoos, beauty...

Words: 2446 - Pages: 10

Premium Essay

Books

...guide it discusses issues such as:· The history and image of cruising· How to design a cruise and itinerary planning· Roles and responsibilities on a cruise ship· Customer service systems and passenger profiles· Managing food and drink operations onboard· Health, safety and security Cruise Operations Management presents a range of contextualised facts illustrated by a number of case studies that encourage the reader to examine the often complex circumstances that surround problems or events associated to cruise operations. The case studies are contemporary and are constructed from first hand research with a number of international cruise companies providing a real world insight into this industry. Each case study is followed by questions that are intended to illuminate issues and stimulate discussion. The structure of the book is designed so the reader can either build knowledge cumulatively for an in-depth knowledge of managerial practices and procedures onboard a cruise ship, or they can ‘dip in' and make use of specific material and case studies for use within a more generic hospitality or tourism learning context. * Comprehensive overview of hospitality services and operations written specifically for the cruise industry* Uses contemporary examples to...

Words: 4650 - Pages: 19

Premium Essay

Job Satisfaction

...PGXPM – 11 : TERM- 3 : GROUP - 6 August 2015 Case Study on Citibank Performance Evaluation Case Study Arun Kumar N, Nagi Reddy, Gandhi Gurunathan, Shyam Soundappan, Vinoth R Great Lakes Institute of Management PGXPM – 11 : TERM- 3 : GROUP - 6 August 2015 Case Study on Citibank Performance Evaluation Case Study Arun Kumar N, Nagi Reddy, Gandhi Gurunathan, Shyam Soundappan, Vinoth R Great Lakes Institute of Management Context: Citibank introduced the Balanced Scored Card performance evaluation process for the first time to conduct an effective performance evaluation of their employees from qualitative and quantitative measures. The balanced scored card evaluation enables to set clear targets or goals and provide an insight on the evaluation process more effectively, thereby performance evaluation aligned with company’s strategic goals and measurable objectives. As part of the Balanced Scored Card evaluation process, the management measures one’s accomplishments against the following operational, functional and non-functional aspects, 1. Financial Accomplishments 2. Strategy Implementation for maximizing revenue 3. Customer Satisfaction Index 4. Control Measures based on Audits process 5. People management and Standards Based on the above mentioned...

Words: 1578 - Pages: 7

Premium Essay

Marketing

...with marketing and the uncertain economy in the aftermath of the recent Great Recession.  2  Throughout the fourteenth edition, you will find revised coverage of the rapidly changing nature of  customer relationships and new material on such topics as customer­managed relationships,  crowdsourcing, social networking, and consumer­generated marketing.  to Enhance Your Learning      3   The enhanced­learning design of the book features annotated, illustrated chapter­ opening vignettes to  introduce key chapter concepts. For each chapter, the Objectives Outline shows what students will need to  know and where to find it. The end­of­ chapter Reviewing Objectives and Key Terms summary tie back to  the chapter objectives.  From beginning to end, a fully integrated customer value framework captures the essence of today’s  marketing.  4   5   Updated annotated figures and author comments throughout each chapter provide the authors’ insights on  key points.      Learn to think like a marketer using:  • Study Plan. The Study Plan helps ensure that you have a basic understanding of  course material before coming to class by guiding you directly to the pages you need to  review.  • Mini­Simulations. Move beyond the basics with interactive simulations that place you  in a realistic marketing situation and require you to make decisions based on marketing  concepts.  • Applied Theories. Get involved with detailed videos, interactive cases, and  critical­thinking exercises.  • Critical Thinking....

Words: 797 - Pages: 4