...Jessica Azzam Strategic Management Instructor Rima Radwan MGT 420 Aya Soleiman Abstract [Draw your reader in with an engaging abstract. It is typically a short summary of the document. When you’re ready to add your content, just click here and start typing.] Averda’s Strategic Management Contents Introduction 2 Company Profile 4 Mission Statement 4 Vision Statement 5 Strategy 5 Goals 6 SWOT Analysis 7 Weakness 7 Opportunities 7 Threats 8 Tows Analysis 8 Porter’s Five Forces Model 9 Balance Score Card 11 Customer Perspective 11 Financial Perspective 11 Internal Business Perspective 11 Innovation & Learning Perspective 11 Conclusion and Recommendation 12 Introduction Waste management is the collection, transport, processing or disposal managing and monitoring of waste materials. Waste management is often related to materials produced by human activity; hence, it is a process undertaken in order to minimize the effect on health, or environment. It focuses on postponing the rate of consumption of natural resources. All waste materials, which include solids, liquids, gases or radioactive materials are part of waste management. Waste management practices vary greatly considering developed and developing nation, for urban and rural areas and for residential and industrial producers. This industry is usually under the responsibility of local government authorities. The level of the world waste produced is increasing continuously...
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...the “free rider problem”: the incentive which consumers have to avoid contributing to financing public goods in proportion to their valuation of such good. Good examples to use include TV licence dodgers and people who choose to evade the Council Tax but who still receive local authority services. Another example might be a group of residents in a block of flats who all stand to benefit from the refurbishment of an adjacent playground or better lighting and security systems, but who individually might try to avoid payment and benefit once the improved amenities are in place. Given the nature of the free rider problem, public goods are often financed through some form of enforcement, notably the compulsory nature of the TV licence fee, management fees for residents living in blocks of accommodation or...
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...of natural monopoly infrastructure assets and the benefits/costs of privatisation p 3 The pros and cons of direct regulation p 5 Where commercial negotiation has been successful and the difference between commercial negotiation with government owned corporation monopolies and private monopolies p 7 Current QLD situation and the risks imposed by natural monopoly specific to the context p 10 CN Rail privatization as a point of empirical evidence p 13 Considerations p 15 Conclusions p 16 Reference List p 19 Bibliography p 20 Appendices p 21 Introduction In 2012, the Queensland Government privatised bulk freighting services and coal business in Queensland and New South Wales as well as the regional freight business in Queensland, bulk mineral haulage in Queensland and Western Australia and the containerised freight between Cairns, Brisbane, Sydney, Melbourne, Adelaide and Perth. The privatisation of bulk freighting services under the banner of Aurizon National, a natural monopoly, raises the issues of economic rent extraction, decreasing levels of services and other concerns that regulators must contain when regulating monopolists. This paper will look at the economic principles behind natural monopoly regulation...
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...Mexico has always struggled with water allocation and getting clean water to its inhabits. Whenever anyone visits Mexico they are instructed to only drink from bottled water due to the fact that the water is contaminated from faucets and showers. People who live in poverty may not have access to this bottled water and are forced to drink the contaminated water, which can lead to sickness and lack of health within the country. As Mexico is developing this problem is holding them back from really being a leading country within the world. Their economy is making strides to become a large and prosperous economy. Mexico has many natural resources that can be exploited and used to further their development, such as wealth in mining and many other resources. But, in order for the resources to be exploited water is needed and this takes away from the drinking water for the inhabitants. Mexico has not been able to allocate water correctly and their economy and people have been suffering. As a team we addressed the issue by doing a lot of background research on not only the water industry, but also on the culture and economy of Mexico. This gave us insight into every aspect of how Mexico is attempting to solve this problem of water allocation. In our research we found that there are two main industries that the lack of clean water effects and those are the bottled water industry and the mining industry. After we narrowed it down to these two industries we researched them heavily and...
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...Invisible Hand in the Vietnamese context Introduction Adam Smith is an infamous political economist in the UK and around the world. He has many valuable arguments among which this essay will refer to the theory of "invisible hand" which was coined in The Wealth of Nations. The invisible hand is essentially a natural phenomenon that guides free markets and capitalism through competition for scarce resources by maintaining equilibrium between the supply and demand of resources. Also, as market participants compete, driven by their own needs and wants, they involuntarily benefit society at large without the help of goverment. This essay will examine the core theoretical ideas behind Adam Smith’s invisible hand theory, focusing on the negative aspects, and show that the negative aspects are more prominent when applied to the article ‘Power trader accused of abusing monopoly position’ Understanding of theory Adam Smith's invisible hand theory sets the foundation for laissez-faire economic philosophy, which describe the self-regulating behavior and minimize the role of government intervention and taxation in the free markets .Smith argued the most crucial variable in the market is the price and its functions is providing information telling people what to do and presenting incentive for them to act on this information. Both companies and workers are guided, as if by an invisible hand, to produce the goods and services that are most desired by consumers, which occurs when all of...
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...Private sector organisations. B) Public sector organisations. C) Voluntary sector organisations. The main types of Business organisation in the Private Sector is: The Sole trader: A sole trader is a business that is owned by one person. It may have one or more employees. It is the most common form of ownership in the UK. (e.g. Window cleaning, and Plumbing, etc.). Nowadays lots of people are setting up their own businesses by creating small web-based companies working from home. The Partnership: In a partnership, partners are personally liable for the debts of the business, although partners in a limited partnership (not to be confused with a limited liability partnership) who play no part in the management of the business, may have a limit on their liability set out in the Partnership Deed.. Companies: are owned by shareholders that each contributes a stock of money into a central pool. This pool of capital is then used to provide a core sum of finance, which is then added to by borrowing and other forms of finance. Directors run the company on behalf of shareholders who receive a share of the profits as dividends. Examples include Portakabin, Argos, Polestar and Cadbury Schweppes. Franchises: are licensing arrangements whereby an individual or group can buy the right to trade and...
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...I ． Industry-Describe the industry or industries where the company operates. 1. Industry definition-define the need of the industrySan Miguel Corporation is the largest publicly listed food, beverage andpackaging company in the Philippines.It has been in the industry since 1890being founded by Don Enrique Maria Baretto.Since then,the SMC ensure that itsstrategy, organizational structure and processes, and external relationships wereadequate to confront the expected threats and to capitalize on the opportunitiesfacing it domestically and internationally.2.Overview of the industry2.1.market size and growthSan Miguel Corporation has a sizable international presence. The company hasover 100 facilities in the Philippines, Southeast Asia, China, and Australia. Itsmajor operating facilities include five breweries, four glass plants, two metalclosure and lithography plants, two plastic case plants, and a coconut oil mill.San Miguel is one of the Philippines' biggest private employers, with over 25,900employees.The company reported a net income of $171 million in 2005. As of the first half of 2006, the company's net income had grown 15 percent from a year earlier toP4.36 billion2.2.industry profitabilityThe company reported a net income of $171 million in 2005. As of the first half of 2006, the company's net income had grown 15 percent from a year earlier toP4.36 billion2.3.major players The major players are Asia Brewery Inc.; Asahi Breweries, Ltd.; TsingtaoBrewery Company Limited;...
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...Lela Jones Business Environment Task 1 1.1 Identify the purposes of different types of organisations. A business organisation is a collection of people, collaborating in a coordinated, structured and managed way to meet shared aims and goals. Organisations will come in all shapes and sizes, but will all have a common factor of goal orientation. “A system that coordinates people, jobs and technology and management practices to achieve a goal” Umstot (1998). A business will always be owned by someone whether it’s an individual or hundreds, with different types of ownership and objectives. Although profit may not always be the main objective, as those of charities or government run enterprises, some profit will need to be made for them to continue in business long term. The majority of organisations will aim to make a profit however small or large. There are many types of business organisations, including sole traders, partnerships, public limited companies, private limited companies, franchises and those in the public sector e.g. local authority and N.H.S. Sole Traders This is a business owned by one person, and the most common according to BIS (Department for business innovation and skills statistical release 2013), its estimated 62.6% of UK businesses are sole traders, but as there is no central register for them it is hard to establish exact numbers, a sole trader will employ one or more people, and can easily be set up compared to other types of organisations,...
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...LO16-1. Define the monitoring problem and state its implications for economics. LO16-2. Discuss why competition should be seen as a process, not a state. LO16-3. Summarize how firms protect monopoly. LO16-4. Explain why oligopoly is the best market structure for technological change. After reading this chapter, you should be able to: LO16-1. Define the monitoring problem and state its implications for economics. LO16-2. Discuss why competition should be seen as a process, not a state. LO16-3. Summarize how firms protect monopoly. LO16-4. Explain why oligopoly is the best market structure for technological change. “It is ridiculous to call this an industry. This is rat eat rat; dog eat dog. I’ll kill ’em, and I’m going to kill ’em before they kill me. You’re talking about the American way of survival of the fittest.” Ray Kroc (founder of McDonald’s) When Microsoft was designing Zune, the Microsoft workers were sent a link to a video of Steven Jobs (the CEO of Apple) showing Jobs stating, “The only problem with Microsoft is that they have no taste—Absolutely no taste.” The goal of Microsoft showing the video to Microsoft workers was to infuriate the Microsoft workers sufficiently so that they would show that not only do they have taste, but that they can bury Apple and its iPod. It was to make the competition with Apple personal. It didn’t work, and Apple went public with its “no taste” view of Microsoft in a series of TV ads that portrayed the Apple computer as the tasteful...
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...! ! ! Group Project: Ethics of the Mining Industry Group 4 Business Ethics 04-71-300-02 Professor Singh Date submitted: March 19th, 2014 ! ! ! ! ! ! ! ! ! ! ! ! ! !1 Executive Summary This report assesses the global mining industry from a business perspective. Firstly, it begins with the history of mining across the globe and the structure of the mining industry. It then analyzes the impacts of the mining industry globally. Lastly, it addresses the issues surrounding our land—the Canadian mining industry. The research shows that the history of mining goes as far as the Neolithic era. The mining value chain presented demonstrates the formation of a mining company to the extraction of the natural resources. Further investigation shows that the mining structure is an oligopoly. Methods of analysis include an environmental analysis using PEST and a stakeholder map, which focus on the performance of a world-renowned mining company TransAlta. The finding is that management’s role is to have efficiency and productivity while maintaining ethical practices. Ethical theories are then used to look at the social, environmental and economical impacts of the Canadian industry. It is concluded that each ethical theory presents a favorable solution to each impact. Social corporate responsibility is evaluated in the last ten years in Canada and around the globe. It is found that the industry has become one of the most safety-conscious industries within Canada. The companies still...
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...price of copper, for example, through setting up a buffer stock scheme. 2.Evaluate advantages and disadvantages of various methods of government intervention to correct market failure arising from aircraft emissions. 3. Discuss the likely effects on the retail market for coffee if there is a large increase in city centre rents. 4.In the UK, students face increasing tuition fees. Discuss the benefits and costs to society of abolishing all tuition fees. 5.Discuss three policies to reduce the level of cigarette smoking amongst under 21s. 6.Discuss the extent to which governments should subsidise companies who are developing cars which run on clean fuels such as hydrogen? 7.Discuss whether the government is mistaken to worry about monopoly power? 8.Discuss the advantages and disadvantages of the government intervening in agricultural markets? 9.Discuss the effects on UK business of a rise in fuel prices. 10. Discuss whether the government should end free health care for people and make them take out private health care insurance like in the US? 11. Discuss the role that pollution permits could play in reducing global warming 12. Discuss the case for implementing a congestion charge for driving into Birmingham city centre. 13. Discuss the micro...
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...become a leading grocery store chain that sells natural and organically grown produce in the United States and overseas. Whole Food Market, Inc. mission, culture and values are as follows: Mission: “We believe that companies, like individuals, must assume their share of responsibility as tenants of Planet Earth. We actively support organic farming, the best method of promoting sustainable agriculture and protecting farm workers and the environment. We also aim to protect the environment by supporting alternative sources of energy and by recycling or composting our waste. We are actively involved in our communities by supporting food banks, sponsoring neighborhood events, and contributing at least 5 % of total net profits to not- for profit organizations. Our vision of a sustainable future means our children and grandchildren will be living in a world of that values human, creativity, diversity, and individual choice. Our whole business is about making a difference- in the lives of our team members and the customers we serve, and in the communities and environments that we operate. Our Philosophy is to satisfy and delight our customers- and to support team member’s happiness and excellence.” http://www.wholefoodsmarket.com (2015) In this paper, I will analyze how whole foods Market Inc. has attempted to balance the social mission during times of extreme corporate and expansion. The rapid growth has caused management to be inconsistent in implementing its original...
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...Strategic Management Report On “Sui Southern Gas Company Limited” Prepared By: Hassan Mirza (2861) Mohammad Kashif (1714) Submitted To: Mr. Tariq Kaleem Dated: 9th January 2011 BRIEF HISTORY * Sui Southern Gas Company Limited is Pakistan’s leading integrated gas companyformed on March 30, 1989 following a series of mergers of three pioneering companies, namely : 1. Sui Gas Transmission Company Limited 2. Karachi Gas Company Limited 3. Indus Gas Company Limited * Sui Gas Transmission Company Limited was formed in 1954 with the primary responsibility of gas purification at the Sui field in Baluchistan and its transmission to the consumption centers at Karachi. * The two distribution companies: Karachi Gas Company and Indus Gas Company, set up in 1955 to build and operate gas distribution systems in Karachi and Interior Sindh. * In 1985, these two distribution companies were merged to form Southern Gas Company Limited and later, in 1989, Southern Gas Company Limited and Sui Gas Transmission Company Limited were merged to form the Sui Southern Gas Company Limited 1) INTRODUCTION * SSGC is the largest integrated natural gas transmission and distribution companies in Pakistan * Serving the entire Southern region of the country, comprising the provinces of Sindh and Balochistan. * It has exclusive distribution and sale license in the provinces of Sindh and Balochistan. * Company’s core business is to buy natural gas...
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...Steven Masetti Professor Guo 11/29/13 BU201 General Mills General Mills is a company engaged in the marketing and manufacturing of branded consumer foods sold through retail stores. The company operates about 50 facilities for the production of the wide range of food products. General Mills operates through three business divisions, U.S. retail, international services, and bakeries and food service. Its consumer brands include Cheerios, Fiber One, Haagen-Dazs, Nature Valley, Yoplait, Betty Crocker, Pillsbury, Green Giant, Old El Paso, and Wanchai Ferry. Its main headquarter is in Minneapolis and the company operates in more then 100 countries. General Mills’ International operations have been growing rapidly in recent years. Fiscal 2012 international segment net sales are expected to exceed US$4 billion. including sales from the Yoplait international yogurt business acquired July 1,2011. International sales are growing 22%, although earnings will be flat with last year, capped by one-time charges in 2012 for acquisitions of brands in Canada, Brazil and the U.S. General Mills product line is very well increasing in revenue and one main product that has been a huge seller is the Greek 100. Greek 100 is General Mills’ biggest-selling new Yoplait product in at least 20 years. It’s expected to do $140 million in sales in its first full year. Only about 2 percent of new consumer product launches do over $50 million in their first year so that’s really a big move. Greek...
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...activities related to the production of goods and services within a specified geographic region. This can exist on a national scale, the trade and services within a country, but equally, if countries trade goods and services with each other, their economies interact, it can happen on a global scale, this is known as globalisation. This interaction of economies on a worldwide scale is else known as the global economy, and NICs and TNCs play a fundamental role in changing how it operates. An ‘NIC’, else known as a ‘newly industrialising country’ is a country where industrial production has grown sufficiently for it to become a major source of their income as a nation. A ‘TNC’ is a company that operates in at least two countries. They often have management headquarters in their home country and operate in host countries alongside; examples would include GlaxoSmithKline, BP, Wal-Mart and Coca-Cola. NICs are having a prominent impact on sculpting the global economy. They are characterised by the fact that they are gaining an increasing share of the world manufacturing output, a significant growth in their manufactured export production and a significant annual growth in their manufacturing sector. The first generation of NICs were, given their geographical location, known as the ‘Asian Tigers’ – Hong Kong, Taiwan, South Korea and Singapore. The impact of NICs is global; the 21st century is arguably an era of global economic independence. The growth model of the Asian Tigers...
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