...The Great Lakes: Great Decision Rita Stroud-Lipsey Strayer University Professor: Dr. Barry Adkins BUS 499—Business Administration Capstone January 13, 2012 Introduction The main purpose of this essay is to analyze the social/demographic, technological, economic, environment/geographic and political/legal/governmental segments to understand the general environment facing Great Lakes. It will also describe how Great Lakes will be affected by each of these external factors. It will then analyze the lead additives industry in the U.S. using the Five Forces of Competition Model. The Five Forces will display the impact it has on the industry based on the analysis, in which it can then be determined if the industry is attractive or unattractive. Next this essay will describe who Great Lakes’ immediate, impending, and invisible competitors are and how Great Lakes measures up against these competitors. For the conclusion it will describe the main capabilities of Great Lakes. Great Lakes: Great Decision 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. Social/Demographic Social/Demographic: Great decisions are constantly being debated for the Great Lakes as to what factors tend to affect the Social and Demographic segment. Socially our society...
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...GREAT LAKES PIPE & TUBE, INC. “If we do decide to produce the 10- and 12-inch pipe internally, it could solve our overstaffing problem,” Mark Rubin, owner of Great Lakes Pipe & Tube, Inc. (GLPT), remarked to Vinny Patricko, the plant manager. “I’m reluctant to lay anyone off or even cut back hours. It’s not good business and it’s not the right thing to do if it can be at all avoided.” THE FIRM Mark Rubin had no intentions of starting his own firm in 1972. Since graduating from college in 1964, he had worked for ML Pipe, a company based in Youngstown, Ohio. In January 1972, the company decided to relocate to New Jersey, and Rubin went also. Rubin and his wife were quite unhappy in Virginia, mainly because they felt so distant from their relatives, nearly all of whom were located around Youngstown. In May of 1972, he decided to move back to Youngstown and start his own pipe company. Rubin felt he understood the manufacturing side of the piping business “inside and out.” He recognized, however, that in order to be successful, he needed marketing and financial expertise. By his own admission, Rubin made “many mistakes” during the first 18 months, but nonetheless, the business surged ahead. By the third year, it was clear not only that the company would be successful, but that it had the potential to prosper. And prosper it has. GLPT operates on 14 acres and employs 31 people. In fiscal year 1991, sales totaled nearly $25 million despite a nationwide...
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...: Running head: Great Lakes: Great Decisions Great Lakes: Great Decisions Danelle A. Dancy April 15, 2012 Business Administration Capstone-BUS499 Prof. Christopher McGrath Great Lakes: Great Decisions 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. Corporate social responsibility is defined as a business’s concern for society’s welfare (Lambi, Hair & McDaniel, 2011). Corporations want to become more sustainable and remain sustainable by allowing management to focus on both long-range best interests of the company and the relationship to the society it operates in (Lambi, Hair & McDaniel, 2011). In the case of Great Lakes, the division manager Ellie Shannon was faced with making the recommendation to the company’s board of directors on which of three policy options she felt the company should pursue (Hitt, Hoskisson & Ireland, 2011). The pyramid of corporate social responsibility is an excellent standard to measure the outcome. Great Lakes, according to text is in an excellent position economically to “wash its hands of the leaded gasoline business and its repercussions” (Hitt, Hoskisson & Ireland, 2011). It would be too harsh to just completely...
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...Great Lakes: Great Decisions Strategic Management October 13, 2011 Great Lakes Chemical Corporation is a chemical producing corporation located in the United States that produces many different chemical compounds and solutions, including the ever controversial lead additive used in gasoline in some developing nations. The company, which was originally founded as an oil company, eventually acquired several other corporations and extended their oil business into one that handles chemicals such as bromine and eventually took over the company Octel which produced a lead additive. While the use of leaded gasoline became illegal in the US and all developed countries, it was still in heavy use in developing countries. These countries had yet converted to non-lead use, impart by the total control of these businesses by the government who cared solely on their profits. By a technological standpoint, Great Lakes uses minimal technological advances in its production of the lead additive, along with their other chemicals. With the advancement and use of non-leaded gasoline, all other chemical companies stopped producing the lead additive, mostly to comply with new regulations enforced against the environmentally unsafe additive. The company has been faced with dramatic push backs from environmentalists who urge the company to stop the production of this. The main issue with following through with this is that their economic situation has been extremely successful. The company...
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...Great Lakes Art Fair For the second art encounter I attended the 2014 Great Lakes Art Fair in Novi, Michigan. It was a short 1 hour drive for a great experience that I will tell my family about for weeks to come. This art fair reminds me of the Black Swamp festival that is in Bowling Green every year. There was art vendors as far as the eye could see. I enjoyed my time there looking at all different kinds of art, from the more contemporary styles, to classical works of art that looked as if they were taken from museum floors. The show consists of 200 artist displays, and includes free access to decorated gardens and a student art display as well. One of my favorite aspects of the festival was just the amount of art there was there. It was interesting seeing artists make pottery by hand, and showing off their tapestries that some of which took years to complete. It was really amazing to see these things, and to see how close and similar their techniques were, as to what we learned in class. Another thing that amazed me at the fair was the glassblowing demonstrators. Glass blowing has always been something that interests me. It was so cool seeing these people take molten globs of glass, and turning them into amazing bowls, vases and abstract works of art. It was really amazing to see some of the tapestries that these artists had worked on. In some cases their designs looked extremely similar to the sample projects that we had just finished. It was really cool to see what they...
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...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...
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...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,...
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...Hello! I am professor John Hydrolove. I live on a beach house by Lake Erie on Michigan's side. I am qualified to write this editorial because I live by Lake Erie and I am a professor in water quality. Due to the pollution, invasive species, and loss of habitat the Great lakes condition is becoming more worse. Now let's talk about the problems in the great lakes. The first cause of why the Great Lakes condition is becoming more worse is because of the pollution. So much waste is being dumped in the lakes. In 1969 the Great lakes was a mess. Many locals called the lake cesspools and wastebaskets. “When rainfall, snowmelt, and irrigation water run across the land, the water picks up pollutants from the soil.” Also the runoffs from storms collects...
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...Hello! I am professor John Hydrolove. I live on a beach house by Lake Erie on Michigan's side. I am qualified to write this editorial because I live by Lake Erie and I am a professor in water quality. Due to the pollution, invasive species, and loss of habitat the Great lakes condition is becoming more worse. Now let's talk about the problems in the great lakes. The first cause of why the Great Lakes condition is becoming more worse is because of the pollution. So much waste is being dumped in the lakes. In 1969 the Great lakes was a mess. Many locals called the lake cesspools and wastebaskets. “When rainfall, snowmelt, and irrigation water run across the land, the water picks up pollutants from the soil.” Also the runoffs from storms collects...
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...499 Professor Eliopoulos July 11, 2011 Assignment# 1: Case 11: “Great Lakes: Great Decisions” 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. Social/Demographic Segment-Ellie Shannon, the Division Manager for Great Lakes Chemical Corporation had a concern for what option was to offer regarding the continued use of lead based additives in developing countries. Even though it was not illegal to do so, Ms. Shannon considered the potential effects this decision would have on Great Lakes to compete in global markets and if it would impact the company positively or negatively as a corporate citizen. Technological Segment-Great Lakes was a company that always sought to keep up with technology and ways to make its product better. During the 1950s they focused on petroleum production and from there moved into the bromine and chemical business. Great Lakes developed chemical products for applications such as water treatments, specialty household cleaners, flame retardants, polymer stabilizers, fire suppressants, and performance chemicals. Great Lakes took on the production of lead additives and that is where they made the majority of their wealth. Economic Segment-Great Lakes made very wise decisions as far as investing in companies such as...
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...The Great Salt Lake INT1 Task 2 (Ha’Eri, 2004) Location ● The Great Salt Lake is located in northern Utah. (USGS, n.d., b) Biotic Components ● ● ● ● ● ● ● Brine Shrimp Brine Flies Algae Ducks Geese Gulls Pelicans (Wikipedia, n.d.) (Wurstsbaugh, 2014, d) Abiotic Components -Surface elevation 4200 feet above sea level -Depth averages 14 feet -Railroad crosses through the lake -Averages 15.7 inches of precipitation per year -Water temperature varies from below freezing to 80 degrees Fahrenheit. (Gwynn, 2002) Current Human Impact -Humans building a railway through The Great Salt Lake has divided the lake and caused that half of the lake has a higher salinity percentage than the other half. This is caused by the South end has more fresh water flowing into it and the North end has more salt water flowing through it. Because of the railway, it doesn’t pass through to the other side. The percentage of salinity is affecting the brine shrimp eggs harvest. It has decreased. The residents in the Salt Lake area use more water than the average people in the country. Not conserving and using so much water is affecting the water levels of the Great Salt Lake. The lake is getting smaller each year. (USGS, 1999) Future Human Impacts -If current water usage trends continue, the lake will continue to get smaller and smaller. With future growth of the area expected to triple in the next 50 years, Utahns are facing...
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...Great Salt Lake Ecosystem The Great Salt Lake is the remnant of Lake Bonneville that covered much of Western Utah and parts of Nevada and Idaho during the Pleistocene Era. It is a terminal lake, three and a half to eight times saltier than the oceans, which supports brine shrimp and flies along with algae and bacteria that have adapted specially to this extreme environment. It has three contributing rivers that flow into it, the Bear, Provo/Jordan, and the Weber. There are no fish that can survive in the lake, but it has become a resting ground for some two to five million migratory birds making it an important bird refuge (United States Geological Survey, 2013). Although the saltiness and general lack of organisms would make the Lake to appear as simple it is a fragile, complex ecosystem. Structural and Functional Dynamics of Great Salt Lake The structure of the Great Salt Lake lends to very dramatic changes in the size and volume of the lake with even small changes in water amounts. The Lake only averages 14-16 feet in depth with the deepest part around 34 feet, and an elevation of 4200 feet above sea level. At its lowest point of 4191.35 in 1963, or just eight feet lower than its historic average, the Lake saw a decrease of surface area from 1700 square miles to 950 square miles (United States Geological Survey, 2013). With just an increase of 11.6 feet of elevation the surface area jumped to more than 3300 square miles. The Lake serves the millions of migratory...
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...Great Lakes Water Wars Introduction Water is a requirement of all life, as “it dissolves organic molecules…allows for transportation in and out of cells; and it is involved in many of metabolic reactions in the cells,” (Bennett & Shostak, 2007). Water is therefore in high demand due to its importance need to sustain life. With a rising world population and increasing world pollution, is the supply of clean water is decreasing per capita against its forever growing demand. “While about three-fourths of the earth's surface is covered with water, only about 2.7 percent of it is drinkable,” (Allardice, 2005) “Some two-thirds of that is locked up in snow and ice,” (Ehewnman, 2003). Water is in conflict between countries as the quality of clean water per person is steadily decreasing. The Great Lakes, the biggest body of water in North America, and supplies water to Canada and the U.S. and its rivers are also used for Hydro powered damns. This paper examines the Great Lakes water conflicts between Canada and the U.S., by observing the drinkable water that can be supplied. While also observing the legalities and regulations of who has the rights to Canada’s massive water supply. Even if the water is in Canada’s country, they may not have complete control over it. Many solutions from one side, such as water diversion, have created concerns for the other. Due to Canada’s high water supply from other lakes and river systems, they do not as dependent on the Great Lakes as much...
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...Structure, Function, and Change Paper (Great Lakes) Shantera Bell October 26, 2015 SCI/256 UOP The Great Lakes region is rich with life and full of native species well adapted to survival. However, since the early 1800s, many non-native plants, animals and microscopic organisms have been introduced into the Great Lakes, either accidentally or intentionally. Great Lakes native species are diverse and interesting and contribute to a healthy ecosystem. There are many unique and interesting birds, fish and plants found in Michigan and throughout the region that are integral to the health of the Great Lakes ecosystem. More than 140 species of birds depend on Michigan’s coastal habitat during their life cycle. Coastal wetlands, beaches, sand dunes and remote islands provide food and shelter for both resident and migratory species. Waterfowl such as Canvasback and Scaup are among the many species that use coastal wetlands as stopover sites to rest and refuel. Shorebirds including the endangered piping plover fly thousands of miles to nest on undisturbed beaches and remote Great Lakes islands. Because of their use of the coastal lands, there are thousands of great locations to see both resident and migratory bird species throughout Michigan and the Great Lakes region. State parks, national parks, wildlife refuges and sanctuaries throughout the state all provide good bird-watching opportunities. Some sites along Michigan’s Great Lakes shoreline are even considered birding...
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...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...
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