Great Lakes, Great Decisions - Case Study Example

Comments (1) Cite this document
This paper contains the PESTEL analysis of the Great Lakes. What follows is an analysis based on this formula on how Great Lakes will be affected. PESTLE – includes all these external factors which are political, economic, social, technological, legal and environmental factors that impinge on a business…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
Great Lakes, Great Decisions
Read TextPreview

Extract of sample
"Great Lakes, Great Decisions"

Download file to see previous pages Political – the political environment for leaded gasoline had changed markedly due to the intense lobbying of environmental groups. Politicians who plan to seek office and those already in office but are seeking re-election have no choice but to listen to advocacy groups. By the end of the twentieth century, various scientific studies have established that lead can really cause adverse health conditions such as brain damage in children, respiratory problems in adults and overall lowering of the air quality (Mead, Wicks, Werhane and Freeman 156). In such a politically-charged atmosphere, not only politicians but businesses as well have to also take into consideration how their products may harm the environment and listen to opinion. A big company like Great Lakes has to exercise its responsibilities as a corporate citizen too. A new operating environment has to be taken into consideration when making strategic plans in business decision making like compliance with stricter emission standards as required under new policies by the Clean Air Act (1970) that banned the use of leaded gasoline.
Economic – the economics of mass transportation such as private cars and buses has been going in the direction of clean and renewable energy such as ethanol or through the use of lower-rated unleaded gasoline through the use of catalytic converters the prices of which are going down because these previously specialized products are now becoming generic. At any rate, the cost of transitioning away from leaded gasoline is not that expensive as studied by both the World Bank (WB) and the World Health Organization (WHO); the net negative impact on economic growth rates is not that substantial anyway as thought (ibid. 158). Social – people are getting sick from all the lead pollution in the air they breathe and now realized how harmful some of their lifestyles have been on themselves and environment. To such an extent, a growing social movement towards healthy living and health awareness is making the changeover to unleaded gasoline a mandatory strategic move for big businesses. It is unrealistic for a business enterprise to ignore these social movements which determine to a large extent the buying patterns of consumers. Sooner or later, people would see the healthy benefits of using unleaded gasoline for themselves and their children. Using macro-economic environmental analysis allows business leaders to anticipate future trends (Fleischer 172). Technological – energy production has been shifting towards a renewable and clean energy source for cars such as bio-fuels like bio-ethanol derived from alcohol produced by a fermentation process of the sugar components of plants like sugarcane and starch crops. Shift to clean energy sources has been partly driven by a combination of factors such as peak oil (a realization that fossil fuels production is now on a downtrend due to fast depletion of known reserves which are non-renewable), the political instability of crude oil supplier-countries, the high gasoline prices, concern over the environment and government subsidies for bio-fuels. A shift to renewable energy sources is inevitable as new production techniques lower its costs. Legal – as can be seen from the experience with the markets in developed countries, new environmental regulations and laws pertaining to preservation of the environment are all being strictly enforced such as clean air standards requiring lower sulfur emissions. All those developing ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Great Lakes, Great Decisions Case Study Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from
(Great Lakes, Great Decisions Case Study Example | Topics and Well Written Essays - 1500 Words)
“Great Lakes, Great Decisions Case Study Example | Topics and Well Written Essays - 1500 Words”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
gutmanndouglas added comment 8 days ago
Student rated this paper as
The topic of "Great Lakes, Great Decisions" was hard to find. I spent ages to find it. Here at StudentShare, I got the finest sample. Many thanks!
Great Wall Golf & country Club
Development of golfing industry in China had several strategic reasons. Firstly, the business elite had very few choices for golf club membership. Secondly, corporate memberships were sold for large premiums therefore private members faced waiting lists. Another stimulant for the development of a golf resort was to attract potential investors to the residential community and commercial properties being developed.
5 Pages(1250 words)Case Study
Great Wall Golf & Country Club Case
7 Bibliography 8 8 1.0. How Do The HRM Practices At Great Wall Fit Together Strategically? The Great Wall Golf & Country Club of China is regarded as key are for providing the golf facilities. The overall emphasis of Great Wall Golf & Country Club was to be profit making, to be market –driven, to provide innovation and quality, and to focus on professional development and to support growth.
5 Pages(1250 words)Case Study
McDonald's No Longer the 'Great American Meal'
The company depended on building more stores, and placed a large emphasis on the American, Britain, Germany, and French markets which had reached market saturation. Other fast food competitors were also providing better quality and healthier food options.
2 Pages(500 words)Case Study
Business Plan for Great Barrier Reef Sponge Farm
The company is not expected to distribute cash to shareholders in the form of dividend or share repurchases over the next five years as it expects to expand its activities and invest in all positive net present value (NPV) projects. Consequently, all profits will be re-invested into its expansion program as well as any profitable venture that the company may come across.
8 Pages(2000 words)Case Study
Great Lakes: Great Decisions
This paper analyses the external environment of the company which comprises of the political, environmental, social/demographic, technological, and the economic environment. It also studies how Porters’ five forces of
8 Pages(2000 words)Case Study
The Great South Bay of Long Ireland
Hard-clam industry is a major component of the economy, and coastal fisheries resources, and the waters in which they lived, are felt to be public property; thus, fishes and clams are available to all and can be owned only when caught. Development of the clam industry and exploitation of wildlife resource has led to substantial decline of the hard-clam population and environmental degradation.
3 Pages(750 words)Case Study
Legal system in Great Britain
The initial advantage of precedent is that is serves as a time saving device of convenience. This is because when a problem has already arisen before and has been solved in the past, then it would be easy to reach a similar conclusion without too much consideration.
9 Pages(2250 words)Case Study
Great West Casualty V. Estate of G. Witherspoon
The company requires advice on how best to address the problem in light of heightened media coverage. The memo provides a brief summary of the details surrounding the case, looks at the implication the case has on Great West Casualty and ultimately on Old Republic International. Finally, the memo will offer recommendations and an action plan.
8 Pages(2000 words)Case Study
Case 4-1 McDonald's Great Britain -The Turnaround
Two years later, the company went to court suing five Greenpeace activists for negatively criticizing it in what ended up a big setback for the company. In 2001, rumors of mad cow disease shook the
3 Pages(750 words)Case Study
Great Lakes: Great Decisions
Describe how Great Lakes will be affected by each of these external factors. Social/Demographic: The size of population and geographic location are the two factors which have a fairly strong effect on Great Lakes. The lead additives manufactured by Great Lakes are consumed majorly by developing countries where health and safety standards are not fully established.
4 Pages(1000 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Case Study on topic Great Lakes, Great Decisions for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us