Great Lakes: Great Decisions

Great Lakes: Great Lakes Decision Kenneth Mitchell Strayer University Business Administration Capstone 499 prof Allan W. Zarse April 16, 2012 Great Lakes: Great Lakes Decision Perform an analysis of the social / demographic, economic, surroundingsal / geographic, and political / legal / governmental segments to beneathstand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. Great Lakes chemical Corporation was originally founded as an oil and exploration company, ab initio named McClanahan Oil Company. The company was later purchased by Charles Hale in 1948, with the goal of converting it into a natural resource company. However, by 1958, under Emerson Kampens tenure, Great Lakes made a lucrative and discreet decision to acquire bromine-rich brine deposits in Southern Arkansas, catapulting it to pre-eminence. atomic number 35 was used in a variety of retail and industrial products and was particularly important as a wake up-retardant running(a) in textile and plastics. Great Lakes also produced a change product-line of chemicals for applications such as water treatment, specialty household cleaners, polymer stabilizers, fire suppressants, and performance chemicals.

In 1989, Great Lakes acquired Octel Associates for its ability to produce bromine. This erudition and merger would later trigger Great Lakes dilemma socially, politically, economically, legally, environmentally, and geographically. Octel Associates produced a tetraethyl air current (TEL), which had ethical and public relation challenges that conveyed with its purchase. Ironically, though, Great Lakes did non intentionally set out to be a lead additive producer; instead, Great Lakes used it to make former(a) products such as color stabilizers and fire retardants and, to its surprise, tetraethyl lead (TEL) lastly accounted for well over half of the companys conglomeration operating profit each year. For example, under the tenure of Emerson... If you postulate to get a full essay, order it on our website: Orderessay

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