Midwest copper mining

They have utilized some strategies to do this including: ▪ Providing low-price offers to co-location customers ▪ Recruiting only the best talents from across the state institutions and thus maintaining the quality of their produce ▪ Developing in-house novel ideas on how to mine and process the copper to the most exceptional quality ◦ Mentoring new staff members in a six-month program that ensures they have learned how to produce the best results with much consistency ◦ Having a programmer that provides there is minim pollution all across the production chain The local town was founded on the bias of being a copper-mining town and by this, it was able to grow and develop. Most of the town members directly or indirectly depend upon the company for their daily living.

The company is very much involved in fostering a sense of community and integration in the local area, by running of various intra-community activates charities and awards. The heritage of the town overlaps with that of the mining company as they influence each other. The company has been able to make tremendous strides in meeting the needs and wants of their customers, but CEO Charles Swanson is still concerned with the growth of the company. The difficulty that affects all those connected with the company is an excellent impediment towards its expansion. If the company were to choose to expand and start producing more copper rapidly, they would exhaust the mine in a concise period. They, therefore, need an alternative ore from which to do their mining.

If this is not done as soon as possible, the company stand losing a number of their clientele particularly those who are co-located with them. These are companies like 3M, Medtronic, and St. Thus, the company will have to maneuver the playfield aright if it is to be able to grow and develop with the rest of the world. The opportunities presented have to be well analyzed and tapped. Social: The Company is of significant influence in the culture of the local town of Koppersteadt. There is a need to maintain this as many of their counters and employees live around there. These will be of significant influence on how the company grows and develops. Threats of new entries: It is quite difficult for new entrants to get into the business because of the knowledge needed in the sector, the capital investment and the availability of the mineral ore.

Not just any company or individual can decide to come into the area and start his own company. There are a lot of difficulties and hindrances all along the way The threat of substitution: Copper is applied in some industries mainly electrical power and electronics production. Substituting it with an alternate element is quite tricky and cannot be quickly done. Synthetic copper is not readily available, and thus many companies still opt to stockpile and use the mined ore. The CEO has been required to do all he can to amend the situation. If he were to choose, to increase the prices to remain profitable, the solution would prove to be a temporary respite. There is a need for a more permanent solution, and otherwise, according to the estimated forecast, the company may go on a spiral in less than four years.

Propose Solutions Some solutions can be proposed to solve their problems and wade through them. First, the company needs to expand to satisfy the growing demand. MCM will need to build up their employees and most talented customers while ensuring that they develop more talents through their mentorships program. The expansion has to be run and done by the employees instead of bringing in new players. For the sake of the social intricacies and eyes that have been made in Koppersteadt, MCM should consider keeping the facilities there open for a more extended period. They should not just close down and leave. They should find means to perpetuate the life of the mine and thus be able to support the people left there while preparing them in case the ore runs out.

Keeping Koppersteadt open, will undoubtedly be to the gain of the company. MCM had grown based on the spreading of its culture to all the people around them. Based on the great talent they attract the novelty of ideas in the sector and the good culture within the company encourages many to come and work for them. Quickly closing down Koppersteadt by exhausting the mine will certainly force MCM to relocate and it will thus move with only a few employees. “Forty percent of the population of Koppersteadt works directly for MCM, twenty percent work for the businesses that supply equipment to MCM or for the customers of MCM, twenty percent work for non-mining businesses (grocery stores, hardware stores, etc. Background of Midwest Copper Mining.