Waste management inc research

The CEO and the executive team figures out the relationship between various companies and determines how the resources will be managed and allocated resources. It guides the team on the areas of the different business relationship and how they are supposed to invest or divest. The corporate strategy establishes the nexus between businesses, evaluates new markets opportunities as well as an entry mode. There are different methods of entering a new market such as internal development, strategic alliance and acquisition. Business strategy Business strategy refers to the interventions of a company to attain competitive advantage for a single area of business in a diversified company or strengthening the capacity of the separate business company in the market. operates a low-cost provider strategy.

The approach has proven to fuel the growth of waste management Inc. growth. The company continues to dominate the market based on its competitive and strong pricing of their services. It has continued to enjoy cost leadership because of the economies of scale, cost regulation through different tools, useful resource allocation, overall increased productivity and efficiency. The company differentiation strategy ensures that the company outstands among its customers. The company has managed to offer outstanding waste collection, transportation services that are unique to the customers and amongst the competitor. This develops the company to have reliable customers baser and retains a high number of customers. The services offered are diverse, thereby providing the customer with options such as recycling, waste collection, plastic processing, hazardous and non-hazardous waste management (Grayson and Hodges, 2017).

Lastly, but essential waste management Inc. The business and financial profile of the company has a reliable and consistent cash flow throughout the years. This is a product of the dedicated management team that send time analyzing the market trend. Their financial system ensures that errors are detected early ad corrective remedy applied to the issues identified. Their spreadsheet is highly flexible in responding to the dynamic business environment. Waste Management Inc. The foremost opportunity is cutting down emissions through renewable energy. The company can also explore the opportunities around unconventional oil and gas. Adopting unconventional oil and gas as the source of petroleum can enhance the functionality of the company strengthening the functionality. The conventional means are being adopted faster than conventional technology; therefore, the company can be lead in this sector.

The growth of unconventional oil and gas is likely to surpass the conventional means in the coming years, according to EIA projections. The local industries may also threat regional or international companies as they have close access to the customers, and many people would be interested in the local services (Rhyner et al. The municipality and councils are a threat to waste management Inc. because they have ways of managing their wastes. The revenue streams will be affected by companies that may be offering lower prices such that they may attract customers because it is a blow to waste management Inc. pricing structure. The strong financial position of the company generates high returns sustainable, and they can capitalize on the benefits of their partnerships.

The employee is trained. Therefore, the company has maintained a strong reputation record coupled with broad brand portfolio (Eva et al. Waste Management Inc. Weaknesses The company has little stake in their research and development budget. is, therefore, geographically concentrated in North America. When the company is operating within a concentrated geographical area, the company will be risking the revenue because it will be restricted to a small space; therefore, higher risks. Further geographic concentration makes the company highly vulnerable to market changes. This affects the growth and development of waste management Inc. negatively (Cadle, Paul and Turner, 2014). The company is not marketing well new energy production and recycling techniques. These are emerging business in the industry, but the company continue to advertise their traditional business more.

Opportunities 1. With increasing packaging trend, garbage disposal has enough future scope for sustaining. The industry is mainly dependent on the demographic and income. References Cadle, J. , Paul, D. , & Turner, P.  Business analysis techniques. Chartered Institute for IT. BCS, The Chartered Institute for IT. Rhyner, C. R. , Schwartz, L. J. (n. d. Retrieved from https://www. wm. com/us/en/myhome Strategy Recommendations 6. Allocating fund that will implement the company corporate social responsibility to establish a good relationship with the customers. Upscale environmental accountability and remedies to maximize waste conversion into meaningful products. Set up a budget that will cover up the cost of environmental liabilities and ensure compliance with all regulation in the countries that the company operates. Take up the advantage of current environmental policies and regulations such as the Paris agreement and EU Brussel deal.

Which two issues of above mentioned in 2) are you going to address and solve with your recommendations? 1. it will also maximize transportation of the waste and develop the modernization of the landfills. automation of collection service will notify the company once the waste is ready for transportation and what interventions needs to be put on the waste. Sensors and magnetic system will be installed in the system for screening of the waste. The transport system should also be upgraded to use natural gases instead of diesel reducing the cost of transportation. Strategy Investment in upscaling the technology to incorporate automated services will reduce operation cost, increase efficiency and work satisfaction. Objectives This translates that less waste will be generated, therefore. The energy and climate adopted in Brussel will be implemented up to 2030.