Case 11: Great Lakes: Great Decisions Report Jessita Herriott Mr. Bill Loelius Bus. 499 (Senior Seminar) October 20‚ 2010 Great Lakes’ Immediate‚ impending‚ and Invisible Competitors and How G.L. Measure’s Up Great Lake’s bad public relations image is its only immediate‚ impending and invisible competitor. The industry environment that Great Lakes is situated in is one that is characterized by global market shifts and pressures. At the moment‚ Great Lakes does not have any competition from
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Great Lakes: Great Decision Case Study MEMO Date: 7/21/2010 To: Great Lakes Board of Directors From: Subject: Great Lakes: Great Decisions Since the mid-1990’s there is growing worldwide pressure‚ especially from environmentalists‚ for us to stop making the lead additive via our subsidiary‚ Octel Associates‚ because a scientific study in the 1960’s found that lead caused brain damage in children‚ respiratory problems
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Case Study 8-1 Great Lakes Carriers OVERVIEW: With the demand for Great Lakes Carrier’s traditional commodities of iron ore and grain movement on a constant decline‚ Great Lakes Carrier is in need of a new market for its bulk cargo business to stay in business. CASE QUESTIONS: 1 When considering a new business venture‚ Great Lakes Carriers (GLC) will need to gather vital marketing data to support the transition. Issues to consider would include: will the current market support a new waterway
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“The Great Lakes Research Center (GLRC) provides state-of-the-art laboratories to support research on a broad array of topics. Faculty members from many departments across Michigan Technological University’s campus collaborate on interdisciplinary research‚ ranging from air–water interactions to biogeochemistry to food web relationships.” Its main purpose is to educate students‚ faculty‚ teachers‚ and others about the Great Lakes water basin. The Great Lakes Research Center has many education and
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value of the contract‚ it is recommended that Ocean Carriers not go ahead with the construction. However‚ if a strategic alliance can be created with another carrier to lease their vessels‚ Ocean Carriers should accept the contract. If the strategic alliance is mutual‚ Ocean Carriers should build the vessel to add on to its own fleet. Key Financial Issues Mary Linn has to deal with the following key financial issues before making her decision. 1. Assessment of the amount of expected returns over
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Great Lakes: Great Decisions By: Judy Webb Professor Natalie Marsh Business Administration Capstone – BUS 499 January 12‚ 2011 Perform an analysis of the Social/Demographic‚ Technological‚ Economic‚ Environmental/Geographic‚ and Political /Legal/Government segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. Social/Demographic Segments – The primary consumers of the products produced by
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Ocean Carriers Assumptions and Methodology Based on an NPV analysis considering multiple scenarios‚ Ocean Carriers should commission the construction of a new capesize carrier in the event they are operating with no corporate tax and chartering the ship for its entire 25 year life. Such is the recommendation assuming the forecasted hire rates and estimated costs are accurate over the long-term. However‚ if Ocean Carriers chooses to adhere to their policy of selling ships at market value
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http://www.studymode.com/essays/Ocean-Carriers-133412.html Average daily hire rates are determined by market supply and demand. Factors such as the number of operating vessels‚ number of scrapped vessels per year‚ the age of the ships‚ the efficiency of ships‚ and market expectations of supply and demand; consequently‚ these factors drive average daily hire rates. Market conditions also drive rates since demand is dependent on the world economy. When the economy is strong‚ the demand increases‚
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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
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Great Lakes is currently the largest U.S. methyl bromide supplier in the U.S. producing more than 40 million pounds annually at their plants. Great Lakes Chemical ’s involvement in the bromine business has its roots in leaded gasoline. When tetraethyl lead (TEL) was invented as a gasoline additive back in the 1920s‚ it was found to leave a corrosive byproduct in the engine. Great Lakes developed international markets for its products. Globalization of leaded gasoline makes TEL responsible for nearly
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