In this way, Steelco could not only make use of the excess plate capacity, but also set a competitive advantage in larger size wide-flange beams. Thus, Steelco could break the monopoly position of USX in 24 inches or above segment market. In the long run, these larger sizes might offer a significant breakthrough for the construction industry. 1.3 Market reaction and possible reasons However, the market reaction was disappointing when the new products are brought in. The reasons are as follows.
The bottles are toxin-free and carbon neutral, compared to popular plastic bottles containing petroleum. They are also reusable, recyclable and compostable in 80 days. The companies say that for every 72 plant-based bottles produced, they save one gallon of oil. Water is sourced within 500 miles of plants and the bottles also use 65 percent less energy and fuel to
The usage of burning oil and coal can be costly. Most of these facts are hidden from us but it is true. Not only does it cost money to burn the oil and coal but the construction of these power plants, workers, materials, money for labor workers and the transportation of the substance. Sulfur dioxide is not environmental friendly and is probably one of the worst substances for our earth. It can cost billions of dollars to run a plant like this were recycling saves us tons of money on our renewable resources and has very little cost of reconstructing a product.
1a) Explain the classification of the selected energy resources shown. This resource shows the environmental impacts, social acceptability and economic costs of a select few energy sources. They are classified in this way for a number of reasons. Nuclear power is shown to have high economic costs, this is because it is very expensive to build and decommission nuclear power stations, it also an expensive process to mine, process and enrich uranium and plutonium required as nuclear fuel. Nuclear waste must also be stored for a very long period adding to the cost.
Vender’s sale anything from automotive parts, electronics, medical supplies, office supplies and the list goes on. Huffman Trucking has divided their database of customers into two portions which include type S (small accounts) and type L (large accounts). The large accounts are more loyal customers but are not as profitable as the smaller ones due to the competitive edge that many companies have to compete in to hold these loyal account holders. The smaller accounts can be walk ins, one time deliveries, or companies that only order once in a while. Both customer categories are a source of revenue and must be kept satisfied to stay in top ranks, and by delivering on time and having competitive prices they shall be kept satisfied.
Situation Analysis Five Force: The force of Supplier is powerful, they sell raw materials at a high price to capture some of the industry's profits. The force of customer is powerful, too. Our auto-producing customers have the erratic production schedules. The competitive also struggling with earn decrease and production decrease. The threat of the substitution and new entry are weak.
The economy is considered to be very unstable at the current time, and it is the duty of the United States government to do everything in their power to once again stabilize the once booming economy for the sake of the entire country and its citizens. Current Unemployment Rate Currently unemployment rates in the United Sates are a less than desirable 7.9%. Although, this number has decreased by 2.1% from its peak in recent years, it is still believed that there is a long way to go. Prior to the recession unemployment rates fluctuated between 4% and 6% (www.bls.gov, 2012). This increase in the unemployment rate is having considerable impacts on the economy.
Driving cars, heating buildings, producing electricity, people all need gas. Therefore, gas is directly related to people’s normal life and the global economy. Recently, the Middle East political and economic situation has been deteriorating which has led to the continuous hikes of gas prices. The oil price, the volatile situation in Libya and rumblings in Saudi Arabia are being blamed for spiking gas prices. The political turmoil sweeping across countries like Egypt, Libya, Bahrain, and Tunisia have resulted in rising oil and gasoline prices, increased inflation, devalued currencies, and diminishing stock values.
Prices in gas have changed how much food cost since the transportation of these goods needs gas. This rising tide has also sent the price of rubber and plastic product soaring. Yet, the biggest problem due to these prices is car sales. Transportation of food in America is mainly by semi-trucks or trains. With the cost of diesel gas almost breaking five and a half dollars per gallon, many companies cannot afford to transport their product.
So as a result of their oil being sold in bulk, their economy becomes unbalanced and the population is split into two very different types of people. This is the effect of the Dependency theory, where more powerful countries exploit the poorer ones and keep them underdeveloped so they can keep on doing it. The next theory is the World systems theory, which differs from the Dependency theory as it lacks the rigidity, suggesting that countries do not stay