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Running head: GREAT LAKES: GREAT DECISIONS groovy Lakes: peachy Decision The outside Environment great Lakes: Great Decisions The External Environment The goal of this paper is to provide an analysis of the remote environment of Great Lakes Chemical Corporation. In the general environment analysis allow for describe how the main segments affect this corporation, then, it will determine which forces atomic number 18 driving the business. Following with the competitive analysis and will argue with the capabilities that Great Lakes has to stay successful. As background information, It is important to enjoy some important facts about the case, the book the following milestones: Great Lakes Corp. was originally founded in the 1930s as a bollocks up exploration company. It was originally called McClanahan Oil Company. [..] The company spent a lot of time developing and producing chemicals used for water treatment, plate cleaners, flame retardants, fire suppressants, and performance.   This was the companys main base of revenue until they acquired a company named Octel Associates in 1989.[…] By the 21s century, lead gasoline was banned in some developed countries. Negative side effects were beginning to transport much attention to the company. [...

] By 1994 59% of Great Lakes Operating profit (OP) was secured from Octel. This was a large problem because everywhere half of their OP was coming from an area that was becoming an environmental, socioeconomic issue.  (Mead, Wicks, & Werhane, 2011, p. 156) External Factors in the General Environment As one of the three external factors that include, general, Industry and Competitor environment, the General Environment is composed of dimensions in the broader society that influence an industry and the firms in it (Hitt, Ireland, & Hoskisson, 2011, p. 37). The book groups these dimensions into septet environmental segments that will be addressed taking in consideration how Great Lakes will be affected point or indirectly by... If you want to get a full phase of the moon essay, order it on our website: Orderessay

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