Contemporary strategic management in global contexts
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Added on  2023/01/11
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A1 poster and 1500 words supporting statement
and the company is Clean Harbors, Inc
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CHANGES COMPANY MIGHT FACE IN COMING YEARS ï‚·Strong waste management: VisionVision of company is to provide premier environmental, energy and industrial services. Company operates in two of the following reporting segments which include environmental services and safety clean which together made up of several businesses. MissionThe mission of clean harbor is to increase their reach and provide safety which is the top priority for company. ObjectivesHealth and safety Customer solution Energy Usage Supply Chain Customers Clean harbor has an interest structure for waste management facilities which cannot be managed or copied by any of its competitors. Till today it serves 47,000 customers which includes more than 325 companies included in 500 Fortune companies. Other than this they also have business with a number of small private entities and federal, state as well as local governmental agencies. All these are major customers for the company. Competitors Major competitors of companyarerepublic services which provides solid waste collection, disposal, energy services etc. which us also stationed at US. Covanta another competition for the company which is a global corporation and provides waste management services. EcoStim energy solution is also an environmentally focused company which provide oil field services and a number of technologies.Another major competitor for the company is Nexeo plastics which was set up in 2019 and is a private company where all others are public. The company helps in distributing a wide range of plastic products. It is mainly concerned with retail distribution in plastic business. It is the major new entrant in this industry and can be a threat for clean harbor as well.
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ï‚·Technological changes: ï‚·Climatic changes: ï‚·Infrastructure changes: Strengths ï‚·Successful track records for developing new products and bringing in innovation. ï‚·Strong community of dealer. ï‚·Automationofactivitiesforqualityof products. ï‚·Good returns on capital Expenditure ï‚·High level of customer satisfaction. Opportunities : ï‚·Look for more customers through online medium. ï‚·Increase in spending by customers. ï‚·A number of new environmental policies. ï‚·New trends in consumer behaviour, Weaknesses:ï‚·Marketingofproductsarenotupto mark. ï‚·New entrants pose a lot of challenges for company. ï‚·The finances of company are not done effectively. ï‚·Lotofexpenditureontrainingand development of employees. Threats: ï‚·Rising level of pay for employees. ï‚·No supply of innovative products regularly. ï‚·Company facing lawsuits in a number of nations ï‚·Shortageoflaborswhoareskilledand experienced. SWOT ANALYSIS
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