External and Internal Environments Essay Example | Topics and Well Written Essays - 2000 words - 1

External and Internal Environments - Essay Example..6 i. Competitive contestation..6 ii. Power of Suppliers7 Recommendations for the Forces of Competition7 External Threats8 Strengths and Weaknesses9 Resources, capabilities and core competences.10 Bibliography..13 Background reading Waste Management internalization is one of the largest waste presidential term firms in the fall in States and the world. This family has some subsidiaries in different countries across the world. Arguably, this company serves more than 2.5 million organizations and 26 million residents in Canada and the get together States. This company has segmented its geographic milieu into five regions, which include the Southern, Eastern, Western and Midwestern United States and Canada. The company recycles the waste products and also uses it to generate energy (Waste Management, 2012). The company provides waste gathering, transportation, and reprocessing and disposal services. Waste Management incorporatio n carries on its activities as the world leader in waste management that range from medical and straight waste to extremely poisonous chemical waste. This organization has in the past been experiencing growth and increase in stock prices at healthy rates (Waste Management, 2012). The General Environment A firms environment consists of aspects that the firm can readily specify as well as aspects that are distant from its influence (Hitt et al, 2011). The general environment relies on the external environment of business. The general environment consists of factors that have dramatic effects on firm strategy. In essence, organizations have little capacity to forecast trends and events in the general environment and even less capacity to control them (Longenecker, 2005). The general environment consists of the demographic segment, technological segment, political and lawful segment, environmental segment, and the social factors segment. Waste Management Incorporation operations ha ve been profoundly influenced by the political and legal environment and the economical environment (Waste Management, 2012). i. Political and legal Environment The political environment of galore(postnominal) nations directly influences the operations of Waste Management Incorporation. Since this company disposes waste that drift from normal consumer refuse to virulent industrial waste, drafting and implementation of new legislations concerning the industry can have a severe economic effect on the organizations outcome. The United States government has implemented laws and regulations that influence this company (Waste Management, 2012). The United States government has enacted many public, occupational and environmental health and safety associated acts that have impacts on waste disposal industry in the nation. The Solid Waste Disposal Act together with Resource Conservation and convalescence Act of 1976 are acts which transformed the industry of Waste Management Incorporatio n to the present state. Many organizations had to switch and adapt to the new guidelines (Waste Management, 2012). In addition, the management of perilous waste was stipulated in Comprehensive