Sale And Recreational Consumption Of Cannabis In The City Of Calgary Writing Sample

Executive Summary

The newly legalized use of cannabis in Calgary has sparked a flurry of analysis and debate surrounding the regulatory framework and practical implementation of the laws. This article aims to provide insightful suggestions based on a comprehensive examination of the current legislative instruments and their effectiveness in other cities. This paper will propose innovative policy ideas to improve the situation by discussing the various stakeholders impacted by the new laws and analyzing best and worst practices from other cities. The recommendations will be informed by extensive research and examples of successful practices from other cities. Key areas of focus include fiscal policy, public awareness, and legislative action, with the goal of ensuring optimal outcomes for all involved parties.

In terms of taxation, this paper is poised to recommend an increase in taxes on the sale of recreational cannabis while simultaneously introducing tax exemptions for its medicinal use. Public awareness campaigns should prioritize education on regulatory matters and the potential negative health consequences of using cannabis recreationally. Additionally, changes to existing laws are necessary to address concerns about public use and driving while under the influence. The practicality of these suggestions will be evaluated, and any possible adverse effects will be thoroughly discussed. This paper will provide a comprehensive overview of the new legislation and its implications for Calgary, as well as propose effective policy measures for implementing the new regulations.

Introduction

The crux of this piece revolves around the recent regulations that have authorized the commercial vending and leisurely consumption of cannabis in Calgary, Canada. Cannabis, a mind-altering opiate procured from the Cannabis plant, commonly referred to as marijuana or weed, has a rich history of employment for medicinal, divine, and recreational motives. Nevertheless, its utilization has been stringently proscribed due to the plausible jeopardy to the health and potential legal consequences. In contemporary times, there has been a sweeping global initiative towards the decriminalization of cannabis for both medicinal and leisurely objectives. In 2021, almost 40 nations have granted legal authorization for the therapeutic usage of cannabis, with 18 countries and numerous American localities having legitimized the non-medical employment of cannabis. The resultant effect is that the market for cannabis-based commodities is flourishing, with a projected estimation of the global lawful cannabis industry worth $21.5 billion in 2020 and forecasted to soar to $90.4 billion by 2026 (Doherty,2018).

Cannabis became legal for recreational use in Canada in October 2018 after the adoption of the Cannabis Act. Anyone over the age of 18 may possess, buy, and use cannabis under specified conditions under this regulation (Doherty, 2018). Since then, some Canadian communities, like Calgary, have enacted their cannabis sale and use restrictions. With a population of over 1.3 million, Calgary is the biggest city in Alberta, Canada (Doherty, 2018). The city’s economy is varied, with businesses like energy, banking, and technology fueling its expansion. Cannabis legalization has spawned a new economy in the city, with multiple cannabis merchants and manufacturers setting up the business.

Cannabis legalization in Calgary is a significant topic for various reasons. For starters, it constitutes a substantial change in drug policy, with implications for public health, safety, and social norms. Second, it opens up new economic prospects for entrepreneurs and investors while posing regulatory, tax, and market competitiveness issues. Lastly, it raises concerns about the government’s role in regulating drug usage, as well as the balance between personal freedom and public interest. This study seeks to give a critical overview of the problems surrounding cannabis legalization in Calgary from multiple perspectives (Hughes, 2018). It will identify the many stakeholders engaged in this problem, such as customers, retailers, producers, regulators, and community organizations, and examine how these changes are affecting them. It will also use research and best practices from other communities to generate policy suggestions that might help Calgary. This study seeks to add to the current discussion on cannabis legalization and its influence on society by doing so.

Literature Review

The Issue in General

The perplexing and contentious issue of cannabis legalization for recreational purposes has garnered global attention. Opposing views suggest that it may result in amplified consumption, addiction, and adverse health ramifications, while proponents argue that it could diminish crime, increase tax earnings, and aid medicinal patients. The legal framework surrounding cannabis has undergone swift transformations in recent times, with multiple countries and states authorizing its utilization for both recreational and medicinal purposes. Canada has notably taken the lead in this regard, as demonstrated by the Cannabis Act’s endorsement in 2018 (Hughes, 2018).

Relevant Description of Calgary

Calgary, the most populous city in the Canadian province of Alberta, boasts a heterogeneous economy, with robust sectors in energy, finance, and technology propelling its expansion. The legalization of cannabis in 2018 has spawned numerous retailers and producers of the plant in the city, ushering in fresh avenues for economic growth. However, this development has engendered anxieties about how to regulate, tax, and ensure public safety surrounding the cannabis industry.

Stakeholders and Their Needs

The multifaceted impact of cannabis legalization in Calgary has given rise to a plethora of stakeholders with intricate and diverse demands and interests. Among these stakeholders are cannabis consumers seeking affordable and secure product access, cannabis producers and retailers aspiring to an unbiased and equitable regulatory system, community groups striving to alleviate potential public health and safety harms, and government officials attempting to reconcile individual liberties with the common good (Hughes, 2018).

Government Bodies Responsible for Policy

The legal framework for cannabis in Canada is established by the federal government, with the onus of implementation and enforcement of regulations delegated to the individual provinces and territories. In the province of Alberta, the Alberta Gaming, Liquor, and Cannabis Commission (AGLC) functions as the regulatory body entrusted with the oversight of cannabis distribution and sale.

Existing Policy

The Cannabis Act and associated regulations serve as the policy foundation for the legalization of cannabis in Calgary. The possession, purchase, and use of cannabis are governed by these laws, as well as the licensing and oversight of cannabis growers and merchants. The AGLC has also set rules for cannabis sellers, including those regarding container specifications, product testing, and age verification.

However, there are concerns around the implementation and enforcement of these regulations, particularly around issues such as impaired driving, public consumption, and underage access. Some stakeholders have called for stricter regulations and enforcement mechanisms, while others have argued for a more laissez-faire approach to regulation.

Tools and Implementation of Cannabis Legalization in Calgary

The City of Calgary has made certain moves to guarantee thorough implementation in light of the legalization of recreational marijuana. Significantly, the city formed a Cannabis Task Group to provide recommendations on rules, set the legal age to purchase cannabis at 18, and imposed licensing requirements on cannabis stores (Murphy, 2018). The city’s enforcement plan prioritizes responsible consumption and adherence to applicable regulations by retailers. Furthermore, the city’s extensive regulations on where cannabis can be consumed and the requirement for each licensee to provide at least one non-smoking area exemplify the city’s prudent approach.

Best/Worst Practices from Other Places

Jurisdictions with the initial legalization of recreational cannabis provide several effective practices that can be replicated. These practices involve devising an all-inclusive regulatory framework by engaging diverse stakeholders, such as industry players and public health professionals, to guarantee the efficacy of the rules. In addition, enforcing the regulations with strict penalties for violators, educating the public on the advantages and pitfalls of consuming cannabis, ensuring the regulations’ accessibility with transparent language and precise instructions, and extending cannabis accessibility to individuals with medical needs are equally critical for successful implementation.

Oppositely, when evaluating the least effective measures from other regions, it becomes apparent that certain pitfalls must be evaded. These comprise an inadequate handling of youth access, excessively restrictive regulations on the cannabis industry, and an overzealous taxation scheme. Furthermore, ensuring enforceability of regulations while representing all stakeholders is equally vital.

Policy Recommendations

The regulatory oversight of recreational cannabis in Calgary is entrusted to a particular governmental entity known as the Alberta Gaming and Liquor Commission (AGLC) (Murphy, 2018). The AGLC assumes the primary responsibility for executing the Cannabis Act and its attendant provisions, which include licensing conditions, regulatory compliance monitoring, and revenue collection via taxation. As such, the following policy recommendations are proposed:

  • Establish a comprehensive regulatory framework that includes youth access, taxation, enforcement, and public education provisions.
  • Work with all stakeholders, including industry representatives and public health professionals, to ensure that the regulations are effective.
  • Ensure that all regulations are enforced, with penalties for non-compliance.
  • Educate the public about the risks and benefits of cannabis consumption.
  • Provide access to cannabis for those with medical needs.
  • Adopt best practices from other jurisdictions, such as establishing a comprehensive regulatory framework and working with all stakeholders.
  • Avoid the worst practices from other jurisdictions, such as over-regulation of the cannabis industry and an overly restrictive approach to taxation.

Considering that the AGLC bears the mandate to oversee the regulation of recreational cannabis in Calgary and wields the authority to establish licensing conditions, enforce regulatory compliance, and facilitate public education regarding the advantages and disadvantages of cannabis use, it is both competent and authorized to implement these proposed policy recommendations.

Taxation

Of noteworthy import for the city of Calgary is the taxation scheme applicable to recreational cannabis. A steep taxation rate levied on the product could potentially translate to elevated market prices, thereby dampening consumer demand and concomitantly reducing revenue streams for the city. It is thus incumbent upon the city to deliberate on establishing an optimal tax rate that balances its fiscal goals with the promotion of competitive prices to entice buyers.

Public Awareness Campaigns

An additional salient factor to be taken into account is the need for public education and awareness regarding recreational cannabis. It is crucial to ensure that the general populace is well-informed about the potential advantages and drawbacks entailed in recreational cannabis use to facilitate responsible and regulated consumption. To this end, the city of Calgary may contemplate instigating a targeted public awareness campaign to enlighten citizens on the existing regulations governing the sale and consumption of recreational cannabis, as well as its associated risks and benefits, as opined by Murphy (2018).

Removing/Introducing Legislation

Furthermore, the city of Calgary could contemplate the option of either enacting or rescinding legislation pertinent to recreational cannabis. Such measures could encompass the elimination of limitations on the number of cannabis stores or the institution of regulatory guidelines governing the advertising of recreational cannabis products.

Feasibility of Recommendations

The feasibility of implementing these recommendations should also be considered. The city should consider the cost of launching public awareness campaigns, as well as the cost of introducing or removing legislation. In addition, the city should consider the need to fund additional enforcement and regulation of recreational cannabis.

Negative Implications

The multifaceted impact of recreational cannabis on Calgary’s society and economy remains uncertain. While it may generate substantial economic gains and promote social welfare, it could also trigger unforeseen negative consequences. Cannabis-related crimes and incidents of driving under its influence could rise, creating challenges for certain stakeholders. Hence, it is imperative for the city to proactively address and mitigate these concerns before they escalate.

Conclusion

To conclude, the legalization of cannabis sales and recreational consumption in Calgary has created a novel avenue of business and opportunity for entrepreneurs, businesses, and the city itself. Legal sales have already engendered an uptick in economic activity and private investment, with the potential for enduring success and growth. Additionally, these new laws showcase the city’s adaptability to shifting social norms, proffering consumers a secure and regulated substitute for purchasing cannabis. As legislation continues to progress and dispensaries proliferate, the effects of recreational cannabis sales and consumption on the city, its economy, and its culture are likely to be intriguing.

References

Doherty, B. (2018, October 16). The Definitive Guide to Recreational Cannabis Use in Calgary. thestar.com. Retrieved March 11, 2023, from https://www.thestar.com/news/cannabis/2018/10/16/the-definitive-guide-to-recreational-cannabis-use-in-calgary.html

Hughes, T. (2018, October 17). How to buy legal marijuana in Canada by mail or in person. cbs19.tv. Retrieved March 11, 2023, from https://www.cbs19.tv/article/news/nation-world/how-to-buy-legal-marijuana-in-canada-by-mail-or-in-person/507-605047961

Murphy, J. (2018, October 17). Cannabis in Canada: Who wins and who loses under New Law. BBC News. Retrieved March 11, 2023, from https://www.bbc.com/news/world-us-canada-45674260

Comparing Flag Football To Tackle Football As A Preferable Children’s Sport Free Sample

While parents have many choices, flag and tackle football imparted alternatives and unique concepts for children to enjoy. In flag football and tackle football, the latter presents a rough-and-tumble style that becomes ingrained in American sporting culture and contributes to a heightened player experience. Flag football has amassed followers and piqued the curiosity of families because of its inclusive play, less aggression, and safety procedures to ensure extensive learning and fun for all ages (Sarmiento & Waltzman, 2021). Tackle football presents physical and health risks to all ages compared to flag football because of the aggressive plays. However, tackling allows for the advancement of strength, agility, and endurance in which players should be permitted to engage if adequately managed, taught, and equipped. Flag football is an alternative to eliminate the likelihood of injury and mortality rate among players. The paper explores flag football as a developmentally appropriate, safe, and engaging alternative sport for all age groups.

Literature Review

The growing debate between flag football and tackle football continues to expand as fans and experts contribute to various arguments and points of view. Each sport has pros and cons, as ball sports are considered highly physical and taxing to the body. According to Ainsworth & Sallis (2022), there is also an issue regarding choosing to opt for other team sports, such as basketball and volleyball, as the level of play is more moderate than the former. The literature review explores various research works and pertinent data about the benefits of playing flag football and tackles football, in which emphasis would be given to the characteristics. Through the gathered data, the literature review provided enlightenment and expanded knowledge about the pros and cons of the two sports. Furthermore, the study facilitates making informed and sound choices regarding suitability. For instance, CDC’s data affirms flag football is a good alternative for children to pursue a physical sport with fewer head collisions and severe impact.

Flag Football

Flag football’s approach, technique, and level of play provide appropriateness and stability for everyone to partake. Flag football lays the foundation to acquire simple to complex skills, football tactics, and safety procedures to eliminate the risks brought about by tackle football. According to the Aspen Institute (2018), the future of football pertains to a shift toward flag football being utilized in various school settings and levels. The Aspen Institute (2018) highlighted that flag football creates a feeder system in which coaches and organizations could conduct talent identification systems for scouting and acceptance in competitive football programs. Flag football provides necessary skills and discipline among participants that they could utilize in other sports. Moreover, various research works pinpointed flag football as an emerging discipline that should be normalized in high school environments to sustain objectives and acquire healthy standards. Despite the merits that come along with flag football, it has potential physical hazards.

Flag football is a potential hazard to youthful adults and kids because of the significant injury rate. The age of ten years has been recognized as the median age when most of these accidents arise due to these children’s lacking abilities and experience (Ogundele, 2018). According to Sarmiento et al. (2021), flag football players had an overall average of 0.4 head hits throughout training and 0.8 hits throughout a match, leading in twice as many 10g head impacts in matches like in sessions. Nevertheless, tackle football has strict restrictions preventing excessive hitting in practice compared to flag football. As a result, the chance of tackling accidents has fallen dramatically since youth coaching staff nationwide are much more acquainted with safety regulations. At the onset, the coaches train the players on safety precautions and undergo thorough training to prevent possible injuries. Youngsters that play tackle football would acquire numerous valuable lessons from the activity, such as responsibility, assertiveness, and collaboration, at a higher degree than any other sport.

References

Ainsworth, B. E., & Sallis, J. F. (2022). The Beijing 2022 Winter Olympics: An opportunity to promote physical activity and winter sports in Chinese youth. Journal of Sport and Health Science11(1), 3. Doi: 10.1016/j.jshs.2021.09.005

can be “extremely ugly.” Insider. https://www.insider.com/damar-hamlin-collapse-

CDC. (2021, May 19). Comparing Head Impacts in Youth Tackle and Flag Football.

content/uploads/2018/09/FINAL-Future-of-Football-Paper.3.pdf

e0273229. https://doi.org/10.1371/journal.pone.0273229

football-dangerous-nfl-concussions-injuries-2023-1

https://www.cdc.gov/traumaticbraininjury/pubs/youth_football_head_impacts.html#

Ogundele, M. O. (2018). Behavioral and emotional disorders in childhood: A brief overview for pediatricians. World Journal of clinical pediatrics7(1), 9. Doi: 10.5409/wjcp.v7.i1.9

PLAYING FOOTBALL UNTIL HIGH SCHOOL? https://www.aspeninstitute.org/wp-

Sarmiento, K., & Waltzman, D. (2021). American football: watch your head! Frontiers for young minds9, 10–3389. http://dx.doi.org/10.3389/frym.2021.652519

The Aspen Institute. (2018). What if … FLAG BECOMES THE STANDARD WAY OF

U.S. adults’ willingness to allow teenagers to play tackle football. PLOS ONE, 17(9),

Strategic Management: Creating Competitive Advantages Sample College Essay

Introduction

Waste Management Inc. recycles and manages the waste in the US and Canada. It offers dumping, recycling, and environmental services. This essay answers three company questions. First, it will critically evaluate the recycling industry’s essential variables and dynamics that affect the chosen company’s strategy. Second, it will assess the company’s resources, capabilities, and core competencies to compete within its boundary and maintain a competitive advantage. Finally, it will critically examine the chosen company’s Corporate and Business-Level initiatives to address recycling locally and worldwide.

Question 1

PESTEL Analysis

The PESTEL framework is essential for analyzing external macro-environmental elements that affect a business. Political, economic, societal, technical, environmental, and legal concerns are analyzed. Waste Management Inc. must comply with federal, state, and local recycling rules. The company must follow a waste collection, transportation, and disposal laws (Fatema, 2023). These restrictions affect the company’s operations, and noncompliance can result in large fines. Thus, Waste Management Inc. must consider politics. Recycling industry economics are also important. GDP, inflation, and unemployment affect the industry. Waste management firms collect and treat less waste during economic downturns as companies and families cut waste production.

Sociocultural factors also have a significant impact on the recycling industry. Recycling has become an increasingly popular concept in recent years, and many households and businesses are now more environmentally conscious. This has increased the demand for recycling services and shifted consumer behavior towards sustainable waste management practices. Technological factors are also critical in waste management (Fatema, 2023). The industry is heavily reliant on technology, and technological advancements have significantly impacted the industry. Adopting advanced technology has allowed companies to improve efficiency and reduce costs, leading to higher profitability.

Environmental factors are essential to the recycling industry, and companies must implement sustainable practices to remain competitive. Waste Management Inc. has taken various initiatives to reduce its environmental impact, such as investing in renewable energy and reducing greenhouse gas emissions (Rosengren, 2020). Lastly, legal factors are also a critical consideration for Waste Management Inc. The company must comply with various laws and regulations at the federal, state, and local levels, including environmental laws like the Clean Air Act, Clean Water Act, and Resource Conservation and Recovery Act.

Porter’s Five Forces Analysis

Porter’s Five Forces analysis is a valuable tool for analyzing the industrial competition. The five key forces in the framework are new entrants, supplier negotiating power, buyer bargaining power, replacement products or services, and competitive rivalry. We’ll analyze how these forces affect Waste Management Inc.’s recycling strategy. First, new recycling companies are unlikely. The industry is highly regulated, making entry difficult. Waste Management Inc. has a large market share, making it hard for newcomers to compete. It dominates the business with a massive network of waste management, dumping, and recycling facilities across North America. This has given the organization a competitive edge by building brand recognition and client loyalty. New players also need to overcome substantial barriers to entry in the waste management industry. Waste Management’s 260 active landfills give it a competitive advantage over smaller competitors that cannot afford the same capital expenditure (Louko, 2022). Landfill construction can cost up to $800,000 per acre. New entrants must also comply with complicated environmental standards and get permits before starting operations. Its pricing power has sustained its profits. Market dominance and wide variety of waste management services give the corporation pricing leverage. Waste Management’s pricing power has kept revenues and profits consistent during economic downturns.

Business analysis requires the PESTEL framework. Politics, economics, society, technology, environment, and law are examined. Waste Management must follow federal, state, and municipal recycling laws. The company must obey garbage collection, transportation, and disposal laws (Louko, 2022). Noncompliance can result in hefty fines and harm the company’s operations. Waste Management Inc. must consider politics. Recycling industry economics matter. GDP, inflation, and unemployment affect the industry. Companies and households produce less garbage during recessions; therefore, waste management organizations collect and process less.

Actions to Keep Competitive Advantage

To keep its competitive advantage, Waste Management Inc. can take several actions. One of the most critical factors is innovation. The company should continue to innovate and invest in new technologies to improve the recycling process and reduce costs. It can also invest in renewable energy sources and use them in its operations, reducing its carbon footprint and improving its image as a sustainable and responsible company (Rosengren, 2020). Another action that Waste Management Inc. can take is to focus on customer satisfaction. It can invest in customer service and provide high-quality services that meet the needs of its customers. This can help the company retain and attract new customers, giving it an edge over its competitors.

The company can also build strong relationships with its suppliers and partners. By working closely with suppliers and partners, Waste Management Inc. can ensure a steady supply of high-quality raw materials and reduce costs. It can also leverage its partnerships to expand its operations and enter new markets. Moreover, Waste Management Inc. can diversify its services and enter new markets. The company can expand its revenue streams and reduce its reliance on traditional waste management services by offering a broader range of services, such as waste-to-energy and landfill gas-to-energy services.

Finally, Waste Management Inc. can invest in its employees’ development and training. The company can improve its operations’ efficiency and effectiveness by providing employees with the necessary skills and knowledge. It can also increase employee retention and loyalty, improving customer service and satisfaction. To maintain its competitive advantage, Waste Management Inc. should focus on innovation, customer satisfaction, supplier and partner relationships, diversification, and employee development and training. These actions can help the company improve its operations, reduce costs, and expand its revenue streams, giving it a competitive edge in the recycling industry.

Question 2

Critical Evaluation

Waste Management, Inc. can continue to be successful within its business because it possesses a wide array of resources, capabilities, and core competencies. These qualities have enabled the firm to maintain an advantage over its competitors and keep it at the forefront of the industry. The PESTEL and Porter’s Five Forces analyses that were performed for the first question make it abundantly evident that Waste Management Inc. works in a highly regulated market that presents many challenges to new entrants and has a limited number of opportunities available to it(Evreka, 2022). On the other hand, the company has been able to grow a wide variety of resources, capabilities, and core competencies. These have enabled the company to remain competitive and preserve its advantage over other enterprises. A firm’s resources comprise both the tangible and intangible assets it possesses. Both human and financial resources are considered to be resources. In addition to its financial resources, Waste Management Inc. boasts a plethora of other resources, including its extensive network of buildings, vehicles, and other equipment. Waste Management Inc. has a significant market share, which has allowed it to establish economies of scale and lower its operational expenses, giving it an advantage over its competitors.

Examples of a company’s capabilities include the organizational structure, managerial philosophy, and corporate culture of the business. A company’s capabilities may be defined as its capacity to carry out operations or tasks. Waste Management Inc. can continuously develop new technologies and improve its operations (Evreka, 2022). It is a consequence of its exceptional management team and the culture of innovation that permeates the company. In addition, Waste Management Inc. has made considerable expenditures in research and development, which has assisted the company in maintaining its position at the forefront of innovation within the industry.

Core competencies are a term used to refer to the underlying capabilities and benefits that are unique to an organization. The ability to provide comprehensive solutions for waste management, a focus on environmental stewardship and sustainability, and a reputation as a provider of garbage management services that is recognized and reliable are the primary strengths that Waste Management Inc. holds (Rosengren, 2020). As a component of its overall business strategy, Waste Management Inc. has established and continues cultivating long-term partnerships with its customers. Because of this, the company has been able to amass a loyal customer base and maintain a greater percentage of its existing clientele.

Recommendations

If Waste Management wants to keep its lead over its rivals, it needs to zero in on a few crucial areas and focus its efforts there. The first piece of guidance that can be given to the business is that it should continue to put money into the development of cutting-edge technologies so that it may raise its output level while simultaneously lowering its level of expenditure. For instance, the company may use artificial intelligence and machine learning to enhance its routing and scheduling methods. It would result in a reduction in the quantity of fuel used and an improvement in the quality of service offered to clients.

The second step that has to be taken by the firm is to make certain that they place a significant emphasis on growing the abilities and expertise of their current personnel (Plc, n.d.). This is the second step that needs to be implemented by the organization. This can be accomplished if Waste Management always allows its employees to participate in ongoing training programs and offers them opportunities to advance in their careers. Because of this, the company will be able to maintain its competitive advantage in the market by maintaining workers who are very skilled and have a great deal of experience in their fields.

Thirdly, if Waste Management wants to grow its business, they need to prioritize offering its services in new markets (Dess, 2019). This will allow them to reach more customers. The company can accomplish this objective in one of two ways: establishing strategic alliances with other businesses currently operating in the waste management industry or successfully completing acquisitions. For instance, to expand the availability of its services to other regions, waste Management can choose to purchase more waste management companies that are significantly less important.

Finally, for Waste Management to fulfill the ever-increasing demand for environmentally responsible waste management services, the company ought to concentrate its efforts on strengthening the environmental sustainability of the processes it presently employs (Rosengren, 2020). The company can attain this objective by increasing its financial commitment to developing renewable energy sources and decreasing greenhouse gas emissions. Because it boasts many resources, capabilities, and core competencies, Waste Management Inc. can keep its position as a competitive player in the recycling market. As a result of this, the company can maintain its position.

Question 3

One of the top waste management firms in the world, Waste Management Inc., has several corporate and business-level initiatives designed to address recycling issues locally and worldwide. One of Waste Management Inc.’s main business-level strategies is focusing on sustainability and environmental responsibility. The business has committed to decreasing greenhouse gas emissions by 20% by 2025 and has invested in several renewable energy projects, including constructing landfill gas-to-energy facilities (Rosengren, 2020). Another target set by Waste Management Inc. is to remove 50% of waste from landfills by 2038; as of 2021, they had already reached a 35% diversion rate. These sustainability initiatives address the growing demand from customers and stakeholders for eco-friendly waste management solutions and are consistent with the company’s principles.

The growth of Waste Management Inc. into new markets and services is another corporate-level strategy. By purchasing Advanced Disposal Services for $4.9 billion in 2020, the business added 3 million new clients and strengthened its position in the Eastern United States (Nelson, 2019). To strengthen businesses’ waste reduction and recycling efforts, Waste Management Inc. also provides various commercial services, such as consultancy and data management. The company’s income sources are diversified, and its market share is increased due to these expansions into new markets and services.

At the corporate level, Waste Management Inc. uses several strategies to address the problems with recycling locally and internationally. One of these strategies is using technology to boost productivity and cut costs. Waste Management Inc. uses a range of technology, including its own Route Optimization System, to help streamline waste collection routes and reduce gasoline usage (Evreka, 2022). The Digital Engagement Platform from Waste Management Inc., which enables users to manage their accounts and follow data on waste and recycling online, was also introduced in 2020. These innovations not only increase business productivity but also improve client satisfaction.

Figure 1: The information above shows how the company boosts its price. It increases the prices steadily hence maintaining high profitability and competition.

Focusing on innovation and research and development is another business-level strategy Waste Management Inc uses. The business has contributed to many research initiatives, including creating biodegradable plastics and applying artificial intelligence to better garbage sorting and recycling procedures. For example, waste Management Inc. partnered with Renmatix to create a technology that turns non-recyclable paper waste into low-carbon biofuels. Waste Management Inc. has also worked with other companies to develop novel recycling technologies. Through these creative initiatives, the business can keep one step ahead of the competition and adapt to the changing needs of its stakeholders and customers (Waste Management, 2022). Hence, Waste Management Inc. has put in place a variety of corporate and business-level initiatives to address the problems with recycling on a local and international scale. Their overall strategy must include their efforts to be sustainable, expand into new markets and services, leverage technology to increase productivity and concentrate on innovation and R&D.

Summary

This article discusses Waste Management Inc.’s business environment, resources, capabilities, core competencies, and corporate and company activities to address local and global recycling issues. PESTEL and Porter’s Five Forces assess Waste Management Inc.’s recycling strategy. There is a need to have Economic, social, and cultural improvement. The essay proposes investing in new technologies, partnering with other companies, and competing abroad. The company has modern technology, trained people, and a huge waste processing network. Customers, garbage, and branding are its strengths. The research proposes improving technology and focusing on strengths to compete.

Reference List

Dess, G.G. et al. (2019) Strategic management creating competitive advantages. MCGRAW-HILL US HIGHER ED. Available at: https://www.amazon.com/Strategic-Management-Creating-Competitive-Advantages/dp/1259900452 (Accessed: April 12, 2023)

Fatema (2023) Waste management Inc. Swot & PESTLE ANALYSIS: SWOT & PESTLESWOT & PESTLE.com. Available at: https://www.swotandpestle.com/waste-management-inc/ (Accessed: April 12, 2023).

Louko, J. (2022) 3 things about waste management stock smart investors knowThe Motley Fool. The Motley Fool. Available at: https://www.fool.com/investing/2022/10/22/3-things-about-waste-management-stock-smart-invest/#:~:text=WhyisWasteManagementpositioned,landfillsasofJuly2022. (Accessed: April 12, 2023).

Nelson, M. (2019) Advanced DisposalWaste Management | Business Wire. Available at: https://www.businesswire.com/news/home/20190415005336/en/Waste-Management-to-Acquire-Advanced-Disposal-for-4.9-Billion-Adding-Complementary-Assets-and-Customer-Base-in-the-Eastern-United-States (Accessed: April 12, 2023).

Plc, G.D. (n.d.) Waste Management Inc company profile – overview, GlobalData. Available at: https://www.globaldata.com/company-profile/waste-management-inc/ (Accessed: April 12, 2023).

Rosengren, C. (2020) Waste management updates sustainability plan with 2025 targets focused on climateWaste Dive. Available at: https://www.wastedive.com/news/waste-management-sustainability-esg-2025-climate/586948/ (Accessed: April 12, 2023).

Waste management, inc. – climate change (2022). Available at: https://sustainability.wm.com/downloads/WM_CDP_Climate_Change_Response.pdf (Accessed: April 12, 2023).

Waste management software for Great Route Planning ‘ evreka (2022) Evreka ‘ Waste Management Software for Great Route Planning. Available at: https://evreka.co/blog/waste-management-software-for-great-route-planning/ (Accessed: April 12, 2023).