Progect Essay Example | Topics and Well Written Essays - 500 words

Progect - Essay Example Forecasting economic forces is one of the major challenges for many organizations. Some of the market forces include changes in the inflation rate and economic recesses. Currently, the economic system is stable and the country is not experiencing economic changes. Our product is expected to make maximum sales in these economic times (Beckwith 14) Social forces are also great determinants of the success of any business operation. Social issues are directly related to the customers, who are the end receivers of the product. Some of the social forces include the beliefs, cultures, customs and traditions of people. Our product is targeting sports men and women in the university. Most of the students are multicultural and our product has considered this, coming up with a product that is sugar free (Beckwith 18). For any organization to succeed in the contemporary market environment, then it should consider the technological issue. Our company has adopted computer technology in coming up with our budget and other strategic plans. Apart from technological, legal factors are also very import6ant because they determine the marketability of a product (Beckwith 19). Our company has however fulfilled all the legal requirements, which include search for an operating license and paying the required legal fee to the required councils. Our target customers in this case are university sportsmen and women. According to Beckwith (22), all the stakeholders in any business environment are affected by these macro-environmental forces. An increase in the government tax will definitely force us to increase our prices. This will later on affect the consumers. Social factors might also affect our customers because we have only decided to produce sugar free drinks and there those sportsmen and women who prefer drinks full of sugar. By employing technology in our company, will effectively create a competitive advantage that will make us relevant on the market. According to Beckwith

Proposed Keystone XL Pipeline from Canada to Gulf Coast Research Paper

Proposed Keystone XL Pipeline from Canada to Gulf Coast - Research Paper Example It summarizes key arguments for and against the pipeline presented by the pipeline’s developers, federal agencies, environmental groups, including other stakeholders’. Finally, this report points out the reasons why the remainder of this project has not been approved and how politics has influenced this approval. How likely the project is to be approved after the just concluded November U S presidential election? The Keystone Pipeline is a project designed for transportation of synthetic crude oil from North Alberta’s oil field in Canada, to various destinations in Texas US. The Keystone XL extension of this pipeline was proposed in 2008. In September 2009, the hearings started, with the extension project being approved on March 11, 2010 by the Canadian National Energy Board. However, the issue became politicized and has faced several lawsuits and rigorous criticism from citizens and environmentalists groups. The development of the pipeline came to a standstill in November 2011 as an ultimate decision was postponed into 2013. The pipeline is owned by TransCanada Pipeline- a Canadian energy company. Founded in 1951 in Calgary, the company is a leading North American energy company developing and operating energy infrastructure in North America. It has a pipeline network of approximately 59000km. TransCanada signed contracts with Bakken oil producers to carry oil from the keystone region through the keystone pipeline. This project would be operational by 2013 if the Keystone XL Pipeline received regulatory approvals. The project seeks to double the capacity of the initial keystone pipeline system by connecting it with the US gulf coast. This will make possible the delivery of an estimated 1.1 million barrels of Canadian crude oil to the US market daily (http://stateimpact.npr.org). The proposed route would start from Hardisty, Canada and connect to the existing network in Steele city, Nebraska until Cushing, Oklahoma,