The Waste Management Problems of WMX Technologies
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This paper discusses corporate ethics, particularly in the case of WMX Technologies Inc. The paper examines some of the key problems, as well as other ancillary problems which, like the domino effect, caused the world's largest waste hauling company to suffer the indignities of federal probes. The paper looks specifically at the six major problems that have put WMX into the federal spotlight.
From the Paper:"Of course, the main project for a waste disposal company has to be control of, and a large enough number, of landfill properties. Nevertheless, merely having the acreage is not enough, since waste creates a certain amount of pollution which requires very careful oversight and control, in order not to create hazardous conditions in and around the landfills. Buntrock (and no doubt some of his other executives) simply ignored zoning in many landfill locations, probably figuring no one would ever check up.
"From his financial manipulations to the unexpected poor performance of some of the subsidiaries (Chemical Waste Management, for one) shareholders have lost some $7 billion despite the current bull market."
Sample of Sources Used:
- Chakravarti, Subrata: "Dean Buntrock's Green Machine" Forbes (Aug 8, 1993) Vol. 152, Issue 23.
- Kaplan, Robert: "How to Implement a New Strategy Without Disrupting Your Organization" Harvard Business Review, Vol 84, issue 3 (2006)
- Kinsley, M. (2004) "In Defense of Excess" TIME Magazine, vol. 163, no. 11, March 15, 2004 p 67.
Cite this Case Study:
The Waste Management Problems of WMX Technologies (2010, April 12) Retrieved November 21, 2019, from https://www.academon.com/case-study/the-waste-management-problems-of-wmx-technologies-119233/
"The Waste Management Problems of WMX Technologies" 12 April 2010. Web. 21 November. 2019. <https://www.academon.com/case-study/the-waste-management-problems-of-wmx-technologies-119233/>