VeraSun Energy Research Paper Example | Topics and Well Written Essays - 1000 words

VeraSun Energy - Research Paper Example In order to produce biodiesel from dried distillers grains, VeraSun energy has begun some units in Aurora and South Dakota recently. The major biodiesel product of VeraSun energy is E85, a blend of 85 percent ethanol and 15 percent gasoline for use in Flexible fuel vehicles (FFVs). E 85 is marketed under the trade name VE 85. The company has around 150 VE85 retail locations fifteen American states. VeraSun energy company holds many â€Å"industry firsts† in its category such as: the first 100 million-gallon-per-year dry-grind production facility, the countrys first branded E85, VE85 ®; the first ethanol producer to form strategic alliances with Ford Motor Company, General Motors, and Enterprise Rent-A-Car to increase awareness and availability of E85, and the first company to place an E85 retail station in the Washington D.C. metro area etc (VeraSun Energy). Even though at the beginning, VeraSun Energy created lot of waves in the energy market, currently it is facing many challenges. In fact it is struggling for survival now. This paper briefly analyses the challenges faced by VeraSun Energy and possible solutions to overcome these challenges. Steil (2008) has mentioned that â€Å"VeraSun Energy has filed for bankruptcy. Its the latest in a series of problems for ethanol producers, whove had to deal with huge swings in corn costs and falling ethanol prices†(Steil). Because of the global recession, the company has faced many challenges in 2008. The demand for its product has come down drastically whereas the prices of the raw materials increased a lot. Corn is the major raw material used by VeraSun Energy to produce bio fuels. The fluctuations in corn prices caused big problems to VeraSun Energy. The company placed bets in heavy amounts on rising prices of corn. But because of the unexpected recession, the corn prices have fallen down and the company faced many challenges. Because of

Strategic thinking and making holistic and linear approach may assist Assignment

Strategic thinking and making holistic and linear approach may assist longevity of organisation - Assignment Example A system is defined as an organised, unit which is wholly composed of two or even more interdependent components, subsystems which are delineated by environment identifiable bodies. Eg Mountain systems, river systems etc. The mission defines the organisations reasons for its existence. Goals are the functional divisions or general purposes of an organisation which are specific for the stakeholders as well as the client base of the company, Objectives are the measurable specific outcomes related to goals. Behaviour is defined as the ordinary task and productivity of the employees. Management control systems are composed of all organizational structure, processes, and subsystems which are designed to elicit the behavior that achieves the strategic objectives of an organization at the highest level of performance having the least amount of unintended consequences and risks to the concerned organization. Management control is all about achieving strategic objectives which must be achieved at superior levels of performance while minimizing chances of unintended consequence. Processes form the activities that ensure that the quality controls are accomplished. Subsystems provide the right incentives which are required to shape the behavior. The most important feature in open systems is that of communication. Communication serves as the vital link between the different processes and the internal as well as the external environment. Hence managers must pay stress on communication while devising strategies for their companies. This is important as absence of communication would render an organization to the closed state in which the organization would cease to exist. The managers should also lay stress on internal communication as well as external communication. Internal communication refers to the communication between the employees in the organization. The strategists should ensure that there is a good