Organizational Behavior Essay Example | Topics and Well Written Essays - 3750 words

Organizational Behavior - Essay Example After the WWII, recycling was influenced by economic reasons and some countries continued to establish conservation programs, but recycling was not so popular within the United States. Landfills became a cheap way to dispose of trash and recycling efforts was not the main focus. It was not until the 1960’s that recycling and environmental awareness was public concern. By the 1970’s recycling was popular again and drop-off recycling centers were established (http://www.all-recycling-facts.com/history-of-recycling.html ) . The city of Woodbury, New Jersey was the first city to mandate recycling in the United States and soon after many towns and cities followed. â€Å"Recycling† trailers were towed behind waste management vehicles during trash collection routes. It was not till the late 1980’s and 1990’s that curbside collection was introduced. ... In the 1980s, Waste Management acquired Service Corporation of America (SCA) to become the largest waste hauler in the country.† As of 2010, Waste Management employs 45,000 employees that are dedicated to improving the environment and reported $12.52 billion in revenue. The business of collecting trash and disposing of it has evolved to a billion dollar business and all the problems that come with it. In 1993, Los Angeles Times wrote a article â€Å"Landfill Pact is Appalling† (http://articles.latimes.com/keyword/waste-management-inc) informed the public of the proposed contract between Waste Management, Inc and Weldon Canyon landfill and once the press heard of such a develop, it announced the high profit Waste Management would gain for such a contact. â€Å"Ventura Regional Sanitation District are appalled at the proposal that Waste Management Inc. be permitted a report 35% profit or over $156 million over the life of the contract. Adding insult to injury, the landown er will receive another $5.63 per ton, or over $67 million for renting out his goat pasture. Combined, these figures represent nearly 50%--$224 million--going directly into the pockets of Waste Management Inc. and the landowner.† (Landfill Pact is appalling, 1993). The stock price for Waste Management, Inc raised steadily in 2004, in the article â€Å"3 reasons to avoid Waste Management†, the country needs garbage service that is not question. Is the stock strong enough to profit from it success? On the surface, the company’s future remains positive. â€Å"The current dividend yield is 4.3%. A competing investment alternative, the 10 year Treasury Bond, yields 2.06%.† Waste Management reported an increase in revenue from $3.24 billion in 2010 to $2.52 billion in 2011. †Waste