BUS 482 Study Guide - Midterm Guide: Geotechnical Engineering, Hydrogeology, Soil Mechanics

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 482
• Professor: Jim Utley

Document Summary

Improved demand for enviro. consulting over past decade b/c rising concerns over climate change and enviro. damage. Offers services to clients worldwide in oil/gas, power, and transportation. Based in vancouver with other locations in north america. Work opportunities/skills required similar (technical writing, field mapping, soil mechanics, hydrogeology, geotechnical engineering, etc. ) Low barriers of entry + high profit margins = increasing competition because it"s in the growth stage need to focus on reputation, breadth of services, level of specialization. Enviro consulting industry expected to grow annualized 4. 1% over next 5 years (2022) In growth stage of economic life cycle (commodity prices rebounding from past 5 years and enviro. consciousness increasing) Industry employment forecasted to grow annualized 3. 8% over next 5 yrs. Corporate profit to increase (businesses more $ to invest = higher demand for consulting) Company is thriving and expected to grow 15-20% this year (more opportunity for employee career development and new projects)