...Introduction Coca-Cola is a brand that is in almost every household in the world and some point in time be it an icy cold drink, or one of their other products they strive not only to make profits but to be seen as a leader in diversity. This paper will show you some of the reasons that Coca-Cola has indeed done both make huge profits, and became a leader in diversity by using Globalization, technology, innovation, diversity, and ethics to become one of the largest companies in the world. Internal and external factors, and how they affect the four functions of management (planning, organizing, leading, and controlling). There are several internal and external factors to consider as Coca-Cola continues to produce and achieve its successes and its effects on the functionality of the company. Serving as one of the biggest soft drink manufacturers in the world, Coca-Cola has to consider many factors to continue to be one of the biggest household name brands today. Internal Factors Coca-Cola’s managerial functions are essential to the company’s continued success. The different layers of management must plan the daily production routines and organize the many different new or last-minute tasks for the employees to accomplish. The different layers of management need to have a good sense leadership and control their perspective areas in case of any conflicts, misunderstandings, or hic-ups that may arise from within. Sample situations and techniques to resolve these situations...
Words: 1449 - Pages: 6
...The Coca Cola organization has many different internal and external factors that would affect the four functions of management. Internally, Coca Cola could have a lack of competent employees who could jeopardize the functions. When employees are not up to speed on what the company goals and visions are, this could internally harm the planning, organizing, leading controlling functions. If there is a lack of company funds to back the initial plan or goal, this also would affect the functions. On a more positive note, if company morale remains very high, the four functions are going to flow a lot smoother with everyone on board to achieve the organizations goal or vision. Internally the priorities of the Coca Cola Company will also influence the four functions. If being environmentally safe is at the top of the priority list, then costs to make sure the ink on the products is safe for the environment would not be compromised in the planning process. External factors that could have an effect on the Coca Cola Company could be the environment, or the current economic state of the country Coca Cola is operating, or selling to. If environmental activists were to find that the plastic used on two liter bottles of the cola was causing harm to the environment, this would very much affect the functions, planning in particular. Perhaps the current economic conditions of the country Coca Cola was operating were to be very poor, then an ad campaign to promote the product showing luxury...
Words: 454 - Pages: 2
...guaranteed an everlasting pot of gold. The world is full of competition and companies must keep up with the Joneses if they want to keep a profitable bottom line. To be profitable and successful the four functions of management need to have continuous improvement. The four functions of management are planning, organizing, leading and controlling. By analyzing how all four functions of management in the Coca-Cola Company one will be able to explain how each is affected by the following external and internal factors globalization, technology, innovation, diversity, and ethics. Coca-Cola is a very well known label all over the world. Even so, however, the company seems to always be marketing their name somewhere new. This means that the planning function of this company is globalized and very innovative. It can be purchased all over the world. The planning is also effected by diversity. It is evident in the different beverage products they produce, in example juices, vitamin water, sports drinks, and plenty of other drinks other than just soft drinks. They use innovative methods in their marketing, for example their online music service in the UK. And, even though it shut down, their experimentation shows innovation. The planning function shows ethical values in its marketing. Coca-Cola’s marketing is always aiming at social awareness to happiness. It encourages a united America during its super bowl commercials…have a coke and feel joy. Organizing is assembling and coordinating...
Words: 654 - Pages: 3
...Planning, organizing, controlling and leadings are the four main functions of management, which are affected by internal and external factors. Internal factors are business events that happen within the corporations while external factors are business events are carried outside the actual corporation. Planning involves setting goals and outlines for the direction of the company. Organization happens as the company goes about achieving these goals that were planned. Leading is important to management because leaders are needed for success. The leaders of the company must train and motivate employees to reach the company goals. Controlling plays a major roll by having a say in the direction your company goes. Other factors that affect the four main functions of management are globalization, technology, diversity, innovation, and ethics. These factors affect the four functions of management by influencing the decision making process that occurs within management. Globalization Globalization is an external factor because this event takes place outside the actual corporation. This event is described as the spreading of businesses and technology throughout the world. For example, The Coca-Cola Company began in the state of Georgia. Since its introductions to the world in 1886, Coca-Cola has expanded and coke products are now in over 200 countries according to The Slayor Foundation’s article Globalization and the Coca-Cola Company. When companies plan to globalize, consumer needs...
Words: 1040 - Pages: 5
...Coca Cola Company and The Management Within Joiss Mardianto Kaplan Higher Education Academy Diploma of Hospitality and Tourism Management Intake 9 Introduction To Management Mahum Jafer December 14 , 2012 ] Abstract This thesis consisted of brief report about Coca Cola Company introduction, including the history of the company and the products it is selling and the management system within the company. This report explores the role of recruitment & selection process of the organization. This report provides a defined role of other departments inthis process, role played by Head Office in this process, internal & external support of different departments in this process. There is provides brief explanations of the company strength in competing with the other competitors and the weakness within the company itself. Table of Contents Abstract ………………………………………………………………………………..... 2 Table of Contents ……………………………………………………………………… 3 Introduction …………………………………………………………………………….. 4 Coca Cola Mission and Vision ……………………………………………………….. 5 Environmental Factors ……………………………………………………………….. . 6 Major Factors …………………………………………………………………………… 7 Management Functions in Coca Cola ……………………………………………….. 8 A. Planning and Strategizing …………………………………………………...... 8 B. Organizing ……………………………………………………………………..... 9 C. Leading ……………………………………………………………………….... 10 D. Controlling ……………………………………………………………………… 11 Conclusion ………………………………………………………………………………...
Words: 2729 - Pages: 11
...Coca-Cola Case Study Factors Affecting Management Christopher H. Thompson Texas A&M University Central Texas Instructor: Dr. David Geigle G BK 444.115 – International Business Texas A&M University-Central Texas Summer 2014 Absract There have been and/or are plenty of factors, both internal and external impact the planning function for management within an organization. Regardless of size, age, revenue, product, or service, planning is the most fundamental and important component for management. By no means is the Coca-Cola Company an exception. Arguably, Coca-Cola is the most recognized, most popular, as well as the biggest-selling soft drink in history. Synonymous for Coke, the company produced nearly 550 million servings in 2007 selling other brands such as Sprite, Dasani, Bacardi, Fanta, Minute Maid, and Powerade generating a net operating revenue of $28.9 million. (Isdell, 2007). This paper will examine 4 major internal and external factors that impact managerial planning; globalization, technology, diversity, and ethics. In addition, will explain how managers can use delegation to manage the impact that these factors have on the four functions of management. Brief History It all started back on a regular afternoon, in the year 1886 in Atlanta, Georgia, when a pharmacist named John Pemberton, by curiosity decided to stir up a fragrant, caramel-colored liquid (syrup) and was combined with carbonated water. This drink, named Coca-Cola, was...
Words: 2183 - Pages: 9
...MANAGEMENT PRINCIPLE TERM PAPER "CONTROLLING" The Coca Cola company is one of the biggest manufacturers, distributer and marketers of beverages in the world. Coca cola company started its business in Pakistan by 1953, with the brands coca cola, sprite, fanta. Coca cola offers more than 400 brands in approximately more than 312 countries. There are many plants of Coca Cola Company in pakistan, like karachi, hyderabad, multan, gujranwala, sialkot, faisalabad, rahimyar khan and lahore. The company is facing huge challenge as competitors are making new strategies to defeat the company. There are four management functions of the Coca Cola Company which include planning, organizing, leading and controlling. Controlling is the most crucial function of management. In this function the company evaluates that either they have achieved the goals which they had set before. If the answer is "yes" then the employees and managers are rewarded with bonuses and other ways otherwise if not then the managers have to take action to solve the problem. It is important to keep a control over your company because it helps managers know whether organisational goals are being met and, if they are not being met so what are the reasons. Controlling helps in employee empowerment and it helps to protect the organization and its assets. The Coca Cola Company uses the step process which includes measuring actual performance, comparing it with the set goals or standards and take actions to address any...
Words: 862 - Pages: 4
...The Coca-Cola Company The second function of the management process is organization. Management must organize, assign duties or responsibilities, and put the course of action into practice. Managers are responsible to ensure the plan is put into action the important resources while reducing unnecessary expenses. This paper will confer how the Coca-Cola Company uses the organizing function of management relating to physical assets, human resources, and technology. In 1886, John Pemberton, an Atlanta pharmacist, stirred a concoction and carried it to Jacobs’ Pharmacy that was a few doors down. Mixing the concoction at the Pharmacy with carbonated water letting the customers sample the product and the after the sampling the mixture was selling for five cents a glass. The first year average of selling the mixture was nine glasses per day. The mixture was named Coca-cola from Pemberton’s bookkeeper, Frank Robinson, who wrote the name in script and is still written the same way today. Pemberton died in 1888 without knowing the success of the business. Asa Griggs Candler securing the rights to the business in 1891 for a total of $2300 became the company’s first president and took the company to greater heights. Marketing of the new product by giving away free coupons for the new drink was his way of making the product known passing out free calendars and signs to pharmacy’s so the symbol, and the name would get out into the world (The Coca-Cola Company, 2011) . In today’s...
Words: 1171 - Pages: 5
...organisational structure A Coca-Cola Great Britain case study Page 1: Introduction The Coca-Cola Company is truly global, and its main product is recognised and consumed worldwide. The Company organises and structures itself in a way that reflects that fact. At the same time, the Company looks to meet the particular needs of regional markets sensitively and its structure also needs to reflect that fact. This Case Study illustrates the way in which the Company has built an organisational structure that is robust and yet also flexible enough to meet these particular requirements. A global and local strategy The Coca-Cola Company is the world's largest beverage company and is the leading producer and marketer of soft drinks. The Company markets four of the world's top five soft drinks brands: Coca-Cola, Diet Coke, Fanta and Sprite. The success of The Coca-Cola Company revolves around five main factors: 1. A unique and recognised brand - Coca-Cola is among the most recognised trade marks around the globe 2. Quality - consistently offering consumers products of the highest quality 3. Marketing - delivering creative and innovative marketing programmes worldwide 4. Global availability - Coca-Cola products are bottled and distributed worldwide 5. Ongoing innovation - continually providing consumers with new product offerings e.g. Diet Coke (1982), Coca-Cola Vanilla (2002). The illustration shows the worldwide distribution of sales of Coca-Cola products by quantity...
Words: 1816 - Pages: 8
...Test 1 [pic] Apple Inc. the most famous multinational corporation that designs consumer electronics, computer software, and personal computers in American. Their famous hardware products include Macintosh computers, the iPod, the iPhone and the iPad. These hardware products lead Apple Inc get success and control all the electronic products market. For example from 2007 the first iPhone was sold to now there are over 51 million iphone was sold which mean it control over 16.1% of the cell phone market. When the iPod began sale it pretty easy to sale over 1million iPads and this just take 28 day. Why the apple company can very easy to get success and how can they hold the market. We can from the Michael Porter's Five Forces Model five parts find out the answer. Michael Porter's Five Forces: 1. The bargaining power of suppliers (who can charge higher prices) 2. The bargaining power of customers (who may demand better quality at a lower price) 3. The threat of new entrants into the industry 4. The threat of substitute products or services 5. The rivalry amongst current competitors in the industry (which can lead to price wars, new product development and special offers) Firstly we need talk about the bargaining power of suppliers, for a company the supplier is a very important part because it decides the price and quality of every stuff. So whether the company can get lots of profit or not, it depends on the bargaining power of suppliers. Such as Apple one of the reason...
Words: 2424 - Pages: 10
...Strategies a. Coca-Cola b. Southwest Airlines c. VF Corporation d. Xerox III. Discussion Summary IV. Conclusion Corporate Strategy Analysis Discussion Summary The complete single solution to absolute success in businesses remains unknown in this new day of age, even with the high-speed movement of the present world. Obviously, there are particular obstacles that corporations need to undertake in order to achieve success, while, in unison, there is no simple solution that leads to success either. Therefore, each corporation primarily needs to take a particular action that benefits the outcome of their company in order for it thrive. This step is a measure for attaining pinnacles that are universal with all corporations; it is to have a strategy. Coca-Cola, Southwest Airlines, VF Corporation, and Xerox are four companies that applied corporate strategies to their business and with success, turned their business around for the better. Corporate Strategies Coca-Cola Neville Isdell was asked to come back from retirement to Coca-Cola in June of 2004 as CEO. Isdell was tasked to assist Coca-Cola with diversification so that they could remain competitive with Pepsi. The company purchased Glaceau, maker of Vitaminwater and added new non-carbonated drinks such as Envigo and Blak to their product line up. Coca-Cola is one of the most organized companies when it comes to vertical integration. Six years ago Coca-Cola created a supply chain...
Words: 1082 - Pages: 5
...------------------------------------------------- BMGT 500 – Principles of Management Management styles & Leadership practices at Coca-Cola. Report submitted to Prof. Chepkilot In partial fulfillment for the award of the degree of MASTER OF BUSINESS ADMINISTRATION (MBA) By Jesse G. Munyua GMB/NE/0645/05/14 Kabarak University Nakuru Town Campus Table of Contents 1.0 Introduction 2 2.0 History of the Company 2 3.0 Mission and Vision 3 4.0 Culture and values 5 5.0 Organizational Design 6 6.0 Organization Structure 8 7.0 Organizational goals 9 8.0 Leadership Style 10 8.1 Core Capabilities 11 9.0 Management Styles 12 9.1 Democratic 12 9.2 Autocratic 13 9.3 Laissez-faire management style 14 9.4 Consultative democratic 14 9.5 Team Work 15 9.6 Employee Engagement 16 10.0 Management Functions of Coca-Cola Company 16 10.1 Planning 16 10.1.1 Strategic Goals 17 10.1.2 Tactic Goals 17 10.1.3 Operational Goals 17 10.1.4 Decision Making 18 10.2 Organizing 18 10.2.1 Departmentalization 19 10.2.2 Work Specialization 20 10.2.3 Delegation and Accountability 20 10.2.4 Resource Allocation 20 10.2.5 Organizing the Human Resources 20 10.3 Leading 21 10.3.1 Motivation 21 10.3.2 Communication 22 10.3.3 Corporate Culture 22 10.4 Controlling 22 10.4.1 Sales Person’s Reporting System 22 10.4.2 Sales Person Evaluating System 23 Reference 24 1.0 Introduction The Coca-Cola Company, a retailer, manufacturer and marketer...
Words: 7140 - Pages: 29
...1. HUMAN RESOURCE MANAGEMENT 3 1.1. Human resource Management activities, within Coca Cola Company, their objectives and how they are achieved 3 1.2 Two theoretical models of human resource management 5 TASK 2. HR PLANNING AND DEVELOPMENT 7 2.1. HR planning and development models within Coca Cola Company Georgia 7 2.2. Evaluation of effectiveness of HR planning and development models in achieving organisational objectives 11 TASK 3. PERFORMANCE 12 3.1. Monitoring of HR performance within Coca-Cola Georgia 12 3.2. Effectiveness of HR performance monitoring systems 14 CONCLUSION 15 RECOMMENDATIONS: 15 REFERENCES 16 INTRODUCTION The following report gives an understanding of importance of Human Resource Management, it shows the contributions of HRM to the organisational achievements. In the report the writer examines HR planning and development methods and suggests the ways to improve the HR performance. COMPANY BACKGROUND The Coca-Cola Company is one of the world’s top soft drink makers. Coca-Cola owns the best-known soft drink brands such as, Coca-cola, Diet Coke, Fanta and Sprite. this is an organisation with a history starting from 1892. The company’s flagship product, Coca-Cola was invented by a pharmacist John Stith Pemberton (The Coca-Cola Company, 2010). Coca-Cola is headquartered in Atlanta and it is currently offering 500 different brands in 200 different countries worldwide. TASK 1. HUMAN RESOURCE MANAGEMENT 1.1. Human resource...
Words: 4026 - Pages: 17
...Cola Wars Tonya Hall October 1, 2012 Executive Summary Coca-Cola Company is a leading manufacturer, distributor, and marketer of non-alcoholic drinks in the United States and all over the world. It is a multinational company that has market presence in almost all countries of the world. The company has also diversified from its initial soft drinks to manufacture fruit juices and other non-soda beverages. Its objective has been to maintain its global leadership in the supply of beverages and other non-soda beverages through maintaining high quality production methods that ensure that the name and products remain a household brand. Coca-Cola Company I. Current Situation The Coca-Cola Company is an American multinational beverage corporation and manufacturer, retailer and marketer of non-alcoholic beverage concentrates and syrups. It is one of the most recognized soft drink brands in the world. The company is best known for its flagship product Coca-Cola, invented in 1886 by pharmacist John S. Pemberton in Columbus, Georgia. The Coca-Cola formula and brand was bought in 1889 by Asa Candler who incorporated the Coca-Cola Company in 1892 (“Coca-cola management”, 2012). Asa Candler heavily promoted his product through the distribution of coupons for complimentary glasses of Coca-Cola and the distribution of souvenirs depicting the company trademark. Within three years of incorporation, Asa Candler announced that the beverage was being consumed in every state and territory...
Words: 3235 - Pages: 13
...Advertising positioning strategy in the competition between Coca-Cola and Pepsi Cola during 1960s in the USA. To what extent is this important to current marketing strategy? Given Name: LANGQIONG Family Name: ZHANG Tutor: Matthew Group 22 Index Page ntroduction Introduction ntroduction............................................................................................. 3 Section 1: Advertising positioning strategy in competition between Coca-Cola and Pepsi Cola in 1960s in the USA................................ 3 Section 2: Functions of advertising positioning strategy in current market........................................................................................................ 5 2.1 Importance of advertising positioning strategy.......................5 2.2 Evaluation..................................................................................... 6 Conclusion Conclusion...............................................................................................6 List of References.................................................................................... 7 Introduction: On account of dramastic development in economy, only the advertisements which exactly meet the demands of consumers can stimulate their interests, in other words, advertisements may contribute to increase in sales. Furthermore, by building up an unique association with a brand in consumers’ mind via analyzing tis own product as well as competitors’ product and...
Words: 1680 - Pages: 7
