...Course title Institution Date The Coca Cola Company The nature, structure, types of products This is a beverage business, which was founded by Pharmacist Dr. John Pemberton. It is among the largest manufacturer, supplier, and seller of the non-alcoholic drink concentrates and syrups. The company is well known for the production of over 500 brands in more than 200 states and serves about 1.7 billion servings every day. The company is mainly based in Atlanta, USA. The Coca Cola Company manufactures and sells numerous types of carbonated soft drinks including the very common brands like Coca Cola, Diet Coke, Coke Zero, Sprite, Fanta. Other drinks comprise Oasis, Powerade and Schweppes Abbey water. The company also owns the Schweppes types of products, Energy drinks plus the glacial Vitamin water types. The corporation has established well structure links with various other companies, such as the bottling associates. The company sells its concentrates and syrups to the bottling partners, which are legally permitted to manufacture, distribute and market branded products. The trade scheme that consists of the coke company along with the bottling associates is known as the Coca Cola system. The company collaborates with its bottlers globally to make certain that the concentrates and syrups are made into finished beverages that are manufactured and sold to customers globally. Code of ethical conduct of the Coca Cola Company The Coca Cola Company believes in integrity and honesty...
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...Product Project Product: Coca-Cola Classic is a type of soft drink manufactured by The Coca-Cola Company that is recognize in the entire world. United State is the country of the origin of the company that was introduced in 1886. The recipe was formulated at the Eagle Drug and Chemical Company, a drugstore in Columbus, Georgia by John Pemberton, originally as a coca wine called Pemberton's French Wine Coca. He may have been inspired by the formidable success of Vin Mariani, a European coca wine. Pemberton responded by developing Coca-Cola, essentially a non-alcoholic version of French Wine Coca. The first sales were at Jacob's Pharmacy in Atlanta, Georgia, on May 8, 1886. It was initially sold as a patent medicine for five cents a glass at soda fountains, which were popular in the United States at the time due to the belief that carbonated water was good for the health. Pemberton ran the first advertisement for the beverage on May 29 of the same year in the Atlanta Journal. Coca-Cola was sold in bottles for the first time on March 12, 1894. The first outdoors wall advertisement was painted in the same year as well in Cartersville, Georgia. Cans of Coke first appeared in 1955 and the first bottling of Coca-Cola occurred in Vicksburg, Mississippi, at the Biedenharn Candy Company in 1891. Although, Coca-cola still investing in their soft drinks of competition. Coca-Cola used to focus its strategy on the three A’s and P’s. The A’s are availability, acceptability, and affordability...
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...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...
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...1 ACCT2162 Ethics and Accountability COCA COLA and PEPSI Student name: Pham Thuy Vy Vy Ta lam Han Tieu Thien Tam Assignment: Ethics and Accountability ACCT2162 1|Page 2 ACCT2162 Ethics and Accountability RMIT International University Vietnam Bachelor of Commerce Program ASSIGNMENT COVER PAGE Your assessment will not be accepted unless all fields below are completed Subject Code: ACCT2162 Subject Name: Ethics and accountability Location where you study: RMIT Vietnam- SGS campus Title of Assignment: Group assignment File(s) Submitted: Cocacola_Pepsi Pham Thuy Vy Vy Student name: Tieu Thien Tam Ta Lam Han Student Number: S3325175 S3324340 S3275812 Learning Facilitator in charge: Samia Ibrahimo Assignment due date: 18th April 2013 18th April 2013 Date of Submission: Number of pages including this one: (Please number your pages like this: 13 page 1 of 7, etc.) 2200 words (exclude references, table of content and Word Count: reference) (Main Content) 2|Page 3 ACCT2162 Ethics and Accountability Contents INTRODUCTION....................................................................................................................................... 4 COMPARE AND CONTRAST POLICIES, PROCESSES AND GUIDELINES ......................................................... 5 a) Health and Safe Work Environment: .....................................................................
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...|BUSINESS ETHICS | |Individual assignment | | | | | |Topic 1: The factors influencing corporate culture | |LECTURER: |Trangdtt | |STUDENT: |Nguyen Thuy Anh | |ID NO. |FB00163 | |CLASS: |BA0601.2 | I. NATURE AND BACKGROUND OF FIRM: The Coca-Cola Company is the world's largest beverage company and is the leading producer and marketer of soft...
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...Running Head: COCA-COLA AND THE FOUR Coca-Cola and the Four Functions of Management Tiffany Woodward University of Phoenix Abstract: We will be explaining how internal and external factors affect the four functions of management in the Coca-Cola Company. We will be providing specific examples for internal and external factors that affect the company; the factors are as follows: globalization, technology, innovation, diversity, and ethics. Coca-Cola and the Four Functions of Management The Coca-Cola Company is one that we have loved and enjoyed for many years and more to come. The company was established in 1886 by Dr. John Pemberton in Atlanta, Georgia. Today the well-known soda is sold in over 200 countries and is consumed at the rate of more than one billion per day. The four functions of management are planning, organizing, leading, and controlling. Coca-Cola had to do all of these to become the successful, thriving company they are today. Globalization is an external factor that would affect these functions. “Through the late 1990s, under CEO Roberto Goizeta, Coca-Cola pursued a strategy that involved focusing resources on Coke’s megabrands, an unprecedented amount of standardization, and the official dissolution of the boundaries between the U.S. organization and the foreign operations”. (Ghemawat, 2011) Coca-Cola has to recognize how much business that they have around the world and adjust any strategy to keep being successful. In the last few years...
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...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...
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...thinking.May raise awareness of threats to a project.Can help an organisation to anticipate future difficulties and take action to avoid or minimise their effect Even Coca Cola, the worlds’ largest beverage company has to consider about their macro environment and its opportunities and threats. They too have to analyze their Political, Economical, Social Environment. limitations .The external factors considered during PEST analysis are dynamic and they change at a very fast pace. At times, these changes may occur in less than a day’s time, thus making it tricky to predict why and how these factors may affect the present or future of the project.Collecting enormous amounts of relevant data from the right sources becomes a bit of a problem, especially since most of the pertinent data must be collected from external agencies. This makes PEST analysis not only time consuming but costly as well. Also, getting the latest data and keeping the analysis updated with it becomes a problem.A proper PEST analysis requires a lot of information to be collected. But when handling too much information, the users tend to get confused and lose sight of what factors are more critical. This ambiguity in prioritizing the affecting factors can put the entire planning on the wrong track political Those Non- Alcoholic Beverages like; Coca-Cola, are within the food category, under the FDA (Food and Drug Administration). The government has control over the...
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...Situation Synopsys Toy Company had developed and sold a child’s toy set containing a whistle. These sets are set to be sent to the South American market, primarily elementary schools, for order fulfillment. The toy has been found to contain levels of lead that exceed what is considered safe in the U.S. marketplace. Possible Alternatives In order to evaluate each of the following possible alternatives Toy Company needs to establish some level of a decision making matrix. For example each alternative needs to be evaluated on three core questions. What is the cost, in dollars, of this alternative? What is the potential for harm to the consumer by using an alternative? What is the long term impact to Toy Company by moving forward with this alternative? In the process of asking and answering all of the questions a more plausible outcome evaluation will develop. In the evaluation and decision making process the long term impacts need to also be considered, some of the choices may potentially strengthen the relationship with the consumer. All of the considerations need to always be tested with the question “Is this the right thing to do?”. Each alternative that is provides explores the practical aspects but the overarching question needs to address “the right thing”. By selecting one of the alternatives your value system, your character or your integrity should not be compromised (Myatt, 2012). There are a variety of choices Toy Company has to deal with this issue...
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...Internet to research the code of ethical conduct of one (1) of the following organizations: * AT&T * Hershey Company * Coca-Cola * Chevron Next, use the Internet to research the code of ethical conduct of two (2) similar companies in the same industry as the company you have chosen. Write a six to eight (6-8) page paper in which you: 1. Specify, in brief, the nature, structure, types of products or service of the business you selected. Examine the information within the company’s code of ethical conduct, and choose three (3) key issues from within the document that you believe are critical for success. Provide a rationale for the response. What is the significance of global business environments? Do you know what attributes influence unethical business practices, for example, failure to embrace technology advancements, and stiff competition among businesses? To exemplify these challenges, in the Global Business Environment, I have selected the Coca Cola Corporation to examine. A brief overview of the Coca Cola organization reflects back to 1886 when it began it is business as a local soda producer in Atlanta, Georgia. They began by selling about nine beverages per day. By the 1920s, the company had begun expanding internationally, selling its products first in the Caribbean and Canadian markets and then moving in consecutive decades to Asia, Europe, South America and the Soviet Union. By the end of the 20th century, the company was selling its products...
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...Individual Report Conclusion and Decisions of The Coca-Cola Company (KO) Part Three – Individual Report Conclusion and Decisions · Conclusions and SWOT Analysis The Coca-Cola Company continues to grow and expand its presence around the globe. Based on the ratio analysis, the company is perfectly positioned to spend money to expand into untapped markets as well as diversify in existing markets. In 2012, it consolidated more of the bottling companies to take advantage of efficiencies of scale, which helps control costs. Although competition and changes in North American consumption trends, KO has strong management and solid accounting policies to ensure its continued longevity. Below is a summary SWOT analysis. Strengths: · The Coca-Cola Company continues to have stable cash flows and consistently positive earnings per share. Dividends for investors remain stable around $0.25 per share. · The brand continues to be a strong symbol in the marketplace; recognized worldwide. · The Company continues to maintain a diverse geographic marketplace; expanding into 200 countries. This diversity provides stability overall. Weaknesses: · Consumption of carbonated beverages is down in North America as consumers turn toward healthier alternatives. · Coca-Cola lacks diversity in its portfolio to the extent of some of its major competitors. · Even with the expansion into the southern hemisphere, the Company’s financial statements still show significant...
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...part of its ethics. This is business ethics. These companies have their own unique identities within the business world in our country. These companies have a responsibility to themselves, their employees, their stock holders and their customers to follow the legal and ethical principles and regulations that the US has set up. If these companies do not follow the regulations that have been set up for them concerning the basic business ethical principles, many issues can arise, both legal and ethical. Within the business world there are many different issues in ethics that may arise in a business environment. If these issues are not handled correctly then they may turn into a legal battle. Companies need to make it a top priority to give their employees and all who work close to the company an idea of what the company’s mission is and what their overall vision is. They also need to have the knowledge of what is expected of them on the job and how they are expected to act. This will allow the employees to put into practice the correct code of ethics and those policies and procedures that the company has put into place. Fair business practices dictates that a company must put forth good effort to deliver the best level of ethics on a continued basis so that employees, applicants and customers may receive them because they are entitled to them. The goal of this paper is to examine the ethical and legal theories that apply to an ethical situation in the Coca-Cola Company and look to...
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...Business Ethics in Indian Businesses Authors: 1) Ms. Swenee Shah 2) Ms. Mehal Pandya 3) Ms. Chitral Patel (Faculties of Hasmukh Goswami College Of Engineering (MBA)) Submitted to: Gujarat Technological University 1 Abstract Business ethics deals with ethical rules and principles necessary for a successful business. It explains the various ethical problems that can rise in a business setting and the responsibilities of persons who are engaged in an organization. We have here shown how the Indian Businesses follows ethical practices even though they are working globally. We have here also taken few examples MNCS to show how are they going ahead unethically. In this research paper we have tried to show that no business can get success even though they are going globally (locally) if they don’t follow ethics and legitimate values. Our research paper reflects that true and ethical business can sustain for longer time and even can survive at toughest time. ethical training ,policies procedures will help any organization to manage their work place very well .we have shown that how ethics will help to enhance reputation of business and generate loyalty from staff members. Our research paper will open new avenues to the ethical dilemmas 2 Table of Contents Particulars What is Business Ethics Ethics and military Overview of issues in Business Ethics Ethics in Indian context: Scope of business ethics Approaches to Business ethics. Importance of Ethics in Business...
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...1. Coca-cola main duties is to gain profit from attract the consumer into choosing their brand. However majority of countries follow the local laws instead of standards law. The best suggestion for Coca-cola is that, individual countries that coca-cola invested in must be adapted toward the local laws. The tax payment, the human right laws (working hour, equally and fairness) The company should have a standard moral and culture of respecting each other. By influencing the culture of coca-cola to the employee, the brand itself reflect and grown their personality to the consumer. The service must taste and feel fresh like their product (coke). Conclusion, for the laws and profit issues the company must adjusted toward the country they were in. For the management and responsibilities is the company job to influence their staff. 2. (a) The way Coca-cola advertised was considered as propaganda. 94% of the world recognizes the red/white logo. They didn’t only invest in the drink but also as a sponsor for entertainment business which promoting them to the wild range of society. The legal issue that Coke had cause was the India coca-cola compensation law that passed in Kerala. The issue was that the company had over production and consuming the water which causing shortage water supply for the people in the area. The company earn large amount of profit but it damaging the environment around them, maybe sometime there should be a moral and management in-house laws for the company...
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...Value Alignment Learning Team A Michelle Bolte, Jason Rodriguez-Galarza, Ryan Worsham, Jennifer Patton, Carol Odom BUS/475 March 24, 2014 Ryan Simpson Value Alignment Organizational values are established by the individuals that develop the business and are carried out in the plans and actions of employees and executives of the firm. Although there are inevitable differences between the two, alignment of individual and organizational values help to shape the culture in which the company operates and often the direction of the firm to include both long-term goals and the strategic short-term methods by which they are reached. Below we will analyze how organizational and individual values are reflected in the plans and actions of the Coca Cola organization. Individuals are born amoral, without established values. As each matures and evolves, they develop a sense of moral obligation and a system of values that derives from the people and cultures that they are subjected to. As babies, toddlers, and young children individuals witness and mimic the actions and values of those that they are most frequently surrounded by, mainly their parents or caregivers. They are taught the difference between right and wrong and throughout time develop a set of values from sources such as their parents, peers, religious leaders, educators, and other influential persons such as celebrities and cultural leaders. Although at a younger age people are generally more willing to stray from their...
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