Friday, March 22, 2019
Coca-Cola Corp. Internal/External Factors Essay -- essays research pap
INTROThere argon many f actuateors, privileged as well as external that impact the planning buy the farm of management within an organization, and Coca-Cola is no exception. More than a billion quantify every day, thirsty people around the world reach for Coca-Cola products for refreshment. Coca-Cola is the closely popular and biggest-selling soft drink in history, as well as the best-known product in the world. The Coca-Cola franchise covers a population of around 398 million people. Coca-Cola Enterprises employs approximately 72,000 people who operate 463 facilities, 54,000 vehicles and approximately 2.4 million peddling machines, crapulence dispensers and coolers.RAPID CHANGEThe Coca-Cola Company experienced a issue of quick change during the 1900 thru 1909 timeframe when the company experienced a period of rapid growth. This rapid growth was attributed to three pioneers sectioning off the country into territories and selling bottling rights to local entrepreneurs. Thei r combined efforts attributed to advancements in bottling technology which improved efficiency and product quality. By 1909, nearly 400 Coca-Cola bottling plants were operating, most of them family-owned businesses. Some were only open during hot-weather months when petition was high (Coca-Cola, 2004). During the 1920s and 1930s Coca-Cola began its international expansion led by Robert W. Woodruff, who was the Chief Executive Officer and Chairman of the Board. Coca-Cola plants were opened in France, Guatemala, Honduras, Mexico, Belgium, Italy and sulphur Africa. By the time World War II began, Coca-Cola was being bottled in 44 countries (Coca-Cola, 2004). These two different periods of time were when Coca-Cola experienced its most life-and-death rapid change due to bottling innovation and company expansion. GLOBALIZATION starting line in the 1920s building their global network, Coca-Cola is now the worlds leading manufacturer, marketer, and distributer of nonalcoholic beverage c oncentrates and syrups, used to produce nearly 400 beverage brands in over 200 countries (Coca-Cola, 2004). Competing globally is a difficult caper due to the unpredictability of foreign markets (Bateman &Snell, 2003). Coca-Cola not only recognized the probability in the global market but was able to expand successfully. Canada and sailor boy were the start of their global market in 1906. Since then th... ...ve the responsibility to act in every situation according to the highest standards of ethical conduct (Coca-Cola, 2004). Coca-Cola institutes that its employees are the representation of the ethical standards behind the product. Coca-Cola has had some challenges throughout its existence as a company (i.e. New Coke) and has felt the need to acquaint each and every situation with Honesty and Integrity, believing that in score to remain valid and legit in the market place, a company must(prenominal) retain its ethical standards at all times. CONCLUSIONReferencesCoca-Cola Com pany. (2005). A planetary Business. Retrieved June 7, 2005,from http//www2.coca-cola/heritage/chronicle_global_business.html Coca-Cola Company. (2005).from http//www2coca-cola.com/company/at_work.htmlfrom http//www.2.coca-cola/com/our company/historybottling.htmlBateman, T.S. & Snell, S. A. 2003. Management The New Competitive Landscape, one-sixth Edition. McGraw-Hill/Irwin, New York, NY.Source for Rapid Change http//www2.coca-cola.com/ourcompany/historybottling.html http//www2.coca-cola.com/contactus/faq/index.html
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