In 2009, the companies work under the 401k pension plan which provides insurance advantage on the medical requirements of the employees. In Coca-Cola the contributory plan is done by both the employer and the employees where the employer enjoys the benefit of taxation for their employees. The pension plan of PepsiCo is based on the willingness of the employees as the benefits are availed by both the full-time and international employees. The rates used by Coca-Cola and PepsiCo for calculating the pension amounts are rate of return on assets, rate of compensation, and rate of discount. For the year 2008, the expense discount rate and the rate of return on planned assets for Coca-Cola was 5.8% and 7.75%. The medical benefits for the retiree were calculated based on the available rates. PepsiCo had a discount rate of 5.7% on all US beneficiaries and 5.2% on foreign workers. The expected rate of return for PepsiCo in 2008 was 7.7%. Retirement rewards calculated were often based on the compensation rate for employees. Recent events in corporate finance have depicted the importance of efficient administration. The need to fund corporate pension plans have made many executives to offers offer defined constitution plans as because of the recent changes in IFRS. Whereas Coca-Cola have rejected such approach and have preferred the plan of cash balance plan design as it offered risk-free benefits to the employees and made the employees secured. Coca-Cola was a part of multi-employer pension plans of US, but from 2012 the company opts to change the accounting methodology for determining the market related value of assets for the defined benefit pension plans. Coca-Cola sponsors to the pension plans covering all US employees and has made necessary assumptions to determine the pension expense and other related obligations. As per the assumption the discount rates would be related to the present value liabilities and the expected long-term rate would relate to planned assets. The company decided to periodically revise asset allocation so as to improve returns and manage risks. PepsiCo is one of those major employers who are still planning to offer their new employees a final salary pension. In 2012, PepsiCo decided to decrease the fair value of pension so as to reduce the future employee benefit costs. The company made certain changes in their US Pension plans, which stated that employees earning benefit under the pension plans as stated in IFRS, were not eligible for the company matching contributions on the 401k contributions. The annual pensions is to be calculated based on 4 components, i.e. the value of benefits earned by employees during their working hours, the increase in liability due to time , other gains and losses and the expected return on assets which was based on pension plan investment strategy and the long-term rates of return by asset class. These schemes were essential to plan a secure retirement for the employees and to meet the future expectation of the management. Answer 2. The Coca-Cola Company In 2012 the company’s total pension expense related to defined benefit plans were $251million. The company’s primary US plan in 2012 represented 59% and 64% of the Company’s consolidated pension benefit obligations and pension assets. The pension expense is expected to decrease by $60 million in 2013 by the management because of expected $640million of contributions to be made by the
Coca-Cola Company versus PepsiCo, Inc. Date: Table of Contents Table of Contents 2 Answer 1. 3 Answer 2. 4 The Coca-Cola Company 4 The Pepsi Company 7 Answer 3. 8 Answer 4. 10 The Coca-Cola Company 10 The Pepsi Company 11 References 12 Answer 1…
The supply and the demand enable to initiate the market and accordingly help organizations to apply marketing strategies to fulfill customers’ requirements. The report describes the derived demand of a B2B organization named Coca Cola which deals in beverage industry.
The Coca-Cola Company is considered the globe’s largest drinks selling business, occupying over half of the international marketplace in carbonated soft beverages in addition to a considerable portion of the noncarbonated section. It possesses four of the globe's five best-purchased soft drinks.
In this campaign the company decided to introduce temporarily a white can for its famous coke brand. The usual red cans were rebranded to white cans with images of white polar bears on them. The company for the first time in history changed its iconic red cans white in order to celebrate the polar bear and commit money to WWF’s conservation efforts (Coca Cola).
Both companies have set numerous sub-plants in different regions while the coca-cola company holds the largest number of sub-plants situated across the whole world. These sub-plants serve as strong holds for the companies and ensure satisfied distribution of products for the companies.
Coca-Cola has a strong market presence in the soft drink industry and has been continuously introducing various new products to satisfy the needs of their existing customers as well as attract new customers. Through acquisition of local soft drink products and their various marketing strategies, they have been strategically gaining competitive edge and strong local market presence.
Muhtar Kent. The stocks of the company are listed in the New York Stock Exchange .The Company is rated as one of the largest companies in United States of America. It has been in operation for the last 130 years producing over 400 different kinds of brands for its customers.
In current paper the Coca Cola’s marketing strategy is compared with the views of the literature regarding the particular issue. The presentation of the corporate strategies involved in the particular marketing plan is made mainly in the research section while the analysis of the relevant results is based on the views of the literature as they are presented in the beginning of the paper.
The markets attending the 2012 London Olympics will be domestic citizens and international citizens of varying demographics and lifestyles. This concept of creating global harmony through Coca-Cola products will be a proper fit for a theme involving ecology and green business as well as diversity found prevalent at the Games.
It is the world’s leading soft drinks manufacturing company which operates its business in more than 200 countries of the world. For more than a century the company continues through depression, prosperity,
Further information was about the company was obtained from a book about Coca-Cola company. Coca-Cola's SEC filings were obtained from the US Securities and Exchange Commission official website.The Coca-Cola Company is a corporation that operates as a manufacturer, retailer and marketer of non-alcoholic beverages syrups and concentrates.
1 pages (250 words)Essay
Hire a pro to write a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Apply my DISCOUNT
Got a tricky question? Receive an answer from students like you!Try us!
Let us find you an essay for FREE
Contact us via Live Chat, call us at +16312120006or send an email to firstname.lastname@example.org