The present study would focus on the Coca-Cola Company. It has its headquarters in Atlanta, Georgia and well developed systems, procedures and tools that align it to the structure in place to enable it cope with ever increasing competitive world. It creative and innovative culture has enabled it to keep in pace with stiff competition from their main competitor Pepsi. The company has developed a strand of valuable resources in its people and the resources that it contains that enable the multinational to serve its customers with quality and attractive products. The firm has employed a number of strategies so as to realize it objectives and visions, such as fair returns on shareholder value increase value to the community. During the 2010 annual report, it is noted that the company adopted a number of strategies. As noted in their press release, the company has continued to increase the volume of business through innovation and diversification of its products into potential markets especially North America by building several brands such as Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitamin water, Powerade, Minute Maid, Simply and Georgia Coffee. Business analysts provide that the company has continued to deal with volatile economic challenges in their pursuit of global business. The firm has also continued to invest in order to build solid brands of coke fuelled by marketing and promotional innovations. For instance, the ‘open happiness campaign and FIFA world cup promotional programs drove growth and increased reputation of the coke brands. Furthermore, the firm has continued to pursue sustainable developments in the environments and education funding through corporate social responsibility imitative. Structure of the organisation The firm has a well organized organic structure that consist of shorter and learner span of control that ensure timely decisions are met effectively. It has a simple matrix structure that consists of divisions led and driven by projects (Mintzberg, 1979; Glueck,1980; Gilbraith and Nathason,1978). The firm has a both decentralised and centralised. The corporate leaders of the company have delegated authority to a number of line and tactical managers in all their divisions around the world so that faster and timely decisions can be arrived. This translates into better quality of service delivery to their customers. Mintzberg (1979) argues that it is pertinent for a firm to centralise some certain policies, as centralising certain essential matters that deal with strategy and strategic options of the overall firm ensures that control is limited and controlled appropriately. These include product and market development. It has also centralised forms of policies and values that every stakeholder should adhere to in discharging their duties and responsibilities. Chandler (1962), Mintzberg (1979) and Glueck (1980) note that some essential matters that arise out of agency necessitate the corporate leaders to retain some authority and control to avoid misappropriation of powers for their own interest and at the expense of the firm.. This ensures uniformity in their systems, procedures and techniques so that productions techniques and tools are similar to maintain a brand name and reputation of the company. For instance, last year it was in a process of improving the quality of brands by pursuing a healthier diet campaign in the United States of America. It also instituted a number of promotional tools that boosted its sales volume and drove its global competiveness higher than 5 %(
Cite this document
(“Strategy Implementation of Coca-Cola Research Paper”, n.d.)
Retrieved from https://studentshare.net/marketing/4814-strategy-implementation-of-coca-cola
(Strategy Implementation of Coca-Cola Research Paper)
“Strategy Implementation of Coca-Cola Research Paper”, n.d. https://studentshare.net/marketing/4814-strategy-implementation-of-coca-cola.
Cited: 0 times
This study looks into Coca-Cola as the world’s largest retailer of non-alcoholic beverages. The study will attempt to demonstrate structure of the organization, its systems and procedures, the people of Coca-Cola and the culture of ‘coke’…
According to the paper the changes contribute to the favorable financial pictures of Coca Cola. There are some similarities and differences between the production processes of the Coca Cola America bottling plants and the Coca Cola Mexico bottling plants. Indeed, Coca Cola’s strategic marketing and management processes add to the company’s firmly embedded financial leadership in the non-alcoholic beverage market segment.
Creativity and risk appear inexorably linked, as both are infinite in their diversity with the outcome that their permutation usually defies accurate description. The surroundings in which new the conception together with development of a new product or service occurs is complex and associated with creativity and risk at several heights in a wide range of situations or circumstances.
Pemberton. It was produced as a tonic, which was modified by removing alcohol and adding vegetable essences. The name of the company was originally Coca-Cola Syrup and Extract but was shortened to Coca-Cola. It was registered in 1886 and since then it has been rapidly increasing its market share.
Costs of the plans are charged to current operations and consist of several components of net periodic pension cost based on various actuarial assumptions regarding future experience of the plans. In addition, certain other union employees are covered by plans provided by their respective union organizations and the Company expenses amounts as paid in accordance with union agreements.
For instance, the industry is consisted of several popular brands and number of large and medium sized players. The company faces tough challenges from its biggest competitor PepsiCo. Another important fact is that consumers have become less inclined towards soft drinks.
The Coca-Cola Case Study Table of Contents Introduction 3 Question 1 3 Question 2 4 Question 3 5 Question 4 6 Question 5 7 Conclusion 8 Reference 9 Introduction The Coca-Cola Company is one of the oldest manufacturers and sellers of soft drink beverages mainly include the cola drinks.
This paper analyzes Coca-Cola Company and its strategic choices. Today, Coca-Cola Company operates in about 200 countries under different brands. Throughout the period that it has existed and operated in the world, Coca-Cola has experienced enormous growth, performed excellently in the market and subsequently increased shareholder value.
Coca-Cola Company satisfies billions of clients through its refreshment products that are found in over 200 countries across the world. Despite constant competition from Pepsi, Coca-Cola remains the favored market brands, more so when financial position of the company is analyzed as compared to the competitors.
For instance, Smart Water is one of the company’s products whose production and marketing strategies are consistence with the company’s organizational practices and policies.
Smart Water is an influential brand that has many
Despite constant competition from Pepsi, Coca-Cola remains the favored market brands, more so when financial position of the company is analyzed as compared to the competitors. However, Coca-Cola Company cannot take anything for granted and ignore competition from
5 pages (1250 words)Research Paper
Got a tricky question? Receive an answer from students like you!Try us!
Let us find you another Research Paper on topic Strategy Implementation of Coca-Cola for FREE!