Coca cola stakeholders analysis. Stakeholder analysis of coca cola Free Essays 2022-10-22
Coca cola stakeholders analysis
Coca-Cola is a global beverage company that operates in over 200 countries and has a diverse group of stakeholders who are impacted by the company's operations and decisions. In this essay, we will conduct a stakeholders analysis of Coca-Cola to understand the various groups that the company must consider in its decision-making process.
First and foremost, Coca-Cola's customers are a key stakeholder group. These are the individuals and businesses who purchase and consume Coca-Cola's products. The company's success is heavily dependent on the satisfaction and loyalty of its customers, as they are the ones who generate revenue for the company. As such, Coca-Cola must consider the needs and preferences of its customers when making decisions about its products, pricing, and marketing strategies.
Another important stakeholder group for Coca-Cola is its employees. The company has over 700,000 employees across the globe, and their well-being and satisfaction are crucial to the company's success. Coca-Cola must ensure that its employees are treated fairly and with respect, and that they have access to good working conditions and opportunities for professional development. The company must also consider the impact of its decisions on its employees, including any potential layoffs or changes to their work duties or compensation.
Shareholders are also a significant stakeholder group for Coca-Cola. These are the individuals and institutions that own shares of the company's stock. As a publicly traded company, Coca-Cola is responsible to its shareholders and must consider their interests when making decisions. This includes maximizing shareholder value through profitability and financial performance, as well as providing transparency and communication about the company's operations and financial performance.
In addition to its customers, employees, and shareholders, Coca-Cola must also consider the impact of its operations on the communities in which it operates. This includes the local environment and natural resources, as well as the social and economic impacts on the community. Coca-Cola has a number of initiatives in place to reduce its environmental impact and contribute to the development of the communities in which it operates, such as water conservation efforts and support for local businesses.
Finally, Coca-Cola must also consider the expectations and regulations of the governments in the countries in which it operates. This includes complying with laws and regulations related to the production and sale of its products, as well as any taxes and fees that the company must pay. The company must also consider the potential political risks and uncertainties in different markets, and how these may impact its operations and financial performance.
In conclusion, Coca-Cola has a diverse group of stakeholders who are impacted by its operations and decisions. By considering the needs and expectations of its customers, employees, shareholders, communities, and governments, the company can ensure that it is making informed and responsible decisions that benefit all of its stakeholders.
How And What
The implication of this that employees own the companys vision and work towards meeting it. We engage with these stakeholders directly, and with partners such as peers and trade associations, to ensure we stay apprised of the latest research and expert perspectives. Stakeholder behaviour, on the other hand, is regulated by the code of ethics. Further information can be found in our combined Our activities must be compliant with all applicable laws and our values. This leads to job satisfaction which promotes the employee productivity and raises the Googles organizational value.
After this preparation, the employees learn new beliefs and attitudes action such as owning up the vision. Engagement metrics measured through interaction with the workers can help in understanding the effect that the message has on the employees. Each stakeholder has a relationship with Google which forms the source of its power to affect decisions. Transparent collaboration with stakeholders is essential to achieving our purpose. There are a limited number of people who work as senior leaders and are also part of the Board of Directors. We are proud to partner with our peer companies globally across our geographic operating units. A well-designed communication system with the various stakeholders is essential for promoting the Googles brand success.
Stakeholders in Coca
A global list of published journal articles going back to 2008 reflecting research that The Coca-Cola Company has directly funded, either partially or fully, or authored, can be found below and is tabulated by subject area the lists exclude research undertaken by third parties such as trade associations. We work together to achieve our sustainability goals, such as truckload optimization to reduce carbon emissions or consumer engagement to address plastic waste. The following stakeholders are of prior importance: - users; - employees; - customers and advertisers; - investors; - communities; - governments. We believe together we can have a greater and more sustainable impact than by working alone. Hypothetically, companies benefit from various communities through a pile of charity programs and other significant activities.
We are a Partner of the Ellen MacArthur Foundation and a proud signatory to the New Plastics Economy Global Commitment, having reported progress annually for the last three years. . Other relevant articles for you are: Competitors of Coca-Cola Competitor analysis Stakeholder mapping — stakeholder analysis If you liked any of these articles, please feel free to share with others by clicking on the social sharing icons. We have a 14-year, 50+ country partnership with the World Wildlife Fund WWF , whereby we have worked together on water replenishment, climate resilience, sustainable sourcing and preventing packaging waste. Other less efficient methods include emails, text messages, magazines, letters, and notice boards. They are also committed to innovative and clean energy.
Our Approach to Stakeholder Engagement and Research
Therefore, while shareholders set the organizational goals, short and long-term, it is the job for the management to interpret and implement them. This paper will focus on " Map British Airways. Additionally, the right perception among the employees affects the companys capabilities such as innovation. Also, explaining the strategic focus of creating value for the customers and stakeholdersto Google employees helps them to understand how their work performance affects the users. Low quality material and chemicals will lead to low quality of final product. Throughout the disclosures on this page and through our other reporting mechanisms, including our combined We undertake a variety of activities with diverse partners across a range of different areas and have included an overview of key activities for each below. Sales and operations Coca-cola has been establishing clear category and right product at the right price to favour the occasion which is called OBPPC Occasion, Brand, Package, Price and Channel strategy.
We aim to keep these groups informed about our product and to have constructive discussions with them on issues of common concern. We are committed to building an equitable and inclusive culture that inspires and supports the growth of our employees, serves our communities and shapes a more sustainable business. Investors are vital due to defining the accessibility of the capital used in the business for its growth and development. The community is said to be normative as the community is joining the team to contribute their effort for the environment and the society to solve the issue face in rural areas. This shows that the bottling partners are very important stakeholders of the company. These stakeholders have different interests, perceptions, and expectations. These measuresare then maintained over time through the adoption of various policies.
Trainings cover the four major pillars of responsible sourcing: human rights and labor standards, health and safety, environmental compliance and business integrity. Swot Analysis Of Soft Drinks 1671 Words 7 Pages ABOUT THE SOFT DRINK INDUSTRY: The term "soft drink" refers to all types of nonalcoholic, carbonated, sweetened, flavored beverages. Corporate governance and strategic human resource management: Four archetypes and proposals for a new approach to corporate sustainability. For feedback or questions, please On this page we outline our scientific research principles and provide information on key areas of company research. The key philosophy of the company is Making money is possible without breaking the laws and doing something evil. In order to do this, Coca-Cola has developed a number of low- and no- sugar variants of our beverage brands. Every step down the hierarchy involves the interpretation and issuance of commands to achieve set objectives.
📚 Google Stakeholder Analysis: All You Need to Know in This Free Essay
This is because Googles success is directly linked to the efforts put towards fulfilling its mission and vision statement. SUBMITTED IN SUMMER TRAINING OF MBA PROGRAMME OF APOLLO INSTITUTE OF TECHNOLOGY KANPUR UNDER GUIDANCE OF: Mr. Analysis of Google stakeholders will also promote understanding their stand as either proposers or opposers for particular company projects. Government is instrumental as instrumental argue that stakeholder management is. The Power of Strategic Communication.
Stakeholder Coca Cola Analysis Essay Example (500 Words)
Being the key source of revenue, advertisers are always concerned about getting top services like powerful advertising campaigns. ACC was struggling with increasing costs and deteriorating quality In line with the industry trends. The process of recycling aluminium could be a very difficult process as it need to be separated from steel, plastic and other debris. To take these enormous number of servings to consumers, the company works with many bottling partners around the world. These organisational customers then sell the products to consumers The Coca-Cola company2020. Lastly, vendors and suppliers are the other types of external stakeholder whose continued cooperation and good relationships ensure that high-quality raw materials are sourced and used to make beverage drinks.
Coca Cola Stakeholders
Coca- Cola as one of the top 20 brands in their top 100 global brands ranking in 2009. The Coca-Cola Company and more than 300 worldwide bottling partners work together as the Coca-Cola system to deliver daily refreshment and drive their global success. Our bottling partners manufacture, package, merchandise and distribute finished branded beverages to our customers and vending partners, who then sell our products to consumers. . The impact of sustainability activity to government is where the government often offer tax benefits for companies that adopt sustainable initiatives, which also helps the company to save money.