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This paper analyzes the business elements concerning the Coca-Cola Company that is based in the US. This is an American and a multinational beverage company that manufactures, markets, retails non-alcoholic drinks headquartered in Georgia and Atlanta. Currently, Coca-Cola offers approximately 500 brands across 200 countries and serves 1.8 billion customers on a daily basis.
By analyzing the elements of this business from managerial perspective, it is clear that this organization has representation in every single entity. In addition, the system of this organization operates via multiple local channels. Coca-Cola is a company that is also responsible for customer brands and marketing strategies. The business incorporates bottling partners that produce packages, sell, and distribute beverages to vending partners and customers. The other element of this business is that it has diverse partners; it cooperates with such as street vendors, grocery stores and restaurants, which contribute by increasing sales of the organization. As an organization, the Coca-Cola working groups meet to discuss its feasibility to meet standards of the management, and legal complexity of the firm. The aspect of this organization is to collect and consolidates social, economic, and environmental data. It produces reports concerning its cooperate responsibility, which also appears in sustainability reports.
The basic legal environment of Coca-Cola Company caters for its governance, and engages in political process to assist in developing the US. For instance, policy makers assist in shaping reasonable policies that determine the progress of the business. This is reflected when more than 60,000 associates from US participate in the legal procedure to safeguard the environment. Furthermore, the Coca-Cola organization adheres to legal environment requirements via contributions to political agendas. This involves candidates from local, federal, and state offices.
The organization also participates in environmental legal affairs through campaigns, ballot measures, trade associations, and political action groups. Coca-Cola Company coordinates with legal organizations as a way of exhibiting its commitment to sustain communities in the environment where it executes its business. In addition, Coca-Cola organization complies with legal needs when it applies the US rules, and regulations to legalize its business. The company also corresponds to legal reporting needs to enhance trust among its staff and customers. It ensures compliance of basic legal requirements when it allows its political contributions to be reviewed. This is further approved by the organization senior legal counsel and government relations heads.
Analyzing Coca-Colas basic social environment, the company sustains its image when it creates various centers in different nations. This boosts social status in the society when the company unites individuals of diverse communities using their products. In addition, the company formulates projects such as ECOCENTER that respond to welfare of people in social environment. This project contributes by developing holistic situations in developing communities across the globe whose focus is to satisfy individuals in poorest social-economic category. The ECOCENTER benefits the society by operating as a retail outlet that offers products, and services that satisfies the needs of the community. As a basic social environmental requirement, this initiative improves social welfare of individuals via connectivity. This is evident when people acquire jobs, services, skills, environmental satisfaction in which the company further assists to incentivize recycling process in the society.
The basic economic environment of Coca-Cola Company is active since the business is represented in approximately 200 states. The local nature of this business grants it a unique opportunity to boost economic vitality of remote societies across the world. The current indirect economic returns of this organization reflect great significant figures when contrasted to the past years; hence, contribute to companys progress economic wise. Moreover, the organization contributes to basic economic environmental success to each society. This is evident when Coca-Cola creates jobs to local people, supports their investment plans, and pay taxes to the government.
At some point, the Coca-Cola organization encounters managerial, financial, and operational issues. There are allegations against the operations of the company that its products lead to possible health effects. The management issues, which the organization encounters, involve shortage of waters in cities such as Atlanta. The risk of water shortage, especially in the US, is due to climatic change, and increase in population. This implies that the Coca-Cola management needs to take immediate measures to overcome the challenge. In handling financial issues, the company needs to involve the board, and the committee to handle its financial reports and statements. This will ensure that the organization complies with legal needs, and codes of business conduct.
The project management of Coca-Cola focuses on sustainability project to ensure that the company gets sufficient water supply. Its objective is to ensure that it supplies beverages made of clean water that is harmless to health of the entire society. The companys projects have formulated businesses with aim of improving, and preserving sources of water. The project timelines of Coca-Cola Company indicate that the management puts into use consistent metrics. This assists to monitor, employ performance, identify activities, and empower tools that facilitate improvements. The projects timeline function as core of the business, which ensures products safety that contribute to success of the organization. The critical paths and contingencies of this company assist in managing risks that could face the project (Senker, 2012). This implies that the management of the company needs to implement a contingency plan to cater for critical risks that occur.
The implementation plan contingencies of Coca-Cola company aims at determining key risks that may hinder serious projects of the organization. They evaluate risks via magnitude, and selects those that can be controlled and involve the rest that are out of control. The next step that follows is when the company implements contingency plan on risks under control to prevent the company from facing critical issues that could affect its operations. The Coca-Cola Company has also put into place staffing requirements, and tools to safeguard happiness and healthy conditions of employees. The organization ensures that the staff receives proper treatment to motivate them to increase sales of the company. It offers employees flexible working schedule, and access to gym in order to refresh after the days work.
Gantt Chart
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Progress of Company |
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Key;
^^^^- Increase of the Coca-Cola company performance from 2008-2013.
Pert Chart
Coca-Cola Canada
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Coca-Cola US > Coca-Cola China > Coca-Cola Australia
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Coca-Cola UK
Key; Indicates partners of Coca-Cola organization in different states.
The impact of potential change aspects that apply to the Coca-Cola revolves around change in climate, economic disparity, and water stewardship. As a result, the company ensures that it diversify its business across the world to curb the issue of economic disparity. Furthermore, the company ensures that it uses clean water to provide quality beverages. The impact on management function on the company has contributed to efficiency in energy, and protection of the climate. The management of Coca-Cola Company operates in a way that allows it to reduce its emissions system to protect the environment. The management also collaborates with people to attain a common goal of satisfying their needs by offering sustainable solutions to solve the climate issues. Through the management, the company has also been able to cater for risk aspects such as reduction in quality of their products and water scarcity. The functions executed by the management have improved quality of their products, and increased its services by accessing a large number of customers.