Communications in Business Submission to Local Network Coca-Cola - Global Compact Submission This letter provides our recommendations for the Local Network in order to support Coca-Cola to comply with the ten principle of UN Global Compact; in particular‚ Principle 9-“business should encourage the development and diffusion of environmentally friendly technologies”; and principle 10- “Businesses should work against corruption in all its forms‚ including extortion and
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Case Number 1: Valuing Coca Cola Stock. Executive Summary The Coca Cola Company‚ founded in 1886 in Atlanta‚ Georgia‚ is the premier soft drink producer globally. Besides manufacturing the famous Coca Cola‚ the company is responsible for bringing a variety of different products to the global market such as Fanta‚ Sprite‚ PowerAde‚ Dasani and Nestea. The Coca Cola Company is divided into two main sectors: the North American Business Sector and the International Business Sector. After selling
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1.What role does corporate reputation play within organizational performance and social responsibility? Develop a list of factors or characteristics that different stakeholders may use in assessing corporate reputation. Are these factors consistent across stakeholders? Why or why not? Corporate Reputation is particularly important when considering the role that it plays regarding organizational performance and social responsibility. A company’s overall success or demise mainly relies on its
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Coca-Cola has been refreshing people’s lives since 1886. Everyone likes to the refreshing‚ crisp taste of a cold Coca-Cola. There is a lot of history behind Coca-Cola. Coca-Cola started in Atlanta‚ Georgia in 1886. Coca-Cola was originally intended to be used as a medicine but was bought by businessman Asa Griggs Candler. He turned Coca-Cola from a medicine to a drink. He also turned it into a million dollar industry. That is why Coca-Cola is worldwide. Here is some of the first thoughts
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The Coca-Cola Company is the world leading beverage organization in manufacturing industry with a history of 126 years‚ operating in more than 200 countries worldwide. Coca-Cola is the world’s most valuable brand in which the company features 15 billion dollars brands that includes Diet Coke‚ Coca-Cola Zero‚ Sprite‚ Fanta‚ Minute Maid and others (The Coca-Cola Company‚ 2006-2012). The company is not a single entity as the organizational operations required cooperation with almost 300 bottling partners
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Coca-Cola Coca-Cola’s profile Coca-Cola started its business in 1886 as a local soda producer in Atlanta‚ Georgia (US) selling about nine beverages per day. By the 1920s‚ the company had begun expanding internationally‚ selling its products first in the Caribbean and Canadian markets and then moving in consecutive decades to Asia‚ Europe‚ South America and the Soviet Union. By the end of the 20th century‚ the company was selling its products in almost every country in the world. In 2005 it became
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promotion‚ publicity and direct marketing. In IMC Plan there are three campaigns which would be carried for the whole year by Coca-Cola. The IMC strategy for Coca-Cola would depend on the nature of market and focus on the social responsibility or societal marketing. Secondly‚ it will focus on the fun and entertainment perspective in order to motivate youngsters to purchase Coca-Cola and generate more sales. Whole IMC will be developed to communicate the message to the target audience to raise funds to
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PRODUCT Coca Cola AGENCY/IGNITOR McCann India STORYLINE/CAMPAIGN HIGHLIGHTS TVC opens in a cafe where a waiter is shown working rigorously cleaning dishes‚ taking orders and receiving instructions from the owner of the cafe (who seems to be a bit angry on him). On one table Bollywood actors Alia Bhatt‚ Varun Dhawan and Sidharth Malhotra are seated watching the waiter. Then Varun asks for three bottles of coke from the same waiter where Alia changed the order to four bottles instead. Varun and Sidharth
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value. According to Interbrand‚ The Coca Cola Company is the most valued ($77‚839 billion) brand in the world. 2. World’s largest market share in beverage. Coca Cola holds the largest beverage market share in the world (about 40%). 3. Strong marketing and advertising. Coca Cola’ advertising expenses accounted for more than $3 billion in 2012 and increased firm’s sales and brand recognition. 4. Most extensive beverage distribution channel. Coca Cola serves more than 200 countries and more
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Case 1: Global Human Resource Management at Coca-Cola 8/16/2013 1. What is Coca-Cola’s staffing policy for managerial position: ethnocentric‚ polycentric‚ or geocentric? Does this policy make sense? I believe Coca-Cola’s staffing policy for managerial positioning is primarily polycentric; however‚ I also believe it involves many characteristics of both ethnocentric and geocentric staffing policies as well. According to Dowling‚ et al‚ a polycentric staffing approach involves the multinational
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