Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

The below is the assignment I am working on. I have also attached what I have so far. If I could please get help expanding

The below is the assignment I am working on. I have also attached what I have so far.

If I could please get help expanding what I already have following the assignment details below it would be of great help. I also need some assistance with in text citations, conclusion and sources. Thank you.

Global Management Research

Select a global company that operates in at least four countries (Coca-Cola). Select a minimum of 5 of the following topics to talk about your chosen company. You are free to select more than five areas. The topics include:

  1. Monitoring the Environment
  2. Corporate Social Responsibility
  3. Corporate Ethics
  4. Environmental Sustainability
  5. Culture in the Global Environment
  6. Corporate Communications

In your research, include a header indicating each area you've selected. For each topic, be sure to discuss what you believe the organization is doing well and where it needs to improve. Use the concepts and theories you have learned to analyze the international business strategy of the organization you chose. Indicate why you believe your decisions will help the organization in the future.

image text in transcribedimage text in transcribedimage text in transcribed
2 3 Coca-Cola network ensures that its beverages are available to consumers worldwide, further contributing to Coca-Cola is a globalized transnational company, the company has established a well- its market dominance (Bekimstoya et al., 2021). With a rich history and global reach, Coca- known presence in over two hundred countries. The company was established in 1886 and Cola continues to be a leader in the beverage industry, consistently delivering quality products headquartered in Atlanta, Georgia. Coca-cola has become known for its refreshing and and catering to diverse consumer tastes (Becimstomp et al., 2021). enjoyable beverages. The company offers a wide array of products, including but not limited to Monitoring the Environment recognizable brands Minute Maid, Coca cola classic, Powerade, Fairlife, and Dasani water. Coca-Cola has exhibited a powerful dedication to observing the environment by implementing Operating within the aggressive beverage industry, their success stems from its well-built brand various resourcefulmess. The corporation has set ambitious viable objectives, such as its World image, extensive distribution network, and ongoing commitment to innovation. With a rich Without Waste initiative which focuses on collecting and recycling one container for everyone, history and global reach, the company has ossified its spot as one of the world's most valuable they sell to by year 2030. The corporation has also made outstanding expenditures in renewable brands. Through its continuous commitment to providing caliber products and beverages, Coca- energy, water conservation, and protection of the environment programs. These steps show the Cola has apprehended a noteworthy market share globally. Recognized for its dedication to company's recognition of the environmental challenges it faces and its dedication to lessening its consumer gratification and product eminence, Coca-cola remains at the vanguard of the libation environmental footprint. While the corporation has made admirable strides in keeping track of its industry, frequently modifying to adjust to the consumer proclivity and market kinesis. impact on the environment, there are always ways for enhancement in terms of lucidity and Background and Industry communication. Coca-Cola should increase its divulgence of the environmental impact data and Coca-Cola, a globalized beverage company, operates within the competitive and ever- set comprehensible objectives to make certain there is greater accountability within the company. evolving beverage industry (Belcigabetoys et al, 2021). The company has grown to become a They can do this by providing more comprehensive statistics. By providing this information multinational go-getter with a presence in over 200 countries. The company's product portfolio Coca-Cola can increase stakeholder trust and motivate others to embrace sustainable practices. includes a wide array of non-alcoholic drinks, such as carbonated drinks, juices, and bottled Corporate Social Responsibility water (Bekimstops et al., 2021). With its exemplary brands like Coca-Cola, Diet Coke, Sprite, Coca-Cola has a lengthy past of corporate social responsibility (CSR) resourcefulness. The Fanta, and Dasani water, the company has set up a powerful brand image and attained corporation has imbued itself in societal development projects, instruction, and community care astonishing retail achievement (Bekimbetoya et al, 2021). Working within the beverage industry worldwide. Coca-Cola's Sby20 program for instance, has the objective to economically empower requires an acute focal point on mnovation, as consumer predilection and mode continually 5 million women entrepreneurs by 2020. According to Coca-Cola, 2021 the company has change. The company's ability to modify and institute fresh products has played a notable role in delivered on its decade long drive. Additionally, the corporation vigorously encourages diversity its enduring achievement (Bekirkstory et al., 2021). The company's extensive distributionand inclusion, supporting many initiatives focused on gender egalitarianism and empowerment. research and development to traverse more viable packaging options. By promoting and While Coca-Cola has made progression in its CSR endeavors, the company does have other embracing new technologies, such as biodegradable or compostable packaging, the corporation chances to further amalgamate sustainability into its logistics network. CocaCola should can further lessen its environmental impact and commit to production and consumption. This reinforce its central point on responsible sourcing of ingredients, ensuring anti-discrimination would line up with evolving customer suppositions and make the company position stronger as a and ESG environmental, social, and governance throughout its chain. By prioritizing sustainable manufacturing leader in viability. sourcing, the company can confidently impact local public, minimize risks, and increase its Culture in the Global Environment reputation. The company operates in various cultural circumstances and acknowledges the significance of Corporate Ethics understanding and respecting local customs and traditions. Coco-Cola's advertising promotions Coca-Cola has entrenched a strong ethical lens and principles, including rectitude, responsibility, often reflect cultural awareness, celebrating diversity and promoting inclusiveness. and regard. The corporation maintains a strong code of business conduct, providing instruction The company can make improvements by enhancing its cultural quotient by encouraging a for employees' conduct. The company is committed to ethical and moral practices which are deeper connection with the local communities. This can be accomplished by amalgamating obvious in its amenability programs, anti-corruption efforts, and conscientious retail selection closely with local shareholders. By understanding their distinctive needs, and embodying their process. To help improve its efforts the corporation can start by enhancing its corporate ethics. viewpoint into the decision-making procedure, the corporation can build stronger brand loyalty Coca-Cola should prioritize the execution of exhaustive informant protection procedures. They and navigate cultural complexities more successfully. can achieve this by generating a safe and encouraging environment for reporting ethical Corporate Communications dilemmas. This would help the company identify and address issues more swiftly. All of this The company has been victorious m creating a strong worldwide brand through productive would fortify a culture of integrity, prevent misconduct, and protect Coca-Cola's reputation. corporate communications. Coca-Cola regularly engages with its shareholders through several Environmental Sustainability channels, including social network, public relations, and funding. The company's brand The company has made noteworthy strides in conservation of the environment. They have set messaging often lines up with constructive community and environmental causes. To help goals to reduce its carbon emissions, improve water efficiency, and to promote packaging ameliorate company communications, the company should reinforce its efforts in buckling down recycling. Coca-Cola Plant Bottle, made partially from plant-based materials, is a contemporary on controversial matters transparently. Coca-cola ought to provide clearer and persistent solution that lessens the use of nonrenewable fuel sources in plastic manufacturing. To make communication on topics such as sugary drink utilization, plastic pollution, and water usage. improvements to their environmental sustainability Coca-Cola should continue investing in This can be done by openly recognizing challenges and exhibiting its dedication to findingsolutions. Furthermore, the company can foster trust and credibility among its shareholders by talking about these areas of improvement, the company can make its global business strategy for the future stronger. Increasing lucidity, sustainable procurement, and cultural quotient will not only mitigate risks and improve brand reputation but also ensure Coca-Cola's long-term feasibility in an increasingly socially and environmentally conscious worldwide market. Conclusion

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ray Garrison, Eric Noreen, Peter Brewer

15th edition

978-0077522940

Students also viewed these General Management questions

Question

Explain the pages in white the expert taxes

Answered: 1 week ago