Professional Documents
Culture Documents
Assignment Management
Assignment Management
Roll # 41412
Department: BBA-I
Company: Coca-Cola
Our company started in 1886 and grew with a purpose
to refresh the world. This became refreshment not just in a physical sense but also in spirit, and not just
to refresh people but also communities.
Today, we are a total beverage company. We’re present in almost every beverage category, and we
have approximately 200 master brands. Over 700,000 people in our system help deliver those brands to
customers and consumers every day.
Defining Mission:
Our Roadmap starts with our mission, which is enduring. It declares our purpose as a company and
serves as the standard against which we weigh our actions and decisions.
Defining Vision:
Our vision is to craft the brands and choice of drinks that people love, to refresh them in body and spirit.
And done in ways that create a more sustainable business and better shared future that makes a
difference in people’s lives, communities and our planet.
Defining Goals:
LOVED BRANDS. We craft meaningful brands and a choice of drinks that people love and that
refresh them in body and spirit.
DONE SUSTAINABLY. We use our leadership to be part of the solution to achieve positive change
in the world and to build a more sustainable future for our planet.
FOR A BETTER SHARED FUTURE. We invest to improve people’s lives, from our employees to all
those who touch our business system, to our investors, to the broad communities we call home.
Current Strategies
External
Opportunities Threats
One of the strongest, broadest and most Environmental concerns that threaten
flexible portfolio in the beverage industry, the use of plastic packaging.
which means they have a product range The increased cost of production.
that can be deployed across high value High inflation rates that lead to high
occasions and channels to capture pricing of products hence a fall in
substantial growth opportunities. demand.
Can increase income levels in developing Competition from other players in the
markets. industry.
Diversification in the health and food Political instability in various markets and
business regions.
High demand for packaged drinking water
Growth through acquisitions
Worldwide growing population
PESTEL Analysis
Political Economic Social
Its presence The current credit More health-conscious
internationally exposes crunch has reduced the individuals are shunning
the company to varying company’s market these conventional fizzy
political climates, which share relatively. drinks for more natural
the company has to The global high energy products in a fashion
follow. As such, this prices have increased euphoria sweeping in
affects the harmony of production costs. many industries
the company and High inflation rates that globally.
uniformity in lead to high pricing of The company’s brand
management in products hence a fall in presence for long in the
different markets. demand. global market does not
Another general Competition from other significantly change,
political issue is political players in the industry. which seems to be a
instability in given Loss of potential new marketing idea in
regions, where political markets due to recent times.
disturbances have government restrictions Seasonal behaviors
interrupted with and bans Cultural trends in
distribution and Foreign exchange rate various global locations
marketing activities of fluctuations Demographics – ageing
the company. Payment of custom population
Must adhere to local duties to various
and international health countries while
and quality standards supplying products to
bottlers
Technological Legal Environmental
More competitors have The company has to The use of plastic
started to use AI for abide by legal issues containers and bottles
helping in their pertaining to contracts is being lobbied against
operations with bottlers and by environmentalists.
management and advertising agencies. The use of plastic in
supply chains. The company has to packaging calls for a
Need to use more abide by competition more involving and
efficient and advanced laws in different regions costly environmental
machinery to cut power and markets. policy.
costs. Draining off ground
The brands need water
research to develop The biggest consumer
their products. The of fresh water in the
more they can invest in world
developing Challenges posed by
infrastructure, the more climate change
opportunity they get to Weather variations
conduct good research. affects the level of
customer patronage.
Formulated Strategies
Corporate
Increase consumer base by extending our reach by successfully getting more acquisitions and
partnerships in unexplored markets.
Operational
Decentralization of the distribution network, so we can increase our reach to smaller and rural
areas which could substantially increase our sales and profit.
Set contingency funds in case of major political or economic crisis.
Introduce policies to successfully tackle against climate change.
Marketing
Decrease our marketing expenditure where it cuts unnecessarily into profits.
Improvise our marketing strategies to create a universal brand image.
Ensuring of strong return on marketing expenditure.
Financial
Increase our company’s standing by manufacturing of our own bottling factories.
Reduce prices in high inflation markets where it doesn’t cut into our profits to maintain demand.
Use lower amounts of sugars to decrease our costs and increase popularity among health
conscious individuals.
HR
Engage employees more effectively into decision making for non-admin operations to improve
company’s image.
Research
Research alternatives to plastic packaging.
Enhance the use of AI in operations as well as research into better alternatives of existing raw
materials and machinery.
Use alternatives to ground water where possible.
Implement Strategy
The formulated strategies would be
implemented from (day) (month) in the company.
Evaluation
If the implemented strategies were found
profitable in the future, we evaluate them as good. Otherwise they will be
considered bad and would be reversed.