Sunday, May 24, 2020
Coca Cola Company Struggles With Ethical Issues Essay
The coca-cola company struggles with ethical issues Name Institution Coca-cola boasts of being the worldââ¬â¢s largest beverage company serving approximately one billion customers daily. The most dominant products distributed by Coca-cola are Coke, Fanta, Sprite and Diet Coke. This strategy is aimed at ensuring that every customer gets satisfied whenever they use a Coca-cola brand. Coca-cola has large distributions across the globe making it the largest distributor in the world. The late Roberto Goizueta termed Coca-cola to be an American company with large international business and a sizeable American business (Ferrell, 2008). This has helped a lot with brand selling as it is the most recognized brand in the whole world. ââ¬Å"Coca-Cola has the most valuable brand name in the world and, as one of the most visible companies worldwide, has a tremendous opportunity to excel in all dimensions of business performanceâ⬠(Ferrell, Fraedrich, Ferrell, 2008). Coca-cola, however, has not been smoothly running over the decades in operatio n. It has on numerous occasions been criticized for overlooking some ethical standards that it should have rather upheld. This essay aims at looking into some of the issues facing Coca-cola, the most significant of them, how they were resolved and how Coca-cola should have solved them. 1. Delineate the ethical issues and dilemmas the company faced. Crisis situations In 1999 few children fell sick in Belgium after consuming a Coca-cola brand. This resultedShow MoreRelatedThe Coca-Coca Company Struggles with Ethical Crises Essay1335 Words à |à 6 Pages: ââ¬Å"The Coca-Coca Company Struggles with Ethical Crisesâ⬠HRM 522-Ethics and Advocacy for HR Professionals Abstract Since the late nineteenth century Coca-Cola has been a successful company. Coco-Cola went to war with its competitor PepsiCo throughout the 1990s as Coca-Cola expanded its market overseas. Its overseas sales increased to the point where over 85 percent of its sales came from outside of the United States (Ferrell, Fraedrich and Ferrell, 2011). As a consequence, the Coca-Cola brand andRead MoreCoca Col The World s Largest And Most Successful Beverage Company Essay1596 Words à |à 7 PagesCoca-Cola Company Coca-Cola started its business in 1886 bringing, in the concept of carbonated soft drinks. Coca-Cola Companyââ¬â¢s primary business consists of manufacturing and selling beverage concentrates and syrups, as well as some finished beverages, to bottling and canning operations and other distributors. (ââ¬Å"Structure and culture - creating an effective organizational structure - Coca-Cola great Britain,â⬠1995). Coca-Cola was first to move into the marketplace and by being first to move intoRead MoreCoca Col The World s Largest And Most Successful Beverage Company Essay1595 Words à |à 7 PagesCoca-Cola started its business in 1886 bringing, in the concept of carbonated soft drinks. Coca-Cola Companyââ¬â¢s primary business consists of manufacturing and selling beverage concentrates and syrups, as well as some finished beverages, to bottling and canning operations and other distributors. (ââ¬Å"Structure and culture - creating an effective organizational structure - Coca -Cola great Britain,â⬠1995). Coca-Cola was first to move into the marketplace and by being first to move into this marketplaceRead MoreThe Coca Cola Company Struggles With Ethical Crisis1174 Words à |à 5 PagesThe Coca-Cola Company Struggles with Ethical Crisis The Coca-Cola Company has struggled with ethical problems since the beginning of the 1990ââ¬â¢s. The company has been accused of discrimination, interest of conflicts, and channel stuffing. (O.C Ferrell, John Fraedrich, Linda Ferrell, 2011) The Coca-Cola Company is known as the worldââ¬â¢s largest beverage company. The last ten years has been exceptional until the company struggled to meet its financial objectives and encountered a number of ethical crisesRead MoreThe Ethical Issues That Coca Cola Inc.1273 Words à |à 6 PagesAbstract In this Project Management essay, I am going to be talking about the ethical issues that Coca-Cola Inc. faced in the past several years. How the biggest world wide soft drink company faced Racial discrimination allegations, inflated earnings related to channel stuffing, and trouble with the distributors. Iââ¬â¢ll be reviewing the consequences of all these actions, and how they recovered. Analysis Coca-Cola is a world wide know soft drink beverage organization. Started by a pharmacistRead MoreCoca Col The World s Largest Beverage Company884 Words à |à 4 Pageskey facts are that ââ¬Å"Coca-Cola Company is the worldââ¬â¢s largest beverage company and markets four of the worldââ¬â¢s top five soft drinks brands namely Coke, Diet Coke, Fanta, and Spriteâ⬠(Ferrell, et al, 2013, p. 309). Over the years Coca-Cola has remained ahead of Pepsi, its main competitor. In 2006 however, Pepsi moved ahead of Coca-Cola by focusing on snack food and innovative strategies in the non-cola beverage market (Ferrell, et al, 2013, p. 309). The reputation of Coca-Cola has not only been amongRead MoreCoca Cola And Its Social Responsibility1093 Words à |à 5 PagesFrom the late 1800s until today, the Coca-Colaââ¬â¢s brand has evolved into a top contender in the beverage industry, which ignited the ââ¬Å"cola warsâ⬠with the companyââ¬â¢s top competition PepsiCo. with Coca-Co la controlling 45 percent of the global soft drink market; Coca-Colaââ¬â¢s most famous brands include: Coke, Diet Coke, Sprite, Powerade, Dasani water and Fanta with Coke, Diet Coke, Sprite and Fanta being four of the top five leading soft drinks. At the peak of Coca-Colaââ¬â¢s reign, an estimated $1 billionRead MoreEthical Issues and Dilemmas Faced by Coca-Cola1461 Words à |à 6 PagesThe Coca-Cola Company struggles with ethical crises Delineate the ethical issues and dilemmas the company faced The Coca-Cola Company has faced many ethical issues in the past. In the year 1999 in the month of June, about 30 children in Belgium became ill following the consumption of the companys products. The company recalled the product, however, the problem continued to escalate. All Coca-Cola products were recalled by the Belgian government and this was soon followed by the officials inRead MoreCoca Cola And The World Fight Against Hiv / Aids1416 Words à |à 6 Pagesvalue of $25 billion, the Coca-Cola brand is globally synonymous with soft drink beverages, and holds the title of the world s largest beverage company. So large in fact, that they have maintained as much as 50% of the world s market, they operate in excess of 200 countries across the globe, 85% of their revenue stems in the international market, they facilitate the world s largest distribution system, and produce four of the top five soft drinks in the world. Coca-Cola is a large supporter of philanthropicRead MoreCoca Cola Struggles with Ethics1207 Words à |à 5 Pages Case Study 4 - The Coca-Cola Company Struggles with Ethical Crises Case #11 January 5, 2014 1) The corporate role in any company builds the foundation of how a company succeeds and, also, how the public views them. Their organizational performance is based on how the company is run and what ethical structure they have in place. Their social responsibility runs parallel with their organizational performance. If a company is not successful within themselves they cannot be successful within
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