Friday, August 9, 2019

Identification of Activities Area of Coca-Cola Assignment

Identification of Activities Area of Coca-Cola - Assignment Example The Coca-Cola Company mainly operates through a global franchise based distribution system in which the company manufactures the drinks and the syrup concentrates and sells them through various bottlers across the world in their own exclusive regions. Also, the company owns a single anchor bottling company in North America known as Coca-Cola Refreshments. The current Chief Executive Officer of the company is Muhtar Kent. The stocks of the Coca-Cola Company are listed in reputed stock exchanges like the New York Stock Exchange (NYSE) and are major components of popular market indices like Standard & Poor 500, DJIA, the Russell 1000 Growth Stock Index and the Russell 1000 index. The Coca-Cola Company has strived to attain an adequate amount of sustainability in its operations across the world. However, the company has been involved in a number of lawsuits and criticisms related to many unethical practices and human rights violation over the years of its operations. The company has been alleged with discriminatory and monopolistic practices by many social activist groups, governments, and other stakeholder groups. The lawsuits filed against the Coca-Cola Company regarding these discriminatory and unethical practices have resulted in the company being forced to alter many of its business practices, indulge more into different kinds of Corporate Social Responsibility (CSR) activities and introduce new concepts and practices related to the business processes of the company across the world. There have been continuous criticisms against the relation of the Coca-Cola Company with the United States and Middle East foreign policies. A major area in which the Coca-Co la Company has faced severe allegations and criticisms is in its operations in the developed countries like India. The allegations like the presence of pesticide residues in the beverages manufactured by Coca-Cola and water wastage in the operations of the company led to the drop in sales of Coca-Cola products in India by more than 11%. The company has always faced a number of criticisms related to the environmental harms of its business activities.

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