Saturday, October 19, 2019
Report on the company Essay Example | Topics and Well Written Essays - 1000 words - 1
Report on the company - Essay Example By the very essence of its existence, the Coca-Cola Company definitely has stakeholders. This paper will analyse the stakeholders of the Coca-Cola Company and how they are affected by the company as well as how they affect the organization. The Coca-Cola Company is an American company that has its headquarters in Atlanta, Georgia, United States of America. The company was established in 1886 by John Pemberton and Asa Griggs Candler (Coca-Cola 2014). The company has a presence in many countries, estimated to be over 200, including the U.S., Britain, Canada, South Africa, Kenya, among numerous other countries. By the fact of its presence in several countries, the company is a multi-national. The business entity is a public limited liability company and has its shares traded in the New York Stock Exchange (NYSE). The company has well over 500 brands to its name, its main brand being the Coca-Cola drink (or simply, Coke) (Coca-Cola 2014). The company makes, sells, and distributes soft drinks including Coke, Fanta, Sprite, Minute Maid Juices, Dasani mineral water, orange juice, and different brands of coffee and tea, to name a few (Coca-Cola 2014). It is estimated that worldwide, people consume at least 1.5 billion servings of one brand or another of the Coca-Cola Company every single day (Edinburgh Evening News 2010). Beyond any doubt the high level of consumption of Coca-Cola brands translates to high turnovers and profits for the company. In 2010, the company earned in excess of 10 billion Euros in the U.K. alone (Edinburgh Evening News 2010). The company is a strong brand, the reason it has several franchises across the world. In fact, most of the sales and profits that the company gets credited for come from the franchises. Some of the main stakeholders of an organization include the owners/shareholders, government, customers, community members, employees, and management (BBC 2014). Like many other
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