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thousand people worldwide. The company reaches customers through advertisements.Coca Cola offers a financial reward as a reward strategy to the employees. The monetaryawards include bonuses, an increase of salaries, plane tickets, and scholars of theemployee's children.11
MGT497 Strategic Information Technology Plan (Final Paper)Strategy and Processes Supporting Internal Innovations of EntrepreneursMangers create strategies that stipulates how the company uses innovation efforts to maintainthe overall business strategy. This helps them make the trade-off decisions by choosing themost appropriate practices and set overarching innovation priorities that align with allfunctions. “The company is a future-focused business development framework that identifiesbreakthrough growth opportunities, accelerates business decision, and create near termmeasurable impact within the context of a longer-term vision for sustainable competitiveadvantage.”Assessing Sustainability, Stakeholder Responsibility and Technology InnovationEnvironmental ImpactThe environmental impact is defined as any change to the environment, whether adverseor beneficial, wholly or partially resulting from the company activities, products, orservices. The threats to our environment include invasive species, disease, pollution, anda warming climate. The Coke company impacts the water supply because it is the mainingredient. They are trying to replenish the water supply. They also sell 3500environmentally damaging plastic bottles every second. The scale of the impact on theplanet is laid bare today as a new investigation reveals it could be selling more than $100billion dollars 41throw away plastic bottles a year.12
MGT497 Strategic Information Technology Plan (Final Paper)Evidence of Economic Success and Stakeholder ResponsibilityThe Coca Cola company depends on the stakeholder for their success. They drive the economyforward offering jobs to over seventy thousand employees. They supply the stakeholders withcritical components to be successful. It is a critical component to the successful delivery of anyproject program me or activity. A stakeholder is the people or group of people that can beaffected by the company. They hold financial interest in the Coke Company (Driessen &Hillebrand, 2013).Consumer product preferences continue to change, and this causes thecompany to continue to improve. Things like health, nutrition, and wellness are areas of concernfrom employees and customers and stakeholders. The company must address these issuesbecause failing “to address past changes in consumer products and shopping preferences willlead to decline in sales and will not prepare for future changes/”Social (Code of Conducts and Corporate Social Responsibility)The company needs to establish and support compliance goals around ethical processes.