Monday, February 17, 2020

SWOT Analysis Essay Example | Topics and Well Written Essays - 500 words - 3

SWOT Analysis - Essay Example The strengths and weaknesses define the internal environment while the opportunities and threats represent the external environment to a business (Ferrell & Hartline, 2011). Managers should analyze all their internal positive characteristics of their organization with an aim of exploiting them. These attributes represent the strengths of such an organization and the analysis helps in indentifying the extent to which these factors can be utilized. The strengths include the resources at the firm’s disposal that ensure all the business practices run smoothly (Ferrell & Hartline, 2011). In addition, the positive characteristics are considered as strengths from their capability to sustain the organization’s competitive advantage and the positive aspects of the human resource. The managers should focus on these attributes in order to add value to the business operations. These organization’s strengths are within the management’s control. The weaknesses represent the factors that work toward minimizing the capacity to add value through an organization’s operations. Consequently, these factors reduce the expected value of an organizations operations and leads to a decrease in their competitive advantage in the markets. Such weaknesses include inability to utilize the existing resources maximally, poor quality services and poor positioning in the market. These factors are also within the management’s control (Ferrell & Hartline, 2011). Opportunities are aspects of the external environment to an organization. They symbolize the incentives for the existence and the possible progress of business operations in the market. These incentives present an opening to advance business practices and improve the current benefits. They also offer a chance for growth and development of activities that add value to the organizations and its stakeholders (Ferrell & Hartline, 2011). These opportunities also lead to

Monday, February 3, 2020

Company Research Assignment Paper Example | Topics and Well Written Essays - 1000 words

Company Assignment - Research Paper Example The mission statement acts as a guide to the company’s decision making. In the mission statement, an overall summary of the goals of the organization is stated. The mission statement for Coca-Cola Company aims at creating value for the goods produced by the company so that they can be differentiated from other producers in the market. Coca-Cola Company strives to refresh the customers and instigate moments of happiness and optimism. The mission statement ensures that the company maintains quality production standard using innovation to ensure that the company stays ahead of the competition (Moses, 2010). The products produced by the company are marketed using the mission statement in mind. The product content, product design, and targeted market support the company’s mission. With the changes in the technological sector, the quality of products with regards to the design and the content is constantly changing. Dietary problems in the globe with cases associated with cal ories being on the increase, the company’s focus on health products has enabled it to retain its market share (Theodore, 2009). Coca-cola Company’s goals The soft drink company has goals that it has set for ensuring continuous growth in the market. The goals can be divided into categories depending on the targeted audience. The first category deals with its commitment towards the shareholders. The company trading its shares in the stock exchange market has an obligation to its shareholders. The company aims at providing the shareholders with a high rate of return in terms of the profit generated from the investment. The company also aims at increasing the shareholders market share through making the company’s shares marketable in the stock market. The goals can also be with regards to the customers. The company aims at providing customers with their favorite drink regardless of their geographic location. This goal enables the company to increase its customer bas e. The goal ensures that all the needs and wants of the customer are met. The customers are prioritized in the company as they provide the revenue while shareholders follow because of their contribution towards capital (Moses, 2010). The other goal category relates to the environment. Conservation of the environment has been a significant concern in recent years with government imposing stiff penalties to companies that pollute the environment heavily. The company aims at reducing its carbon emission by 15% by the year 2020. This is a significant contribution to the environment aimed at reducing the effects of global warming. Reduction of carbon emissions also enables the organization to save on the penalties charged to companies with high green house emissions. How Coca-Cola positions its brand Brand positioning relates to the efforts of the company to attract a bigger market share compared to the competitors in the market. The company offers over 3500 products in the global market . Product diversity show’s that the company’s evaluation of the segmented market and producing many goods to serve the diverse client needs. This allows the company to compete adequately with regards to product diversity. To attain leadership status in the competitive beverage market increasing product variety is paramount (Theodore, 2009). The company’s innovation towards designing the right product to attract