on the Social Performance of Coca-Cola (Word count: 1787 words) Corporate Social Responsibility: An examination of the performance of Coca-Cola Coca-Cola is a brand that needs no introduction; being in existence since 1886‚ it has since grown into one of the world’s most powerful brands. Over the years‚ as Coca-Cola grew larger‚ so did the number of stakeholders; thus increasing the importance of upholding the principles of corporate social responsibility (CSR). Because 96% of Coca-Cola’s
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The review of the Social Performance of Coca Cola Coca Cola is the world largest beverage company at the moment (Food and Beverage Close-Up 2010). Being a large and well known company‚ They have several responsibilities and obligations to both the society and stakeholders. Social responsibilities means that business should oversee the operations of the economy which fulfill the public expectation (Steiner 1971). Most businesses primary focus is to make profits and staying ahead of their competitiors
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Corporate Governance The Coca-Cola Company is committed to sound principles of corporate governance. The Board is elected by the shareowners to oversee their interest in the long-term health and the overall success of the business and its financial strength. The Board serves as the ultimate decision making body of the Company‚ except for those matters reserved to or shared with the shareowners. The Board selects and oversees the members of senior management‚ who are charged by the Board with conducting
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Analysis 6 #1 – Organizations and Organizational Effectiveness 6 #2 – Stakeholders‚ Managers‚ and Ethics 9 #4 – Organizational Design 10 #5 – Designing Organizational Structure: Authority & Control 13 #6 – Designing Organizational Structure: Specialization & Coordination 15 #3 – Managing in a Changing Global Environment 16 #8 – Organizational Design & Strategy 19 #7 – Creating & Managing Organizational Culture 21 #9 – Organizational Technology 21 #11 – Organizational Transformations: Birth et al
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Reputation 2.0: The role of social media in corporate reputation - Case Nokia International Business Communication Master ’s thesis Antje Grützmacher 2011 Department of Communication Aalto University School of Economics AALTO UNIVERSITY SCHOOL OF ECONOMICS International Business Communication Master’s Thesis Antje Grützmacher ABSTRACT 25 March 2011 Reputation 2.0: The role of social media in corporate reputation – Case Nokia Objectives - The objective of this study was to examine
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Does Corporate Social Responsibility Affect Firms’ Performance?1 Laura Poddi2 Sergio Vergalli3 July 28‚ 2008 Abstract In the last two decades in the OECD countries there have been a raising development of firms certified as Social Responsible (CSR is the acronym of Corporate Social Responsibility). This kind of certification is assigned by private companies that guarantee that the behaviour of a certain firms environmentally and sociologically correct. Some papers (among others Preston
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Coca-Cola In 1892‚ Candler set out to incorporate a second company; "The Coca-Cola Company" (the current corporation). When Candler had the earliest records of the "Coca-Cola Company" burned in 1910‚ the action was claimed to have been made during a move to new corporation offices around this time. After Candler had gained a better foothold of Coca-Cola in April 1888‚ he nevertheless was forced to sell the beverage he produced with the recipe he had under the names "Yum Yum" and "Koke". This was
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On Tuesday‚ April 23‚ 1985 The Coca Cola Company announced that it would change the formula of its flagship soft drink; a formula that had been America’s favorite for 100 years. Kansas newspaper editor William Allen White said‚ “Coca Cola is the sublimated essence of all that America stands for. A decent thing honestly made [and] universally distributed.” (As cited in Oliver‚ 1986‚ p.4) How could Coca Cola have tampered with the taste of a drink that was distributed to 155 countries and consumed
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What is Corporate Social Responsibility (CSR) and Sustainable Business? A Definition of CSR Corporate Social Responsibility (CSR)‚ Corporate Responsibility (CR) or Sustainable Business are commonly heard‚ but rarely understood‚ phrases. So what does it all mean? CSR is the process of assessing an organization’s impact on society and evaluating their responsibilities. CSR begins with an assessment of a business and their: * Customers * Suppliers * Environment * Communities
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To what extent does Corporate Social Responsibility beneficial to a company’s performance? Hot debates were arose everywhere in the society about the extent of Corporate Social Responsibility (CSR). Mallen Baker (2004) states that CSR is about how companies manage the business processes to produce an overall positive impact on society. Supporters of CSR claim that Businesses and Corporations are not only about making money especially for big business. They should show social responsibility‚ moral
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