Sunday, May 24, 2020

Coca Cola Ethical Issues Essay - 1246 Words

The purpose of this paper is based on the number of ethical issues that Coca Cola has had within the past decades. The company has been accused of a number of unethical behaviors that had to do with the safety of their products, financial issues, also a contamination scare in 1999, and issues based on their competition. They were also accused of racial discrimination, distribution of additional goods being sent out to suppliers before the quarter ended, also known as channel stuffing. Other ethical issues Coca-Cola had were exhaustion of water usage in India and contamination of the water and an oversight in their supply chain, issues with unions and health issues. Many investors in Coca- Cola felt the hindrance of the company and†¦show more content†¦These companies remain cordial to each other even with the ugly fights and the accusations of the anticompetitive behaviors. When Pepsi decided to focus on other products for their company such as snack foods and fruit juic es, their market shares went up and surpassed Coca-Cola during 2008, (Daniels 2014). Coke in the other hand increased in their market shares sometime in 2013 and came in to be the fourth in the Fortunes most admired business and fifteen in the Corporate Magazine’s 100 best, while Pepsi ranked number 43. (Daniels 2014). There were many crises that Coca-Cola faced, but one of the most harmful crises was the contamination scare, which occurred sometime in June 1999, when children from Belgian became severely ill after drinking the soft drink coke. Even though there was a recall on the product, which was pretty much isolated, the issue continued to increase and that was when the Belgian government became involved and put a recall on all Coca-Cola products. The Netherlands and Luxembourg also decided to discontinue the Coca-Cola products. Later France claimed that there were about one hundred ill people after drinking the product; although there was a slow process for coke t o investigate they determined that the issue for their illness resulted from a bad batch of coke products that had carbon dioxide because of improper processing. Poland also claimed contamination of coke products thatShow MoreRelatedThe Ethical Issues That Coca Cola Inc.1273 Words   |  6 PagesAbstract In this Project Management essay, I am going to be talking about the ethical issues that Coca-Cola Inc. faced in the past several years. How the biggest world wide soft drink company faced Racial discrimination allegations, inflated earnings related to channel stuffing, and trouble with the distributors. I’ll be reviewing the consequences of all these actions, and how they recovered. Analysis Coca-Cola is a world wide know soft drink beverage organization. Started by aRead MoreCoca Cola Company Struggles With Ethical Issues Essay1502 Words   |  7 Pages The coca-cola company struggles with ethical issues Name Institution Coca-cola boasts of being the world’s largest beverage company serving approximately one billion customers daily. The most dominant products distributed by Coca-cola are Coke, Fanta, Sprite and Diet Coke. This strategy is aimed at ensuring that every customer gets satisfied whenever they use a Coca-cola brand. Coca-cola has large distributions across the globe making it the largest distributor in the world. The late Roberto GoizuetaRead MoreGreed And The Coca Cola Company1379 Words   |  6 PagesNathaniel Shoemaker English, 1020 Composition Professor, Brandi Homan 11 October 2014 Greed and the Coca-Cola Company Critical Framework . Today, the Coca-Cola Company is the biggest soft drink corporation on the planet. It accounts for about 44 percent of soft drink sales market in the United States and the company spends on average $3 billion on advertising annually (Smith). Coca-Cola is one of the most iconic brands of century promoting itself as the drink of freedom, choice, and US patriotismRead MoreMcdonald s The Best Food Retail Brand Of The World Essay1222 Words   |  5 Pagesdistributors by improved and effective economical, ethical and environmental factors. Corporate social responsibilities Macdonald managed to implement efficiently its CSR strategies to pursue their future business goals.in case of food quality MacDonald continuously promotes their food as healthy diet. According to some researcher’s fast food in not good for heath and can lead to obesity, heart or many diseases but MacDonald overcome this issue by delivering their fast food without containing cholesterolRead MoreThe Ethics Of Business Ethics1349 Words   |  6 Pagesspeaking of business ethics, in this essay I will be writing about advertising ethics. Advertising is practically unavoidable in today s world, we see it in the streets, shops, magazines, television, on the internet, hear it on the radio. In this essay I will describe two ethical issues in advertising, show why business leaders need to remember to launch ethical campaigns and also have and look into some examples from the business world. To understand what ethical advertising is we must familiariseRead MoreCoca-Cola International Case Negotiations in India1558 Words   |  6 Pagesï » ¿Coca-Cola International Case Negotiations in India Coca-Cola International Case Negotiations in India Introductions When doing business abroad companies face a lot of differences. Ever since the Coca Cola Company started operating in more 200 nations, it started facing many challenges. This is exemplified by general instances and by exactly comparing, the circumstances in the United States, as the headquarter, and China, as a host, throughout the period of 1995-2008. The insinuation of internationalizationRead MoreCorporate Social Responsibility : Csr1927 Words   |  8 PagesResponsibility is the most widely accepted. This model was put forward by Dr. Archie B. Carroll, a business management professor, in 1979. According to Carroll (cited by the BPP Learning Media, 2015), there are four levels of CSR, namely, the economic, legal, ethical and philanthropic perspectives. A company’s economic responsibility, which is also the fundamental responsibility, is to be profitable, which means it should generate long term profits for its shareholders. Besides, the company should also provideRead Mor eCorporate Social Responsibility ( Csr )934 Words   |  4 Pagesthe CSR ranking. Consequently, business managers in various countries may treat CSR as an inevitable priority (Porter Kramer, 2006). Nevertheless, CSR is still a controversial issue in the world. Some businesses are struggling to balance corporate and social aims due to the growing societal attention in CSR. This essay will compare and contrast arguments in favour of and against CSR from the perspective of firms. Main Body Majority of businesses believed that CSR can improve firm’s profitabilityRead MoreA Review on the Social Performance of Coca-Cola Essay3218 Words   |  13 PagesCommunication in Business 100 Semester 1, 2010 - Bentley Assessment 1: Critical Essay A Review on the Social Performance of Coca-Cola (Word count: 1787 words)   Ã‚  Ã‚  Ã‚   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 ofRead MoreCorporate Social Responsibility : Csr1292 Words   |  6 Pagesthe CSR ranking. Consequently, business managers in various countries may treat CSR as an inevitable priority (Porter Kramer, 2006). Nevertheless, CSR is still a controversial issue in the world. Some businesses are struggling to balance corporate and social aims due to the growing societal attention in CSR. This essay will compare and contrast arguments in favour of and against CSR from the perspective of firms. Majority of businesses believed that CSR can improve firm’s profitability and value

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.