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Business At Work.

Extracts from this document...

Introduction

Unit 1 Business At Work By Jatinder Gada Contents Page Page 1: Introduction Page 2: Ownership of Coca Cola Page 3: Advantage of this type of ownership Page 4: Disadvantages of this type of ownership Page 5,6: Objectives of the business Page 7: Objectives of Coca Cola Page 8,9: Functional Area's Page10: Organizational Structure Page 11:Culture of the Business Page 12: Management Style Page 13: ICT Internal and External Communications Page 14: External ICT communications used by Coca Cola Page 15: How the organisation structure, culture and management style affect the business Introduction This unit is based on Business at work. The company I have chosen to write my report on is Coca Cola. Coca Cola is a well-respected company and one of the biggest companies in the world. Coca Cola was founded in 1886, which is over a century ago. The company is the worlds leading manufacturer, marketer and distributor of non-alcoholic beverage concentrates and syrups used to produce more then 230 beverage brands. Coca Cola corporate headquarters are located in Atlanta, with local operations in over 190 countries worldwide. What type of company is Coca Cola? Coca Cola is a public limited company. A public company has its shares bought and sold in the stock exchange. The main advantage of selling shares through the stock exchange is that large amounts of capital can be raised very quickly. The main disadvantage is that the original shareholders can lose control of the business if large quantities of shares are purchased in a big take over (51% of the entire shares) Coca Cola and its community Coca Cola has a promise to their customers. Their promise is short and very simple. "The Coca Cola Company exists to benefit and refresh everyone who is touched by their business. Fulfilling the promise means that everyday we have to live up to our values so that people continue to invite us into their lives we have to maintain our special place in local cultures, recognizing the difference between countries and regions. ...read more.

Middle

Person orientated culture Characterized by a focus on fulfilling the needs of individuals within the organization. This culture allows individuals freedom to shape their jobs and operate with a degree of independence. It is therefore appropriate when employees are highly motivated and skilled. The person orientated culture or people centered culture mayor exist within organizations staffed by professionals such as firms of accountants and lawyers. *Small informal flat organizations *Found mainly in professional organizations Change Culture A change culture can be highly valued in some circumstances. This culture is found in flexible, responsive organizations capable of adapting quickly to external stimuli. The culture is available advantage for a business operating in a highly competitive and rapidly changing market. However it is different culture to develop, as people do not respond well to change especially if it occurs regularly. Examples Internet companies market companies and fashion magazines, *Share brokers *Staff must be willing to change and adapt *Need to have finger on pulse of the market *Skilled staff Task Culture In some organizations, expert teams are assembled to deal with specific problems and complete projects. The focus is on solving problems. The importance in this culture is to expertise, flexibility and creativity. The culture supports firms such as management consultants where staff must handle management problems within other business to provide solutions to improve business. Structures to complete tasks Teams and team players important in the matrix structure Individual specialist to form teams High levels of job satisfaction Emphasis of providing solutions and getting the job done. Matrix structure is when you take people from different departments. Role culture is the culture that Coca Cola adopts. This is where all members have a defined job or role to carry out. Role culture is normally split up into a number of functions that are organized in a hierarchical way. Coca Cola would divide themselves into various functions like accounts, marketing and production. ...read more.

Conclusion

They cut the amount to a mere trace. Cocaine continued to be an ingredient in the syrup in order to protect the trade name "Coca-Cola": No one could take the simple step of eliminating the fluid extract of coca leaves from the formula. Candler believed that his product's name had to be descriptive, and that he must have at least some of the coca leaf in the syrup (along with some kola) to protect his right to the name Coca-Cola. Protecting the name was critical. Anyone could make an imitation. But no one could put the label "Coca-Cola" on an imitation so long as Candler owned the name. The name was the thing of real value, and the registered trademark was its only safeguard. Coca leaves had to stay in the syrup. How much cocaine was in that "mere trace" is impossible to say, but we do know that by 1902 it was as little as 1/400 of a grain of cocaine per ounce of syrup. Coca-Cola didn't become completely cocaine-free until 1929, but there scarcely any of the drug left in the drink by then: By Heath's calculation, the amount of ecgonine [an alkaloid in the coca leaf that could be synthesized to create cocaine] was infinitesimal: no more than one part in 50 million. In an entire year's supply of 25-odd million gallons of Coca-Cola syrup, there might be six-hundredths of an ounce of cocaine. So, yes, at one time there was cocaine in Coca-Cola. But before you're tempted to run off claiming Coca-Cola turned generations of drinkers into dope addicts,. When it first became general knowledge that cocaine could be harmful, the backroom chemists who comprised Coca-Cola at the time (long before it became the huge company we now know) did everything they could with the technology they had available at the time to remove every trace of cocaine from the beverage. What was left behind (until the technology improved enough for it all to be removed) wasn't enough to give a fly a buzz. ...read more.

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