Tuesday, December 24, 2019
Why Do We Have Dreams - 790 Words
The reason behind dreaming has still not been scientifically proven, but there are many theories and religious beliefs as to why people dream at night. Theorists, such as Sigmund Frued, devoted their time to peoples dreams and observing them while they dream and sleep. These scientists have discovered that people are most likely to dream during the Rapid Eye Movement (REM) stage of sleep than any other stage because the mind is more aware then. There are theories that say that dreaming can predict the future, show past memories, or is just pure entertainment while sleeping. Theorists have been trying to determine the cause behind our dreaming when we sleep for thousands of years. In ancient civilizations, the people believed that dreams were messages sent to them from the gods. Throughout the late 1800s and early 1900s, Sigmund Freud believed that we dream to make sure that we are able to sleep through the night. Scientists have begun to do more studies on the brain while a person is sleeping and have been trying to find a reason as to why we dream. Sigmund Freuds theory about dreams says that the humans mind is made up of three parts: Id, Ego, and Super-Ego. The Id, which we are born with, is the part of the mind that acts on instinct and makes sure that we are satisfied. The Ego, which we develop as toddlers, brings us to reality and shows us that other people have feelings and needs too. The Super-Ego, which is developed by age five, is the portion of our mindShow MoreRelatedDreams: Carl Jung and Sigmund Freud Essay1174 Words à |à 5 Pagesââ¬Å"Dreams are a series of images, ideas, emotions, and sensations occurring involuntarily in the mind during certain stages of sleep.â⬠This is the true definition of what dreams are according to Free Dictionary.com. Although many people are unaware of how dreams actually work there are two psychologists that have been able to pinpoint the true meaning of dreams. These two men are Carl Jung and Sigmund Freud. There are many different perceptions on how people dream, what dreams mean, and why peopleRead MoreDreaming from Various Sources1456 Words à |à 6 Pagesthe usefulness of dreams. This paper will also take time to explain what a dream is, when dreams happen, and what their potential purposes may be. To start this paper, we first must understand what a dream is. According to the Merriam-Webster dictionary, a dream is a series of thoughts, images, or emotions occurring during sleep. Dreams take the things we see during our waking hours and translate them into unique, sometimes horrifying, and possibly meaningful ways. Dreams could also be representationsRead MoreDreaming Is Something We ve All Experienced While Sleeping1565 Words à |à 7 Pagessleeping. Our dreams are produced by an altered state of consciousness, in which images and fantasies become mixed with reality. We all experience dreams that range from the pleasant and the not so pleasant or nightmares. Dreaming is still largely a mystery to science, as experiments are conducted to figure out why we dream and how dreams function. We do know one thing for sure, that everyone dreams unless in the rare case they are prevented by meditation or a brain injury. Dreams occur in twoRead MoreThe Purpose of Dreams1235 Words à |à 5 Pages Dreams are a very ponderous things. Simply saying, dreams are a stream of images, sounds, and the actions of something; like a movie. But never have dreams been able to be explained. The Greeks and Romans claimed that dreams were signs from their gods and had prophetic magic (www.scientificamerican.com). Even though the purpose of dreams has not been discovered, a huge movement in the study of dreams occurred at the end of the nineteenth century. In 1952, scientists in Chicago discoveredRead MoreInformative Speech on Dreams Essay1666 Words à |à 7 Pagesaudience on dreams Intro: Can you remember the last dream you had? Maybe you could fly or were falling down an endless dark tunnel. Perhaps you were awakened by a horrific dream in the middle of the night. If any of you are like me you experience vivid dreams. I would like to start by share one of my dream experiences with you all. About two months ago I had a dream that my boyfriend was cheating on me, now I know all you girls and guys can relate to this. I wake up in the morning with my dream stillRead MoreAmerican Dream : Resources And Competency Are Recipes For Success Essay1587 Words à |à 7 PagesAmerican Dream: Resources and Competency are Recipes for Success American Dream as defined by Merriam-Webster online as ââ¬Å"an American social ideal that stresses egalitarianism and especially material prosperity.â⬠What is the American Dream to you? Is it having a stable and a high-paying job? How about owning a beautiful house, car, and bank account? Perhaps, your definition of the American Dream is being the founder and owner of a multi-billion dollar business empire that has businesses in everyRead MoreDream Should Be Seen As A Prophecy1137 Words à |à 5 Pageshistory there have been many theories about dreams. One of them was that dream should be seen as a message coming from outside individual, mostly from God like creatures. And another theory is that dream should be seen as a prophecy, being able to tell us what awaits for us in the future. These theories are prescientific so today we don t view dreams this way. Freud then came along and proposed that dreams reflect a conflict between the unconscious desires and the conscious mi nd. So, dreams are mostlyRead MoreThe United States And The American Dream1451 Words à |à 6 PagesThe United States has always been known for having the American Dream, which is why many people come here to see what it is all about. In the last few years, many people do not know what the American dream is turning into because of the decline of jobs and different social structures are obstructing this dream. Many people are working multiple minimum wage jobs these days to try and make ends meet because they do not hold the skills or the qualification to work anywhere else that pays better. TheRead MoreDreams And Dreams1729 Words à |à 7 Pagesinterpretations and true meanings of dreams has expanded and has varied over centuries and cultures. Many of the earlier studies were based on cultureââ¬â¢s and the interpretation of dreams, but also used as a form of prophecy, inspiration, and guidance. Many people still believe this such, people today beliefs and theories have opened u p to a more vast interpretation, they are made up of; dreams are rare brain activity, dreams allow people to reflect on themselves, or that dreams are too massive to be correctlyRead MoreTaking a Look at Sleep Paralysis690 Words à |à 3 Pagesbetween the state of rest and awakening; often seeing troubled things. Since when I was young I would have some experiences with sleep paralysis. Due to the unusual experiences, I became interested to research the topic and took my time to read about it more. Sleep paralysis, occurs with the most normal sleeper, so itââ¬â¢s possible it can happen to you. What Iââ¬â¢m really trying to get across is, why not educate yourself with it now, so youââ¬â¢ll be more aware when it does happen. Sleep Paralysis can be
Monday, December 16, 2019
Coke Wars Case Study Free Essays
Coke Wars Case Analysis: Competition, Strategy, and Implications Webster University Summer 2012 INTRODUCTION The rivalry between Coca-Cola Pepsi can be deemed as legendary, ââ¬Å"the top soft drink competitors in the world spend millions of dollars yearly to try and convince you that their version of soft drink is betterâ⬠(Dotson pg 1). Over the past century, it seems they have feuded over everything from who has superior taste, to the pursuit into space, and more recently over NASCAR and the social media race. Regardless of who is ahead in the competition, the battles between Coca-Cola Pepsi demonstrate important strategic adaptations that the corporations must execute so as to thrive in the constantly changing realms of customer satisfaction, business environments and technology. We will write a custom essay sample on Coke Wars Case Study or any similar topic only for you Order Now This paper will: 1) review the strategic issues presented in the ââ¬Å"Coke Warsâ⬠case through the use of the Strategic Management Model as applied to both Coca-Cola Pepsi; 2) highlight fundamental strategies tactics so as to analyze the inherent competition between both corporations; and finally 3) discuss implications of concepts presented in the case for the middle manager so as to grasp lessons learned for future application. STRATEGIC MANAGEMENT MODEL (SMM) The text describes strategic management as ââ¬Å"the set of decisions and actions that result in the formulation and implementation of plans designed to achieve a companyââ¬â¢s objectivesâ⬠(Pearce, Robinson pg 3). With this definition in mind then, the Strategic Management Model can be considered as a very useful framework by which managers plan and implement business strategies. More importantly, in todayââ¬â¢s global business environment ââ¬Å"firms need perfect processes that respond to increases in the size and number of competing firms; to the expanded role of government as a buyer, seller, regulator, and competitor in the free-enterprise system; and to greater business involvement in international tradeâ⬠(pg 3). Furthermore, while ââ¬Å"businesses vary in the processes they use to formulate and direct their strategic management activitiesâ⬠¦the basic components of the models used to analyze strategic management operations is similarâ⬠(pg 9). In reaction to internal and external environmental business/economic pressures Coca-Cola Pepsi have manipulated the SMM in various ways so as to remain viable/powerful competitors in their respective industry. Coca-Cola Model Application According to the Coca-Cola Companyââ¬â¢s Annual Report 2011, they are ââ¬Å"the worldââ¬â¢s largest beverage companyâ⬠¦with more than 500 nonalcoholic beverage brandsâ⬠¦own the worldââ¬â¢s top five nonalcoholic sparkling beverage brandsâ⬠¦products bearing their trademarks, have been sold in the United States since 1886, and are now sold in more than 200 countriesâ⬠(pg 1). Coca-Colaââ¬â¢s report to shareholders reveals that they are continuing to remain competitive in the beverage/snack industry due to a multitude of intelligent strategic decisions. When analyzing Coca-Cola from the Strategic Management Model perspective one can determine that while the internal/external environment will always remain unpredictable, the development of viable plans/processes can assist a corporation in remaining flexible and responsive to necessary change. Coca-Colaââ¬â¢s Mission is ââ¬Å"to refresh the worldâ⬠¦inspire moments of optimism and happinessâ⬠¦create value and make a differenceâ⬠(Annual Report Mission, Vision, and Values). Their current goals are ââ¬Å"to use company assetsââ¬âbrands, financial strength, unrivaled distribution system, global reach and the talent and strong commitment of management and associatesââ¬âto become more competitive and to accelerate growth in a manner that creates value for shareholdersâ⬠(pg 1). Overall, the mission statement is quite powerful and accurately ââ¬Å"describes the companyââ¬â¢s product, market, and technological areas of emphasis in a way that reflects the values and priorities of the strategic decision makersâ⬠(Pearce, Robinson pg 10). With respect to Internal Analysis, the corporation has identified its ââ¬Å"operating structure as the basis for financial reportingâ⬠and is broken down into 7 different operating groups (Annual Report pg 2). The method for financial reporting is important because this is where/how investors and executives alike assess the ââ¬Å"quantity and quality of the companyââ¬â¢s financial, human, and physical resourcesâ⬠¦and contrasts companyââ¬â¢s past successes and traditional concerns with the companyââ¬â¢s current capabilitiesâ⬠(Pearce Robinson pg 11). Coca-Colaââ¬â¢s Annual Report is well designed, informative, and relatively easy to read as well. An important internal analysis factor of note is that of leadershipââ¬âCEOââ¬â¢s and Board members alike must adequately analyze the direction/vision of the corporation so as to not become ââ¬Å"fixated upon past gloriesâ⬠¦instead embracing new opportunitiesâ⬠(Ward pg 3). The External Environment that the company experiences is one full of pressures to include: extreme competition, distribution system management challenges, and social responsibility struggles. Additional competitive factors include those of ââ¬Å"but not limited to pricing, advertising, sales promotion programs, product innovation, increased efficiency in production techniques, the introduction of new packaging, new vending and dispensing equipment, and brand/trademark development protectionâ⬠(Annual Report pg 8). Concerning Strategic Analysis and Choice, Coca-Cola can be considered as ââ¬Å"effective at building sustainable competitive advantage based on key value chain activities and capabilitiesâ⬠(PR pg 11) and have identified their bottling operations as equity method investments. The ââ¬Å"investments are intended to result in increases in the unit case volume, net revenues and profits at the bottler level, which in turn generate increased concentrate sales for the company concentrate and syrup businessâ⬠¦when this occurs both the corporation and the bottling partners benefit from long-term growth in volume, improved cash flows, and increased shareholder valueâ⬠(AR pg 7). The Long-Term Objectives should reflect areas such as ââ¬Å"profitability, return on investment, competitive position, technological leadership, productivity, employee relations, public responsibility, and employee developmentâ⬠(PR pg 11). According to the provided case materials, the company has strong goals for the future and ââ¬Å"has transformed into a more innovative, risk taking companyâ⬠¦becoming more adventurous in responding to changes in the beverage market for healthier alternativesâ⬠so as to respond to customer desires, technology, and competitive environment (Ward pg 3). Coca-Colaââ¬â¢s Generic Strategy is that of differentiation, making their products superior to those in the industry, ââ¬Å"by stressing the attribute above other product qualities, the firm attempts to build customer loyaltyâ⬠(PR pg 158). Their Grand Strategies can be defined as concentrated growth, market development, product development, innovation, vertical integration, turnaround, and strategic alliances. Coca-Cola is increasingly globalized and their Generic and Grand strategies seem to be creating valuable success for the corporation ââ¬Å"and is transforming into a more innovative, risk-taking companyâ⬠(Ward pg 2). Short Term Objectives for the corporation involve effective marketing strategies that appeal to existing customers and new clientele as well. They have embraced social media, the health craze and more recently the 2012 Olympics to successfully reach an increasingly global audience. In fact, ââ¬Å"Cokeââ¬â¢s strongest performance has been experienced in emerging markets in Russia, China, and Brazil, and has also improved its position in North America and Europe as wellâ⬠(pg 3). Action Plans are incorporated and employed globally by executives and managers alike at Coca-Cola and those plans are laid out in the Annual Report. Everything from distribution systems, bottling methods, responses to competition, raw material acquisition, and investment plans are outlined which provides exact methods by which the corporation plans to remain a viable player in the industry. In sum they plan to ââ¬Å"use the Companyââ¬â¢s assetsââ¬âbrands, financial strength, unrivaled distribution system, global reach and the talent and strong commitment of management and associatesââ¬âto become more competitive and to accelerate growth in a manner that creates value for shareholdersâ⬠(Annual Report 2011 pg 1). Functional Tactics used by the corporation to achieve short term goals and attain competitive advantage include adoption of marketing strategies that appeal to not only health conscious customers but to a global audience. In fact ââ¬Å"Coke is bringing out mid-calorie versions of some of its brands like Sprite and Fanta, and is teaming up with Grammy award winner Mark Ronson for its 2012 London Olympics anthemâ⬠(Hernandez pg 1). Additionally, Coke ââ¬Å"continues to focus on selling soft drinks globally and even vows to rebuild Coke sales in the US marketâ⬠through focusing upon non-carbonated sports drinks such as PowerAde, Aquarius, and Fuze (Dââ¬â¢Altoro pg 2). Coca-Cola absolutely has Policies That Empower Action as demonstrated by the information contained in the Annual Report and via their website: ââ¬Å"Work Smart: Act with urgency, remain responsive to change have the courage to change course when needed, remain constructively discontent, and work efficientlyâ⬠(Coca-Cola Website pg 2). The ââ¬Å"work smartâ⬠mentality allows for decisions to be made whenever possible at the lowest level of the corporation. Organizational Structure is segmented into the following areas: ââ¬Å"Eurasia and Africa, Europe, Latin America, North America, Pacific, Bottling Investments, and Corporateâ⬠(Annual Report pg 2). Coke is predominantly organized into an international area structure that allows for operational efficiency and regional competitiveness. However Coca-Cola faces the additional struggle of remaining socially responsible to societies and environments in which it operates and has faced several legal implications with respect to human rights issues in South American Bottling plants (FRONTLINE). Nonetheless Coca-Cola reiterates that ââ¬Å"despite the volatile environment, the company and its bottling partners have maintained operations and worked to provide safe, stable economic opportunitiesâ⬠for the people in nations that they operate in (FRONTLINE). Strategic Control and Continuous Improvement is facilitated by Coca-Colaââ¬â¢s organizational structure, leadership, and 2020 Vision campaign. In fact their website reiterates that in order ââ¬Å"to continue to thrive as a business over the next 10 years and beyond, they must look ahead, understand the trends and forces that will shape their business in the future and move swiftly to prepare for what is to comeâ⬠(Coca-Cola Website). This statement reveals that the corporation is committed to ââ¬Å"detecting changes and making necessary adjustmentsâ⬠¦in strategy that allows their organization to respond more proactively and timely to rapid developments thatâ⬠inherently affect ultimate success. Pepsi Model Application Much like Coca-Cola, Pepsiââ¬â¢s Mission statement is very clear, concise and purposeful ââ¬Å"Captivate consumers with the worldââ¬â¢s most loved and best-tasting convenient foods and beverages through the use of its strengths: Brand Image, Positioning, Innovation, Distribution Capabilities, Productivity Focus, Human Capital and Purposeful Performanceâ⬠(Pepsi Annual Report). Pepsi also reiterates that being socially responsible is of utmost importance and ââ¬Å"commitment to do right for the business by doing right for people the planetâ⬠effectively creates a ââ¬Å"catalyst for business growth and innovation, enabling them to be financially successful and globally responsibleâ⬠(Pepsi Annual Report). As covered in the Letter to Shareholders the CEO, Indra Nooyi, reveals the Internal Analysis of Pepsi Co. to be that of ââ¬Å"strong progress and on a core basis net revenue was up 14% for 2011â⬠(Pepsi Annual Report). This success was due to improvements n the following areas: ââ¬Å"investment in emerging markets, brand management, research and development, differentiation, efficiency and global operating structure to fully leverage the scale of PepsiCoâ⬠(Pepsi Annual Report). PepsiCo is most certainly proud of their improvements and strategic focus but also realizes that the creation of ââ¬Å"an adaptive team and cultureââ¬â one that can continually renew itself and thrive on changeâ⬠¦performing today while transforming for tomorrowâ⬠is necessary for success into the future and believes that their ââ¬Å"best days are yet to comeâ⬠(Pepsi Annual Report). Pepsi experiences similar External Environmental conditions to that of Coca-Cola. Intense competition, globalized marketplace, social responsibility, and economic conditions all affect the strategies that PepsiCo decides to implement. Additionally, Pepsi must allocate its attention to not only the beverage industry but to their global snack line as well; which while designed to be complimentary can prove to have possible negative effects when considering the volatility of each of these industries. The Strategic Analysis and Choice, that Pepsi has selected, much like Coca-Cola can be considered as effective. In order to gain a sustainable competitive advantage Pepsi is ââ¬Å"pursuing specific strategic investment and productivity initiatives to build a stronger, more successful company through global brands, innovation, and advertising/marketing campaignsâ⬠(Pepsi Annual Report). As mentioned earlier, the following areas are of importance in Pepsiââ¬â¢s strategic analysis/choice: Brand Image, Positioning, Innovation, Distribution Channels, Productivity, Human Capital and Social Responsibility. As the report outlines, Pepsiââ¬â¢s Long-Term Objectives support increasingly globalized operations, global brand recognition, public responsibility, and industry leadership in beverages and snacks. In fact Pepsi was the first to realize the customer shift to healthier lifestyles and responded before Coke ââ¬Å"to changes in the beverage market as consumers shifted from fizzy drinks to healthier alternativesâ⬠(Ward pg 3). Furthermore ââ¬Å"Pepsiââ¬â¢s new strategy: Better-For-You Productsââ¬âcomes down to health concerns and being socially responsible whereâ⬠¦lifestyles have changedâ⬠¦and Pepsi has modified its productsâ⬠(Dââ¬â¢Altorio pg 1). Pepsiââ¬â¢s Generic Strategy, like that of Coca-Cola, is that of differentiation. This is why the Cola Wars have been so pervasive and prevalentââ¬âthey both are striving to make their products superior to those of the competition. Their Grand Strategies can also be identified as concentrated growth, market development, product development, innovation, vertical integration, turnaround, joint ventures, divestiture and strategic alliances. Additionally, Pepsi is becoming more globalized in nature and their Generic and Grand strategies reflect this: ââ¬Å"they are a $66 billion global powerhouse focused upon two complementary businesses with attractive growth margins and returnsââ¬âglobal snacks and global beveragesâ⬠to achieve global nutrition achievements worldwideâ⬠(Pepsi Annual Report). Pepsiââ¬â¢s Short Term Objectives are focused upon investment in their global brand management and streamlining distribution methods so as to attain measurable efficiency. In fact last year three brandsââ¬âDiet Mountain Dew, Brisk and Starbucks ready to drink beveragesââ¬âhad each grown to more than $1 billion in annual retail sales, expanding PepsiCoââ¬â¢s portfolio of billion dollar brands to 22â⬠(Pepsi Annual Report). Their distribution methods remain largely ââ¬Å"unmatchedâ⬠¦and in 2011 they successfully changed distribution for Gatorade products in the US in the convenience and other channels from a warehouse-delivered-go-to-market system to DSD, in order to more efficiently serve customersâ⬠(Pepsi Annual Report). Much like Coca-Cola, Pepsiââ¬â¢s Action Plans are employed globally and specific intentions are revealed in the Annual Report. The difference is however that Pepsi has two industries upon which it has to contend with: beverages AND snacks. Their action plan for 2012 and beyond stresses five imperatives: ââ¬Å"1) build and extend macro-snacks portfolio globally; 2) sustainably and profitably grow its beverage business worldwide; 3) build and expand the nutrition business; 4) increase and capitalize on the high coincidence of snack and beverage consumption; 5) ensure prudent and responsible financial managementâ⬠(Pepsi Annual Report). Functional Tactics used by Pepsi so as to achieve its short term goals/competitive advantage include marketing strategies and socially responsible business practices that reach a more global audience. Adopting the responsibility of ââ¬Å"Global Nutritionâ⬠demonstrates Pepsiââ¬â¢s commitment to a healthier population and have ââ¬Å"developed new strategies with new soft drinks which will catch on to part of the public that is the new health crazeâ⬠(Dotson pg 2). The development of products such as Gatorade G2, which is low in calorie than the regular sports drinks, and Propel demonstrate that Pepsi in focused upon innovative products that cater to the health conscious customer needs/wants. As revealed by the Annual Report, Policies That Empower Action for Pepsi begins with the ââ¬Å"Power of One conceptâ⬠¦operating as one company to connect with consumerâ⬠¦innovating globally, delighting locallyâ⬠¦ and performance with purposeâ⬠to achieve sustained growth and success. While Pepsi has many difficulties to confront with respect to competition, multiple industries, and internal/external economic stressors; they are continuing to adapt to their environments and reiterate that ââ¬Å"the challenge to renew a successful company is one that they embraceâ⬠(Pepsi Annual Report). Pepsiââ¬â¢s Organizational Structure is segmented ââ¬Å"into four business units: 1) PepsiCo Americaââ¬â¢s Foods; 2) PepsiCo Americaââ¬â¢s Beverages; 3) PepsiCo Europe; 4) PepsiCo Asia, Middle East, Africaâ⬠(Pepsi Annual Report). Pepsiââ¬â¢s structure allows for certain control and efficiencies both nationally and globally in the beverage and snack industries. In addition Pepsi has standardized the reportable segments of each business so as to allow for appropriate analysis and competitive advantage measurement by region. With respect to Strategic Control and Continuous Improvement, Pepsiââ¬â¢s organizational structure, leadership, and Power of Pepsi campaign reveal that the corporation is committed to remaining a sustainable competitor well into the future. Furthermore, ââ¬Å"as they look ahead they are positioning their company for sustainable growth by building its brands around the globe, bringing innovative products to the marketplace, capitalizing on the coincidence of consumption of snacks and beverages, unleashing the full potential of its global scale and ensuring that PepsiCo continues to be a best place to workâ⬠embodies ways in which Strategic Control and Continuous Improvement are going to be accomplished. ANALYSIS IMPLICATIONS FOR MIDDLE MANAGERS The strategic models that each corporation adopts are similar but produce different levels of success for each organization. Both Coke and Pepsi have adopted aggressive marketing strategies and have struggled amongst one another to develop superior products and attain customer share maximization. Competition, while at times can be frustrating for the organization, in this case has allowed for the creation of better products and increasingly globalized operations resulting in inherent successes for both organizations. The Cola-Wars have been existent for quite a while, but as this point in time it can be said that Coca-Cola is the leader in the beverage industry segment ââ¬Å"Pepsi was knocked into third place behind Coca-Cola and Diet Cokeâ⬠¦Coca-Cola sold 1. 6 billion cases of regular soda and 927 million cases of diet soda, while Pepsi sold only 892 million casesâ⬠(WIKIPEDIA). However, Pepsi is still remaining competitive globally through the realization that there are other industries upon which to capitalize and ensure sustainability into the future. In fact, ââ¬Å"as far as Pepsi is concerned the cola wars are over and needs to focus on convincing investors that it has the right focus in the new health kickâ⬠(Dââ¬â¢Altorio pg 2). While Pepsi is focusing upon ââ¬Å"Global Nutritionâ⬠they still need to realize that ââ¬Å"carbonated beverages still produce much of the companyââ¬â¢s sales and are still a key to Pepsiââ¬â¢s financial healthâ⬠(Dââ¬â¢Altorio). Into the future both Coca-Cola and Pepsi will prove to be viable competitors as revealed by their strategies/mission statements contained in their Annual Reports. The real key however, will be whether consumer demand remains in the carbonated beverage industryâ⬠¦if the tides somehow change, Pepsi will emerge as the victor due to their diversification strategyâ⬠¦one that has crossed channels and decided to create advantages with both beverages and snacks. The Cola Wars bring up important implications for middle managers in the form of strategic analysis, implementation, and adaptation. Organizational success depends ultimately upon the ability of the organization to connect with consumers by providing an array of options so as to meet consumer desires, needs and lifestyles and these principles are largely motivated by corporate leadership and direction. Furthermore, the talent of employees must be empowered by management so as to execute goals and objectives effectively. A corporationsââ¬â¢ assets ââ¬âbrands, financial prowess, distribution systems, global influence and the talents of employees must be effectively employed so as to become more competitive and to influence accelerated growth in manners that create value for customers, shareholders, and the company itself. CONCLUSION The Coca-Cola/Pepsi ââ¬Å"conflict has raged on for decadesâ⬠and has even been dubbed as the ââ¬Å"Battle of the Centuryâ⬠but has revealed in the process two corporations that have been successful in adopting strategies and processes so as to survive in the constantly changing, volatile business and economic environments representative of the current times. Coca-Cola and Pepsi will continue to face challenges into the future in the realms of economics, technology, and an increasingly globalized business environment. In effect, the corporation that is able to effectively exploit the new social media front of marketing strategy into the future will most likely end up as the frontrunner in most any industryâ⬠¦Ã¢â¬ Coke and Pepsi are amongst a multitude of companies buying into social mediaââ¬â¢s ability to strengthen their brandsâ⬠¦consumers are 55% more likely to recall ads that include social media components than non-social adsâ⬠¦consumers today are incredibly empowered and what used to work to get their attention now needs a bit more thoughtfulnessâ⬠(USA TODAY). This paper: 1) reviewed the strategic issues presented in the ââ¬Å"Coke Warsâ⬠case through the use of the Strategic Management Model as applied to both Coca-Cola Pepsi; 2) highlighted fundamental strategies tactics so as to analyze the inherent competition between both corporations; and finally 3) discussed implications of concepts presented in the case for the middle manager so as to grasp lessons learned for future application. Both Coca-Cola and Pepsi are on the right track as far as determining appropriate strategies to thrive in the environments in which they operate but the challenge into the future will be the appropriate analysis and adaptability in which to adequately respond to customer needs, economies of scale, and the dynamic business environment. CASE STUDY MATERIALS/REFERENCES 1) Frontline. Coca-Colaââ¬â¢s union troubles in Columbia; http://www. pbs. org/frontlineworld/fellows/colombia0106/; Retrieved: 3 July 2012. 2) Coca-Cola Annual Report. http://www. thecoca-colacompany. com/investors/annual_other_reports. html http://www. hecoca-colacompany. com/ourcompany/mission_vision_values. html 3) PepsiCo Annual Report. http://www. pepsico. com/Investors/Annual-Reports. html; Retrieved 4 July 2012. 4) Wikipedia. The Cola Wars; http://en. wikipedia. org/wiki/Cola_wars; Retrieved 2 July 2012. 5) Terhune, Chad. Coca-Cola trying to renegotiate its syrup contract with bottlers; ââ¬Å"Soda Rebellion: A Suit by Coke Bottlers Exposes Cracks in a Century-Old System; Serving Wal-Mart Is at Issue, But Spat Shines Spotlight On Local Businessesââ¬â¢ Role; The Brownesââ¬â¢ 84-Year Historyâ⬠; Wall Street Journal (Eastern edition). New York, N. Y. : Mar 13, 2006. p. A. Document URL: http://proquest. umi. com. library3. webster. edu/pqdweb? did=1001778801sid=2Fmt=3clientId=30323RQT=309VName=PQD Copyright (c) 2006, Dow Jones Company Inc. 6) Ward, Andrew. Can Coca-Cola recover? ; ââ¬Å"Last Stand of Cokeââ¬â¢s Old Guard Don Keough, 79, Seeks One More Year on the Boardâ⬠; Financial Times; London, England; 19-Apr-2006. 7) Ward, Andrew. Can Coca-Cola recover? ; ââ¬Å"Coke on Upward Pathâ⬠; Financial Times; London, England; 20-Apr-2006. 8) Pearce, Robinson. Management and Strategy; MNGT 5650; Webster University St Loius, MO; McGraw Hill: Copyright 2012. 9) Dotson, Horace. Pepsi vs Coke: The Battle of a Century; Yahoo; http://voices. yahoo. com. Retrieved: 07 July 2012. 10) Diaz, George. NASCAR Cola Wars Spark Frosty Fireworks at Daytona; http://articlesorlandosentinel. com/2012-07-06/sports/os-george-diaz-daytona-coke-pepsi-0. Retrieved 06 July 2012. 11) Hernandez, Karin. Pepsi vs. Coke: The Cola Wars. http://seekingalpha. com/article/600021-pepsi-vs-coke-the-cola-wars. Retrieved: 06 July 2012. 12) Snider, Mike. Social Media is Latest Front of Cola Wars; USA Today 30 April 2012. http://www. usatoday. com/tech/news/story/2012-04-30/pepsi-coke-social-media/54631902/ Retrieved 12 July 2012. How to cite Coke Wars Case Study, Free Case study samples
Saturday, December 7, 2019
Uniform Crime Reports free essay sample
National Incident Based Reporting System and the National Crime Reporting Survey are all major crime reporting systems here in the U. S. There are advantages and disadvantages to each reporting crime systems towards the law enforcement, victims, and criminals. There is a unique history on how it became and how it all started. These are poplars systems that will keep growing, but may fade in the background as other reporting systems may take its place.Uniform Crime Reports (CUR) include official information about criminal events that has been provided to the Federal Bureau of Investigation (FBI) from the law enforcement agencies that the said crime was first reported to. I-JAR programs has their advantages, citizens are notified of certain crimes in the area. For citizens who want to know crime rates in their area this is a good benefit. Mothers who are concerned for their children may also see crime rates in certain schools and neighborhoods hillier are walking through to get to school. We will write a custom essay sample on Uniform Crime Reports or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page However, this program is not always accurate which a down-side Is. Law enforcement agencies only report crimes that have been notified to them. Sexual assaults are reported more frequently then breaking and entering and robberies says statistics. There are disadvantages with I-JAR programs on how they define and report cases of people who are raped. When its a case of a man raping a women its only reported, but not when Its a man raped or same sex rape Is not reported In the program. Uniform Crime Reports free essay sample Uniform Crime reports, National Incident Based Reporting System and the National Crime Reporting Survey are all major crime reporting systems here in the U. S. There are advantages and disadvantages to each reporting crime systems towards the law enforcement, victims, and criminals. There is a unique history on how it became and how it all started. These are poplars systems that will keep growing, but may fade in the background as other reporting systems may take its place. Uniform Crime Reports (UCR) include official information about criminal events that has been provided to the Federal Bureau of Investigation (FBI) from the law enforcement agencies that the said crime was first reported to. UCR programs has their advantages, citizens are notified of certain crimes in the area. For citizens who want to know crime rates in their area this is a good benefit. Mothers who are concerned for their children may also see crime rates in certain schools and neighborhoods children are walking through to get to school. We will write a custom essay sample on Uniform Crime Reports or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page However, this program is not always accurate which a down-side is. Law enforcement agencies only report crimes that have been notified to them. Sexual assaults are reported more frequently then breaking and entering and robberies says statistics. There are disadvantages with UCR programs on how they define and report cases of people who are raped. When itââ¬â¢s a case of a man raping a women itââ¬â¢s only reported, but not when itââ¬â¢s a man raped or same sex rape is not reported in the program.
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