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Comparison of Mission and Vision Statements: Pepsico Inc vs Coca-Cola Ltd

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Added on  2023-04-21

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This assessment compares the mission and vision statements of Pepsico Inc and Coca-Cola Ltd, analyzing their core values and focus. It also discusses the importance of mission and vision statements in guiding organizational activities and decision-making.

Comparison of Mission and Vision Statements: Pepsico Inc vs Coca-Cola Ltd

   Added on 2023-04-21

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Running head: FINANCE
Finance
Name of the Student:
Name of the University:
Author’s Note
Comparison of Mission and Vision Statements: Pepsico Inc vs Coca-Cola Ltd_1
1
FINANCE
Introduction
The assessment considers the mission and vision statement of two companies which are
engaged in the business of supplying beverages. The companies which are selected for this
assessment are Pepsico Inc and Coca-Cola Ltd. The assessment aims to make a comparison
between the mission and vision statement among the two selected companies and determine the
core values which are associated with the company. The assessment would also be assessing the
focus of the management of both the companies while formulating the mission and vision of the
companies.
Discussion
The main purpose of vision statement is to effectively formulate a plan for achieving
long-terms goals of the business and also for strategic decision making of the business. The
vision statement of Pepsico Inc focuses on achieving top-tier financial performance with
sustainability and ensure that the business also positively responds to the corporate social
responsibilities of the business (PepsiCo Home., 2018). On the other hand, the vision statement
of Coca-Cola company aims at achieving quality growth along with sustainability. In addition to
this, the business aims to provide the world with new variety of beverages and thereby enhance
the profitability and productivity of the business (Kosmützky & Krücken, 2015).
The mission statement of both the companies are also related to the strategic decision-
making process and are aimed towards achieving the long-term goals of the business. The
mission statement of Pepsico Inc aims to serve the customers with the best quality of food
products and beverages which can be healthy, convenient and affordable. The mission statement
of Coca-Cola aims to make a difference in the world and introduce new products in the market
Comparison of Mission and Vision Statements: Pepsico Inc vs Coca-Cola Ltd_2

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