This assignment delves into the core principles of management. It likely examines fundamental concepts such as planning, organizing, leading, and controlling, potentially exploring various management styles and theories. Students may be asked to analyze real-world examples or apply these principles to hypothetical situations.
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RUNNING HEAD: INTRODUCTION OF MANAGEMENT 1 Introduction of management Submitted by:
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Coca Cola Amatil2 Executive summary The report is based on the current and past strategies of Coca Cola Amatil. The company is able to create a distinguishing and optimistic part to the world. In this way the company is able to create a value for partners and guarantee sustainable growth and development.This helps in inspiring the business environment allowing a business to grow in a productive way. In order to gain an insight it is important for a brand to incorporate effective marketing strategies. These strategies act as a platform to deal with the issues an organization faces.They have formulated an effective plan that helps them in managing tasks. It is important to notice that CCA has incorporated a definite procedure helping in managing their goals. The report includes different strategies for which the brand is criticized in the past.There is a necessity to implement Education and physical activity programsin order to reduce the critical issues. It is important running certain programs to create awareness which is considered as the most criticized part of the strategies. Moreover, it is highly recommended for a brand todiversifying their needs, the company is providing customer diversification and real competitive advantage. It is evident to develop a concrete future insight to gain competitive advantage. The organizational structurehelp in managing the organization located at different places in an effective way.They have made improvement by directly promoting the product. Lastly, Recommendations are given to form an effective understanding of the strategic development.
Coca Cola Amatil3 Contents Introduction......................................................................................................................................3 Mission, vision and core competency..........................................................................................3 Successful Past Strategy...............................................................................................................3 Current Strategy...........................................................................................................................4 Past Strategy Criticized................................................................................................................6 Environment Analysis.....................................................................................................................6 Internal Environment Analysis....................................................................................................6 SWOT Analysis........................................................................................................................6 External Environment Analysis...................................................................................................8 PESTLE Analysis.....................................................................................................................8 Porter 5 forces..........................................................................................................................9 Organizational culture and Leadership..........................................................................................10 Recommendations and Conclusion................................................................................................11 References......................................................................................................................................11
Coca Cola Amatil4 Introduction Coca-Cola Amatil is known across the world as one of the leading bottlers of non-alcoholic ready-to-drink beverages. The company has its operations in the Asia-Pacific region. They are known to be one of the world's five chief Coca-Cola bottlers (Our Company, 2017). They have operations in 5 countries that include: Australia, New Zealand, Indonesia, Papua New Guinea, Fiji and Samoa (Cuganesan, Guthrie and Ward, 2010). Mission, vision and core competency The company was incorporated with a vision to generate millions of moments of cheerfulness and promises.The company feel delighted by fulfilling extraordinary portfolio of brands. The brand has built unrivalled shared value in order to create growth. The company is able to create a distinguishing and optimistic part to the world. In this way the company is able to create a value for partners and guarantee sustainable growth and development. The purpose is to develop productivity and an inclined/ lively cost structure. They have promised to deliver attractive sustainable returns (Ashley, 2017). Values The company is pretty-much straight forward and open in taking forwards the core values. The purpose is to benefit the consumers with their distinct services. For the purpose CCA has focused strategies in order to manage distinct tasks.
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Coca Cola Amatil5 Successful Past Strategy The company is performing extremely well in the Asia Pacific by focusing on services based on health consciousness activities. They are Packaging, serving sizes in order to earn profit and growth for Coca-Cola Amatil. The numerous innovations done by the company is focused on addressing consumer wants. For the company, it is important to satisfy customers need. It is one of the priorities to look after the needs of customer by managing individual needs. The company has launched “The company Life” in Australia. It is an adaptation of Coca-Cola which is unsurprisingly sweetened and has fewer calories. They have been tracking exceeding target with Coke Life. The company has gained a significant market share through its most liked brand Coke life. Their second most brought pack is in 1.25L and 250mL packs sizes. It has gained a 13% share of the Sugar Cola segment. They expected a longer term expectations through the brand Coke Life. It represents 1-2% of total brand coke volumes.They have introduced smaller 250mL single-servings in a number of colors. The product has gained enough market shares creating a long-term effectiveness. The brand is known to be a distinguished market player. With a high level of competition, it is able to attain market advantage. They have understood the importance of Colors and proportion size. It has a direct impact on the number of consumers coming back into the franchise. They have made improvement by directly promoting the product among teen consumers. Through its distinguished market strategy the organization has gained a competitive advantage.The consumers have kept up their interest in packaging has developed a competitivemarketing campaign. This campaign will increase profits. The past strategies depicts that the brand overall purpose is to meet the purpose (Armstrong et al 2012). For which, the brand is maintaining a distinguished identity in the Asian Pacific market. One of the major plans the company is to support growth and development. It is gaining a competitive advantage by looking onto the changing needs. It is important for a business organization to manage the changing strategies taking place in the environment.This helps in motivatingthebusinessenvironmentallowingabusinesstogrowinaproductiveway (SEMINAR and PAGEANTS, 2014).
Coca Cola Amatil6 All These funds help in supporting weighted investment for gaining effective production, warehousing and cold-drink infrastructure. For coming years, the brand has a strategy to overcome excessive pressure caused by the other competitive brand. Amatil reported a net profit after tax of $375.5 million before major items. Current Strategy The company has a coherent strategy to gain success. It has positioned itself to capture growth and deliver long-term value.The competitive marketing strategy has creating a distinguished marketing plan in order to gain change. They are confident of their ability to navigate in changing environment. The three pillars of Group Strategy are as follows: Leading The group has Strengthen its capacity through an effective leadership position - The current market strategy is to be a leading market brands in major NARTD category in every market - To improve the accessible products by increasing an innovative marketing concept -By strengthening brand justness - developing a wider portfolio that adapts shifting consumer inclination Executive The process includes a change in productivity and to generate in-market executionprocedure. Thishelpsanorganizationingainingacompetitiveadvantageovertheotherbusiness organizations - The fact is that the company has a World-class customer servicing competence helping in managing growth. They have formulated an effective plan that helps them in managing tasks. It
Coca Cola Amatil7 is important to notice that CCA has incorporated a definite procedure helping in managing their goals. - The existing strategies are helping the business organization in creating a route to the market. Bydiversifyingtheirneeds,thecompanyisprovidingcustomerdiversificationandreal competitive advantage - It is the most effective activity used by the company by leveraging large-scale, low-cost manufacturing, sales and allocation ability PARTNER The main focus of CCA is to align the company with their partners.It is evident for an organization to gain competitive advantage by developing concrete objectives. - The company has a Shared vision to succeed by aligning its objectives - In order to gain effectiveness they have incorporated Joint plans for developing system profitability. -This is to gain a balanced risk and rewards Past Strategy Criticized Coca-Cola Amatil is criticized in past due to its advertising campaign. There are continuous criticisms for their advertisement campaign that attract teenagers. Australia is facing issues related to obesity. This Coca-Cola marketing strategy is not, as “novel” or new. For a number of years,teachersandprincipalshaveopenedtheirdoorstoCoca-Cola.Thecompanyis continuously been criticized for its strategy where it proclaims that Coca-Cola is not part of the difficulty of obesity, but “part of the clarification” (Gummesson, 2011). There are continuous issues related to the problem caused to the health of the students. Coke has created issues to the children in the age group of 8-14 years. There is a necessity to implement
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Coca Cola Amatil8 Education and physical activity programsin order to reduce the critical issues. It is important running certain programs to create awareness which is considered as the most criticized part of the strategies (Dunckley, 2017). Coca-Cola’s campaigns are taking advantage of the growing fears about obesity and exploiting children’s education for the company’s financial gain (Czinkota and Ronkainen, 2013). Environment Analysis Internal Environment Analysis SWOT Analysis Strength It is known as world’s leading bottlers of non-alcoholic ready-to-drink beverages. The numerous innovations done by the company is focused on addressing consumer wants. Distinguished identity in the Asian Pacific market CCA has an extraordinary portfolio of brands The brand is known to be a eminent market player(Belz and Peattie,2009) Due to its aggressive promotional strategy, the brand is able to gain a significant market share. The brand is at a most competitive position in Australia by deriving effectiveness. The aggressive advertisement has a unique way to meet individual needs (Cateora, 2008). Weakness Excessive competition Increasing awareness in public regarding the harm of soft drinks Restricted Exposure to the brand The sale has decreased over the years due to competitive brands(Kotler, 2012)
Coca Cola Amatil9 Artificial Contents. Opportunity Huge opportunity to expand business in west. Can implement different business tactics to attract consumers It can use healthy ingredients to gain competencies. Have great futurein terms of diversification and market penetration. Threat Excessive market competition Threats from the other local and international brands Rising concern due to obesity. External Environment Analysis PESTLE Analysis Political Coca Cola Amatil has to comply with the rules and regulations. They should be meeting the regulations, given by the government. The company has to accept the changes in established laws may prevent Coca Cola from distributing drinks. Accounting, taxes, and internal marketing, and changes in labor laws are the factors affect CCA. These factors are constantly affecting the company’s policies on a long run (Hollensen, 2015). Economical factors
Coca Cola Amatil10 Coca Cola Amatil products are distributed In Asia Pacific. These countries have different customs, cultures, tastes, and desires. In order to gain concrete market strategy, it has to change and adopt strategies according to the country it is operating its business.It has to change and create new flavors to accommodate these customers. Social factors Coca Cola Amatil distributes the greater part of its products in cultured countries. For that they need to maintain a comprehensive plan. The demands of these customers are created according to local needs. People are becoming more health cautious and swapping sugary drinks for waters and teas. Coca Cola Amatil needs to respond to these needs. It has to create a wider range of product in order to respond to the situation (Hanson and Kalyanam, 2007). Technological The Machinery and technology have helped Coca Cola to manufacture products in better and higher quantities. This allows the company in meeting the day-to-day targets in the most appropriate way.This helps in motivating the business environment allowing a business to grow in a productive way (Jobber and Ellis-Chadwick, 2012). All These funds help in supporting weighted investment for gaining effective production, warehousing and cold-drink infrastructure. Legal The company has all the present and future rights related to the decision making. Environmental Special consideration is paid to the different environmental factors in order to gain definite results. It is mandatory to follow environmental rules and regulations. Coca Cola Amatil has to adhere to environmental laws as they manufacture their products. If anything is incorrect, it can have an effect on how they allocate products — or stop production finally (Boone and Kurtz, 2013; De Mooij, 2013).
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Coca Cola Amatil11 Porter 5 forces Traditional Competitors There will be high competition due to traditional products and service provider. CCA and Pepsi are selling similar products and pricing structures. New Market Entrants CCA is a well established brand for many years.It is recognized all over the world. So, for a new market entrant this industry will be very costly. Threat of Substitutes There are many substitute products in the market. Consumers may purchase coffee, tea and juice, instead of soft drinks. Supplier Bargaining Power Supplier bargaining power is high. The supplier has to pay for demand because there may be no other alternative for the buyer to select (Jain and Haley, 2009). Buyer Bargaining Power Buyers hold a huge amount of power. Consumers can switch over to the other products like Pepsi.They need toimprove the accessible products by increasing an innovative marketing concept. Organizational culture and Leadership
Coca Cola Amatil12 (Source: The Official Board, 2017) The company has a well-integrated organizational structure allowing sustainable growth and development. The comprehensive structure and leadership style allows in meeting the targets through applicability of desired process. In order to gain competency, the organization has distributed effective role and responsibilities. This help in managing the organization located at different places in an effective way.They have made improvement by directly promoting the product. Through its distinguished market strategy the organization has gained a competitive advantage. The team is responsible for gaining competitive advantage over the other products. Recommendations andConclusion It is recommended that CCA should source out all of its major competitors. This will allow in managing the brand in a better way. Coca-Cola is not healthy which can lead to high stress levels and cause diabetes. Consequently, CCA should continue to have large profit in terms of health risks in mind to their products. For gaining a competitive advantage CCA can introduce a healthy range of products such as orange juice. This will allow the brand in gaining competitive
Coca Cola Amatil13 advantage. Hence,for the company, it is important to satisfy customers need.It is one of the priorities to look after the needs of customer by managing individual needs. References Armstrong, G., Kotler, P., Harker, M. and Brennan, R., 2012.Marketing: an introduction. Pearson Prentice-Hall, London. Ashley, R., 2017. Coca-Cola Amatil: Insights from the company monitor.Equity,31(6), p.16. Belz, F.M. and Peattie, K., 2009.Sustainability marketing: A global perspective. Chichester: Wiley. Boone, L.E. and Kurtz, D.L., 2013.Contemporary marketing. Cengage learning. Cateora, P.R., 2008.International Marketing 13E (Sie). Tata McGraw-Hill Education. Cuganesan, S., Guthrie, J. and Ward, L., 2010, December. Examining CSR disclosure strategies within the Australian food and beverage industry. InAccounting Forum(Vol. 34, No. 3, pp. 169- 183). Elsevier. Czinkota, M.R. and Ronkainen, I.A., 2013.International marketing. Cengage Learning. De Mooij, M., 2013.Global marketing and advertising: Understanding cultural paradoxes. Sage Publications. Dunckley,M.2017.Woolworthsputting cap on Coca-ColaAmatil'sMount Franklin water Online.Availableat:http://www.smh.com.au/business/retail/woolworths-putting-cap-on- cocacola-amatils-mount-franklin-water-20170724-gxhyef.htmlAccessed on: 7 September 2017
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Coca Cola Amatil14 Gummesson, E., 2011.Total relationship marketing. Routledge. Hanson, W. and Kalyanam, K., 2007.Principles of Internet marketing. South-Western College Publishing. Hollensen, S., 2015.Marketing management: A relationship approach. Pearson Education. Jain, S.C. and Haley, G.T., 2009.Marketing planning and strategy. Cincinnati South-Western Publishing Company 1985.. Jobber, D. and Ellis-Chadwick, F., 2012.Principlesand practice of marketing(No. 7th). McGraw-Hill Higher Education. Kotler, P., 2012.Kotler on marketing. Simon and Schuster. Our Company, 2017. Online. Available at:https://www.ccamatil.com/Accessed on: 7 September 2017 SEMINAR, M.P. and PAGEANTS, S.C.B., 2014. small screen.small, p.2. The Official Board, 2017.Image.Available athttps://www.theofficialboard.com/org-chart/coca- cola-amatilAccessed on: 7 September 2017