Coca-Cola Company

Coca-Cola has policies outlined in social responsibility and good corporate governance. Corporate social responsibility has been viewed narrowly by some people as giving back to the society in Coca-Cola it is different. Giving such a narrow definition to corporate social responsibility carries the risk of treating corporate social responsibility as a negative constraint to the resources of the organization, which are usually scarce and hard to come by. Coca-Cola has been in the forefront in giving back to the society the African market.

The strategy of a company requires constant updating. With the changing conditions of market and industry it is important for an organisation to keep its strategy in tact with the changing environment. An out dated strategy cannot fulfil the needs of today’s global environment. In order to go through the updating process the organisations should carry on an audit to analyse which aspect requires improvement. It also specifies what strategy is necessary to support the business operations, the information people use currently and the gaps in these functions and the business goals.