Coca Cola Case Study Analysis Essay

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Coca-Cola Company Case Study

GB 518 Financial Accounting Principles and Analysis

Kaplan University

Accounting is an important aspect of business because it is the foundation that offers support to management for planning, and controlling activities as well as decisions. When an organization is doing business they need a way to keep score of operational financial activities. The purpose of my research paper is to discuss the details of my interview with an accountant at Coca-Cola Company, Atlanta headquarters. Mr. Joe Angus has worked with the company for twelve years and sat down with me for a 25 minutes interview in his office to eagerly share the accounting practices of the company, and the operating activities within the
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Most businesses work using an organizational structure. Coca-Cola’s organization structure is decentralized geographically and has several individuals responsible for making decisions and running the operations of the business. As a multinational company, Coca-Cola relies on a team environment at different levels in the business. Individuals who work in different regions, around the world have some autonomy to make business decisions. For example, different management units are located in North America, Africa, Asia, Europe, Eurasia and Middle East and finally Latin America. Each unit is then organized into their own organizational structure. Coca-Cola Company is a publicly traded C-corporation. Shares are offered to the general public through the company. It is mainly larger companies such as Coca-Cola that are public limited companies.
Company Purpose Coca-Cola was invented in May 1886 by a pharmacist named Dr. John S. Pemberton in Atlanta, Georgia. He fought in the Civil War, and at the end of the war he decided he wanted to invent something that would bring him commercial success. Usually, the many drugs Pemberton made failed in his pharmacy so he decided to try his success in the beverage market. In his time, the soda fountain was very popular at social gathering spots, and making soda-fountain drinks made sense to keep patrons out of the bars. Thus, began the birth of Coca-Cola. Pemberton never lived long enough

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