1.
Fayol’s first rule is foresight: Coca-Cola completed a plan of action for the future by finding a leader who could rejuvenate the company’s stock value price.
Fayol’s second rule is organization: Coca-Cola was sensitive to local market conditions in other countries which their headquarters are not located in. They used manufacturers that were local in that foreign country to become closer to the customers and be more efficient and accurate when catering to the cultures, values, and beliefs of the people of that country.
The next of Fayol’s rules is command: Coke selected Douglas Daft to take over as chairman and CEO. After being appointed CEO, Daft made the management of the company more efficient since there were fewer jobs to worry …show more content…
They did not want to release a product that wouldn’t be popular with the consumers.
Fayol’s last rule of management is control: To keep the company on track with a specific plan, Daft hired twenty-four division and presidents to make sure the company was on moving towards success 2.
This quote can be related to the Coca-Cola case in terms of how Coca-Cola advertises in certain locations. Another way they are committed to being diverse is by their release of new products such as Vanilla Coke and non-carbonated beverages to meet the needs of different customers who may not drink their trademark carbonated beverage, or would like something …show more content…
To this day Coke is probably one of the most popular carbonated soft drinks.
Simple form and lean staff: Daft reduced his executive management team to ten people so it’s more efficient.
Simultaneous loose-tight properties: The company has developed a different variety of beverages and creative services while maintaining the same company standards and values..
4.
Neville Isdell will not be as successful in regaining the same growth and value experienced under Roberto Goizueta because of the competition today among carbonated beverages. There is a wide variety of beverages such as Pepsi, Crush, and Sprite that compete to win the consumers over with their carbonated drinks. Even though they are different beverages in terms of flavors, they still achieve the same goal. Another factor is the fact that people are becoming healthier and drinking less carbonated drinks and switching to a healthier choice like various types of spring waters that will benefit their health. He will however be able to bring the company back up to a respectable business manner and increase the stock
Fayol’s first rule is foresight: Coca-Cola completed a plan of action for the future by finding a leader who could rejuvenate the company’s stock value price.
Fayol’s second rule is organization: Coca-Cola was sensitive to local market conditions in other countries which their headquarters are not located in. They used manufacturers that were local in that foreign country to become closer to the customers and be more efficient and accurate when catering to the cultures, values, and beliefs of the people of that country.
The next of Fayol’s rules is command: Coke selected Douglas Daft to take over as chairman and CEO. After being appointed CEO, Daft made the management of the company more efficient since there were fewer jobs to worry …show more content…
They did not want to release a product that wouldn’t be popular with the consumers.
Fayol’s last rule of management is control: To keep the company on track with a specific plan, Daft hired twenty-four division and presidents to make sure the company was on moving towards success 2.
This quote can be related to the Coca-Cola case in terms of how Coca-Cola advertises in certain locations. Another way they are committed to being diverse is by their release of new products such as Vanilla Coke and non-carbonated beverages to meet the needs of different customers who may not drink their trademark carbonated beverage, or would like something …show more content…
To this day Coke is probably one of the most popular carbonated soft drinks.
Simple form and lean staff: Daft reduced his executive management team to ten people so it’s more efficient.
Simultaneous loose-tight properties: The company has developed a different variety of beverages and creative services while maintaining the same company standards and values..
4.
Neville Isdell will not be as successful in regaining the same growth and value experienced under Roberto Goizueta because of the competition today among carbonated beverages. There is a wide variety of beverages such as Pepsi, Crush, and Sprite that compete to win the consumers over with their carbonated drinks. Even though they are different beverages in terms of flavors, they still achieve the same goal. Another factor is the fact that people are becoming healthier and drinking less carbonated drinks and switching to a healthier choice like various types of spring waters that will benefit their health. He will however be able to bring the company back up to a respectable business manner and increase the stock