Coca-Cola Company Corporate Strategy

Coca-Cola Company Corporate Strategy

For this essay, use the same company (Coca-Cola Company) you have previously used for your analysis on how the company has implemented a corporate strategy or a future policy rollout. Consider a strategy development, and the implementation phase. In your essay, address the following questions. What are the stages of a corporation’s life cycle? How can a corporation’s life cycle be extended? What stage is your company in? What is strategy implementation? What questions must strategy makers consider to begin the implementation process? It is important to assess the strategy-culture compatibility when implementing a new strategy. Do you think that culture follows strategy, or does strategy follow culture? In your response, use your company to illustrate your points. Justify your answer. What is Six Sigma? Why would a company want to implement it? Your essay should be two to three pages in length, double-spaced, and in 12 pt. Times New Roman font. The title and reference pages do not count towards the minimum page length. To complete this assignment, a minimum of two reputable sources must be used, cited, and referenced. At least one reference must come from the online library. Use APA style guidelines. Information about accessing the grading rubric for this assignment is provided below.

Organizations undergo identifiable life cycles. The main stages of a corporate’s life cycle comprise startup stage, growth, maturity, decline and death or possible reversal (Jones, 2015). The startup stage is the most turbulent because most organizations lack the required capital or face market acceptance challenges. The notable challenges during this stage entail understanding the market needs and designing products or services that address these specific needs. The growth stage entails the process in which the company is gaining traction in the marketplace (Jones, 2015). Often, this is measured by revenue growth. The maturity stage is when the business revenues continue to grow but at a declining rate. As such, organizations strive to improve operational efficiency to increase both sales and profit margins. The decline stage is the phase when the revenue begins to decrease. The main challenge during this phase is attributed to competitors who introduce high-quality products that are superior, or consumers have changed their preferences (Jones, 2015). The death phase refers to the fall of the organization based on its……………………………….

APA 635 words