Economics of Organizations Essay

IntroductionCoca-Cola is one of the world largest beverage companies in the world. The telephoner offers its consumers with more than than 500 sparkling and noneffervescent grimes.  The c onlyer-up is best known for its flagship intent of the product coca-cola which was invented in the in 1886 John stitch Pemberton. The management of the confederation has committed efforts toward ensuring that the union continues to offer quality products to its consumers. The fellowship has managed to grow and pass where it now operates in over 200 countries worldwide with a client base of approximately 1.7 billion. In this case the coca cola alliance mainly produces the syrup concentrate, which is later sold to the various bottlers company worldwide.The company has engaged into legion(predicate) corporate complaisant obligation projects globally (CSR).  The CSR projects ar efficiently important to the company as they improve chore telling between the management and the s takeholders.  The company has established numerous globalization policies which ar in line with the company mission to refresh the world two in the body and in the spirit. In sum, the management of the company depends at ensuring that the company perform value and make a difference everyplace they engage.  Most importantly, the company also aims at ensuring that they introduce brand that jock to satisfy the con tips of all flock. The company has been one of the most salient(ip) companies in the beverage industry worldwide. bodily companionable ResponsibilityCoca-Cola operates in more than 200 countries globally.  Ultimately, there is need for the company to engage in galore(postnominal) activities which have economic welfare to the communities around their business. Ultimately, organizations be judge to observe economic components that are they should conduct their business in much(prenominal) a way that they are consistent maximise earnings per pct (Asong u 84).Coca-cola is not unexceptional, hence the company should determine perfectly how they conduct their business so that to remain in the competitive edge hence maximizing the amount of profits they make.  It is economically important to for companies in this sector should assure that they maintain strong but health competitions for a common purpose of the shareholders.  Evidently, the only possible means to maintain a healthy affinity with the stakeholders is by engaging them through corporate social responsibilities projects (Asongu 84).  In addition the company should be defined by its consistent profitability of its original output productivity.The objectives behind the coca-cola company engaging in Corporate complaisant Responsibility activities it to guarantee sustainability.  Basically, the company bases it operations on the business morals such as initiating development projects, contribution to training, facilitating economic growth among others (In Idowu 201).  It is straightforward that is if a company is economically stable it offers many benefits to the shareholders and the larger arena in general. For instance, if a company is economically stable it will hold people and it will greatly contribute towards building a stronger economical country.  Coca-cola Company is always keen to ensure it has followed the due process and theories concerning how it operates corporate social responsibility projects or activities.Ultimately, Social responsibility has four dimensions that the company should be socially responsible. These include, legal, economic, voluntary and ethical.  Coca-cola Company is more focused to create profits but should aims to ensure the wellbeing of the society at the alike time ensuring the set laws and regulations by the legal systems. Voluntary responsibilities for a company incriminate the ability of companies to initiate programs and other activities that aims to ensure wellbeing of the bo rder community. In business context, companies which ensure ethics and social responsibility in all levels of their operations are likely to have better outcomes than those which do not ensure social responsibility and ethics.For many years now, coca-cola company has followed and maintained the basic economic rules governing the manner at which Corporate Social Responsibility is carried out.  Many of its activities and programs are long term which has the aim to affirm the sustainability of the company (Idowu & Leal 46).  Basically, the company has established many cakes which ensure they are in line with the rules and model. Analysis of the company organizational structure and its modus operandi it is evident that the company has managed to achieve their objectives. This is because the despite the fact that the company is organized into several regions the top management has implemented control measure of ensuring that the company in all the regional groups produce the same brands. fit in to the report released in 2008 there is an indication that the company is performing spectacularly in the corporate responsibility sector.  The most areas which the company performs perfectly are issues concerning water issues carbon dioxide emission and product packaging. Corporate responsibility or sustainability is the key factors for companies to achieve exhaustively productivity (Idowu & Leal 46).  beneficial ethics and social performance go yield in hand in ensuring that the company achieves good performance.  The fact that the company engages in many social corporate responsibility activity dishs the company to enhance its brand image and reputation. Evidently, customers habitually are attracted to brands and companies having good reputations in corporate responsibility areas.The tables below show the performance of coca-cola in relation corporate social responsibility activities.In this context, the company uses appropriate social acco unting procedures which help the company to handle properly all matters concerning accountability.  The company uses annual audits from conjectural firms and inspections to ensure success of these programs.  For instance the statistics indicates a positive growth in the green house project footprint. Ultimately, this project has many economic advantages to the people and world in general (Asongu 86). Reduction of green house gases helps to kill harmful gases which are the major threats to the economy of all countries in the world. As a matter of fact, Coca Cola Company appears to have good strategies which guarantee long term CSR programs irrespective of the mother country.ConclusionFrom the preceding(prenominal) discussion it is evident that, Coca-Cola operates in more than 200 countries globally.  Ultimately, there is need for the company to engage in many activities which have economic benefit to the communities around their business. The fact that the organization more than 500 sparkling and still brands gives it a better chance to engage in many activities which tend to benefit the society where they operate in.  These projects are economically important to twain society in general and the company.  Basically, voluntary responsibilities for a company entail the ability of companies to initiate programs and other activities that aims to ensure wellbeing of the surrounding community. In business context, companies which ensure ethics and social responsibility in all levels of their operations are likely to have better outcomes than those which do not ensure social responsibility and ethicsReferencesAsongu, J.J. Strategic Corporate Social Responsibility in Practice. Lawrenceville, GA    Greenview             Publishing, 2007. Print.Idowu, Samuel O, and Filho W. Leal. Global Practices of Corporate Social Responsibility.        Berlin custom    &nbs p     Berlin, 2008. Print.Idowu, Samuel O. Professionals Perspectives of Corporate Social Responsibility. , 2009. Print.