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Pages:
7 pages/β‰ˆ1925 words
Sources:
3 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Research Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 36.29
Topic:

Organizational Risk and Growth Opportunities of Coca-Cola Company

Research Paper Instructions:

Competencies
In this project, you will demonstrate your mastery of the following competencies:
Determine how an organization gains a competitive advantage
Determine organizational risk and growth opportunities in order to develop a strategic plan
Defend business decisions in support of an organization’s strategic plan
Scenario
It’s the moment of truth: your opportunity to demonstrate why your new product or service is worth funding. You have done the research and know that the funding you seek can be a game changer for the company. Not only will it produce revenue and profitability, but more importantly, it will strategically set the company apart from its competition.
You just have to convince senior management.
In preparation, you have created a checklist for yourself to use in compiling information that includes research, feasibility of the idea via the BMC, scope of project (timeline included), project risk mitigation, DEI, CSR, and 24-month pro forma.
You know that anything can happen in a funding pitch. With this in mind, you are prepared to answer questions that encompass all aspects of the project.
Directions
Create a pitch for funding. In this pitch, you will have to convince senior management to greenlight the new product or service. Aspects of the pitch that must be addressed:
Value proposition: Describe the company’s current value proposition in the market.
Describe the selected company’s main product or service.
Discuss the company’s overall strategic plan.
Competitive advantage: Describe the competitive advantage the company will gain by funding the project.
Describe how you discovered an opportunity to do something better than your competitors.
Determine how the new product or service shifts the value proposition of the company.
Risks and opportunities: Establish the risks and growth opportunities of the company.
Determine if the new product or service could disrupt the current industry.
Identify the risks associated with the development of this new product or service.
Growth opportunities: Describe the areas of potential growth for the company.
Identify the growth opportunities within the company.
Explain how the competitive advantage allows for growth.
Distinguish as a new product or innovation: Distinguish the new product/service as an innovation or improvement on an existing product/service.
Determine if the product or service fits within the capabilities of the company.
Note: a company’s SWOT analysis or 10-K is an indicator of whether the new product or service could be feasible.
Explain how the new product or service adds to the portfolio of the company.
Target segment: Describe the targeted segment.
Identify the target customer.
Explain your blue ocean strategy.
Note: The new market is identified here.
Speculate sales: Speculate on the projected sales.
Justify your product or service by the numbers; discuss your projected revenue gain.
Note: it MUST have an ROI that justifies the project for investors and/or senior management.
Explain the risks associated with projected sales.
Speculate profitability: Speculate on the profitability of your proposed product or service.
Determine if the project is profitable.
Note: In this pitch for funding, senior management has to know that the project, based on market research, is speculated to be profitable. Use the company’s current income statement to project how the company’s profitability will be affected. Look to other companies in the marketplace with products or services similar to the one you are proposing as a basis for your projections. Note: these numbers are purely speculative.
Determine the impact on the functional areas of the business (accounting, marketing, sales, and so on).
CSR plan: Outline the plan to service the community or customers that purchase the product or service.
Discuss how the idea demonstrates corporate social responsibility (CSR).
Identify what the company has invested in as it relates to the communities they serve.
Discuss how a good CSR plan helps the company gain competitive advantage.
DEI plan: Summarize how the project will include a variety of perspectives to get a better unique value proposition.
Determine if the company has a corporate culture built on DEI.
Discuss how the project’s DEI plan fits into the company’s overall strategic plan.
Funding pitch script
Your script should be written as if you were delivering the speech, submitted as a 7- to 8-page Word document. Sources should be cited according to APA style

Research Paper Sample Content Preview:

Organizational Risk and Growth Opportunities of Coca-Cola Company
Coca-Cola is one of the global companies known for its carbohydrate soft drink, Coke. The company was established in 1888 by a businessman, Griggs Candler, after the transfer of ownership rights from John Stith (Coca-Cola, 2022). The company dominated the market between the 21st and 20th centuries. It is also known for its hidden trade secret believed to be in the family line. Coca-Cola has used secrecy in marketing products, getting a higher competitive advantage over other companies. The company has also focused on other special drinks to exhaust the beverage industry. Coca-Cola's main aim is to remain competitive in the industry. However, one of the significant ways to gain a competitive advantage is by introducing new products in the market. The paper focuses on a new Coca-Cola product, 0-S Coke, and its funding needs. 0-S Coke is a significant product to the company due to its blend with coffee without any traces of sugar.
Value Proposition
Coca-Cola's current value proposition is the 'Coke side of life' representing happiness whenever the consumer purchases any coke product (Coca-Cola, 2022). The value proposition shows that the products make the customers sociable and comfortable, creating a unique value for its customers that no company can significantly match. The main product of Coca-Cola Company is Coke, a product made out of different ingredients. The major ingredients in the public domain are phosphoric acid, caramel, sugar, and carbonated water. However, some ingredients are only known to the family to avoid market competition. Coke has been branded differently with specific sizes. Therefore, its unique products have given it a large global market share.
A company's strategic plan play a significant role in its success. According to Bank & UniCredit (2012), a company strategic plan is a well-establish process that aligns the organizational vision, goals, and objectives. The overall strategic plan of Coca-Cola is to build a winning consumer-centric portfolio by making high-quality and affordable soft drinks. Some actions to meet the strategic plan thresholds include innovation and research and development by creating a conducive working environment for the employees. Therefore, the plan is long-term to build customer loyalty and growth.
Competitive Advantage
The ultimate goal for any company is to gain a higher competitive advantage which also increases profitability and growth. The company will gain higher competitiveness by funding the project of 0-S Coke. The project focuses on a unique product in the market that no company can match. The discovery of the opportunity was based on comprehensive research and innovation focusing on product differentiation strategy. A product differentiation strategy is an approach to gaining competitive advantages by focusing on a unique product in the market (Barigozzi & Ma, 2018). Many companies are innovating products similar to the normal Coca-Cola brand. However, 0-S Coke brings a new image to the market, which is significant for higher competitive advantage.
The new product shits the company's value proposition in many ways. The current value proposition is to make the customers sociable and...
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