coca designt Cola
FIN/370-Finance for Business
September 6, 2012
Managers use both strategical and monetary plan to guide a business through the course of meeting goals and objectives. The effectiveness of a social club to implement its strategic plan relies heavily on the companys ability to plan financially. Without proper planning the company will eventually fail. In this paper, the initiatives implemented by Coca Cola to guide the company strategically to financial success garner observation. Focus is on the Integration maiden at Coca Cola and the financial plans needed to accompaniment this initiative, including costs, sales, associated risk, and affects caused by the initiative. Additionally, s paper will attempt to define the relationship in the midst of strategic and financial planning for Coca Cola Bottling Companys strategic initiative of consolidation its bottling and soft drink businesses.
Coca Cola Integration Initiative
strategical planning has been defined as the set of decisions and actions that result in the formulation and implementation of plans designed to achieve a companys objectives (Pearson & Robinson, 2009, pp. 1).
Strategic planning involves activities such as define the companys mission, vision and values, analyzing the competitive environment, and developing a long-term roadmap of an organizations business activities.
Relationship between strategic and financial planning
Coca Colas strategic planning of integration of its various business lines seeks to achieve a long-term transformation of the company, which is consistent with the prevailing economic conditions where dictatorial costs is equally important as generating sales. The financial plan behind the integration initiative took on a super focused viewpoint, where Coca Colas executives quantified all decisions and actions in dollar terms, and set tangible goals of related administrative expenses referable to the merger. However, strategic planning behind the...If you want to get a full essay, order it on our website: Orderessay
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