definition of planning
Coca-Cola is a global business.
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Eurasia & Africa: 14% Constant-currency operating income growth
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Europe: 0% Constant-currency operating income growth
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Latin America: 2% Constant-currency operating income growth
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North America: 1% Constant-currency operating income growth
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Asia Pacific: 4% Constant-currency operating income growth
Coca-Cola is stagnant in the developed nations of North America and Europe. The company is seeing its fastest growth in developing markets,especially in Africa and Euraisa.
Future Growth Plans
Coca-Cola’s stated growth goal is to generate high single-digit currency-neutral earnings-per-share growth. The company plans to accomplish this goal through 5 key initiatives. Each of the 5 key initiatives to drive high-single digit currency neutral earnings-per-share growth are discussed in the sections below. The 5 initiatives are:
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Simplify Operating Model
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Expand Productivity Program
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Focus on Great Brands & Strong Bottling Partners
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Target Investments that Leverage Global Strengths
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Provide Local Operations with Clear Goals
The Coca-Cola company also provides a clear goal, make emploees to simplify its operation mode. The Coca-Cola company is trying to through refranchising wider 2020 bottles to streamline its business in North America.
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Planning is bringing the future into the present so that you can do something about it now.
- Alan Lakein
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“Choosing a goal and developing a method of strategy to achieve that goal” (Williams & McWilliams, 2010, p.85)
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“ A management function that involves defining goals, establishing strategies for achieving those goals and developing plans integrate and coordinate activities” (Robbins et al, 2009, p.246)
Planning of the Coca-cola company
