Sunday, December 29, 2019

Ethical Issues Faced By Coke And Pepsi - 1247 Words

Contents Introduction: 1 Issues face by Coke and Pepsi: 1 Your Analysis: 2 The stake holders: 2 Top management: 2 Consumers: 2 Government: 2 My perspective: 2 Your recommendations. 3 Conclusion: 3 References: 4 Introduction: This case about Coke and Pepsi in India has been really interesting for me. I belong to Pakistan which is somewhat same kind of market as like India. This case focuses on ethical issue in host country and conflict management by multinational companies. Coca-Cola and PepsiCo have operations in all over the world and also expanding their market within the host countries. This case study have given details about ethical issues face both of the companies and how they reacted to the issue. This case study has also mentioned that these companies have some unethical practices which caused these problems in the host countries. Coca-Cola had to discontinue their production because pesticides were found in the bottles. People were aggressive in their protests too. Even some governments in India full banned Coke to be in market. Companies faced legal problems also. These all problems really damaged the brand-image of the company. Issues face by Coke and Pepsi: There are companies which are huge and very big companies. They are market leader; what they do, everyone follows them. But the problem is that they are big companies as they are working in many countries. So, in order to do business, they have to understand the norms, culture and beliefs of thatShow MoreRelatedCoca Cola Ethical Issues Essay1246 Words   |  5 Pagesbased on the number of ethical issues that Coca Cola has had within the past decades. The company has been accused of a number of unethical behaviors that had to do with the safety of their products, financial issues, also a contamination scare in 1999, and issues based on their competition. They were also accused of racial discrimination, distribution of additional goods being sent out to suppliers before the quarter ended, also known as channel stuffing. Other ethical issues Coca-Cola had were exhaustionRead MoreCoke and Pepsi Issues5071 Words   |  21 PagesCase 23: Coke and Pepsi in India: Issues, Ethics, and C risis Management In APA style Table of Contents Chapter Page 1. Abstract 3 2. Introduction 4 3. Issue Management 5 4. Crisis Management 7 5. Global Business Ethics 10 6. Stakeholder Management 13 7. Corporate Social Responsibility 14 1. Economic ResponsibilitiesRead MoreEthical Issues and Dilemmas Faced by Coca-Cola1461 Words   |  6 PagesThe Coca-Cola Company struggles with ethical crises Delineate the ethical issues and dilemmas the company faced The Coca-Cola Company has faced many ethical issues in the past. In the year 1999 in the month of June, about 30 children in Belgium became ill following the consumption of the companys products. The company recalled the product, however, the problem continued to escalate. All Coca-Cola products were recalled by the Belgian government and this was soon followed by the officials inRead MoreThe Pepsi Of Coca Cola1476 Words   |  6 PagesCoca-Cola portable. Joseph Biedenharn became the first person to put Coke in a bottle and sell it. Within five years, the bottles were in large scale production. In 1899, Benjamin Thomas, Joseph Whitehead, and John Lupton secured exclusive rights to bottle and sell Coca-Cola. They purchased the bottling rights from Candler for one dollar. The worldwide Coca-Cola bottling system was developed by Thomas, Whitehead, and Lupton. They faced several challenges including competitors trying to imitate theirRead MoreCoca Cola Company Struggles With Ethical Issues Essay1502 Words   |  7 Pages The coca-cola company struggles with ethical issues Name Institution Coca-cola boasts of being the world’s largest beverage company serving approximately one billion customers daily. The most dominant products distributed by Coca-cola are Coke, Fanta, Sprite and Diet Coke. This strategy is aimed at ensuring that every customer gets satisfied whenever they use a Coca-cola brand. Coca-cola has large distributions across the globe making it the largest distributor in the world. The late Roberto GoizuetaRead MoreCoca Cola Company : The World s Largest Distribution System1498 Words   |  6 Pagesis worth one of the most valuable in the world as well. It has very strong market orientation, to make strategic decisions and take action so that more customers will be attracted, also to satisfy and retain customers. However, after World War 2, Pepsi Company became its serious competitor when it came up with the idea to sell its product in larger portions as the same price as Coca Cola Company. So far, these two company are still competing with each oth er. When the company facing the competitionRead More Pepsico in Mexico Business Analysis Essay2843 Words   |  12 Pagesin the Mexican peso in December 1994. Focusing on the financial implications of the peso devaluation, the case then describes PepsiCos response, which only seemed to increase the financial burdens imposed on the faltering Pepsi market share. Critical Analysis of the Issues In 1993 PepsiCo was the second largest soft-drink company, after the leader Coca-Cola. That was the year when the Latin Cola War broke out. Both companies felt the Latin American market was under developed and saw manyRead MoreCoca Cola4011 Words   |  17 Pagesdiscoveries of controversial issues lead consumers to question various companies’ ethics and operations. Coca-Cola, or simple coke, has existed for over a century, originating in Atlanta, Georgia in 1892, and eventually expanding and providing drinks internationally. Today, the company produces concentrate, which then sells to Coke licensed bottlers internationally; and ultimately ending up sold to retail stores and vending machines for consumers to purchase. Along with the regular â€Å"coke†, the company has alsoRead MoreCoca Cola s Largest International Investors951 Words   |  4 PagesGupta came to a standstill where he had to further anticipate his next move for the company. The company faced a crisis wh ere the Center for Science and Environment (CSE) issued a press release affirming that three samples of the 12 cold drink brands sold in and around Delhi containing pesticide residues were of Coca-Cola and PepsiCo brands. Key problems need to be addressed in the most ethical and professional manner. In the short term, key problems that Gupta should focus on is to immediately assureRead MoreCoke Ethical Issues4934 Words   |  20 PagesCoke Ethical Issues Our product is quite healthy. Fluid replenishment is a key to health. Coke does a great service because it encourages people to take in more and more liquids. - Michael Douglas Ivester, Coke’s Chairman and CEO. Public schools are funded by the public to educate the children as provided by state law. It is totally inappropriate that its facilities and employees are being used by corporations to increase their own profits on public time and with public dollars

Saturday, December 21, 2019

The Causes Of The First World War - 1395 Words

The causes of the First World War were similar and differed from the causes of the Second World War politically, economically, and socially. Both of these significant, historical events were substantially affected by the interaction of dominating societies during this time period. During the First World War, these leading societies were the European authorities of Britain, Germany, and Austria, with slight assistance from the U.S. However, the United States allocated their full engagement during the Second World War. Eventually, with years to come, the United States would become one of the primary superpowers. Although these two wars were notably different from political, social, and economic views, both of these event shared numerous similarities. One of the main causes of both World Wars was the concept of imperialism. During World War I, the Germans, the French, and the British were in competition to create the world s best, most significant and substantial empire. With the thought of imperialistic ways, the German would ally with the Austrians, and the British would ally with the French. In World War II, Adolf Hitler was in hopes of making expansions to the Third Reich. He decided to expand this society in hopes that he could incorporate all German speaking- peoples. Imperialism relates to both of the historically significant events. It recurred within the German, Britain, and France. Due to this, the size of the militaries increased within these three societies.Show MoreRelatedThe Causes Of The First World War1406 Words   |  6 PagesOption A: What in your view were the causes of the First World War? How have historians’ views on the war changed over time? Historical events are crucial in human thoughts since they understand themselves better in the present through analyzing their past occurrences. Historical events help us to know the causes of certain past events, therefore, making the cause to entail long-term ideology events and actions. Nevertheless, the causes of certain events may differ depending on the scale of historyRead MoreCauses of the First World War1164 Words   |  5 PagesWorld War I Essay When a nation’s hunger for power and control become too great, the nation may be pushed to do things that may have harsh consequences. This was the case in the early 1900’s when the world engaged in its first major global military conflict. There were a number of causes of the First World War; due to the Treaty of Versailles, Germany accepted full responsibility for the war. Although the Germans had a large contribution in starting the war, they should not be fully heldRead MoreThe Causes of the First World War1166 Words   |  5 PagesThis question has formed part of the historiography of the causes of the First World War, a historical debate that has endured ever since the conflict ended. It periodically resurfaces with new theories being advanced such as the Fischer thesis, usually on account of the release of previously unseen documents or because of a shift in the political climate. It has emerged to the fore once again because this year is the centennial of the war’s outbreak and there are plans to commemorate it nationallyRead MoreCauses of the First World War Essay752 Words   |  4 PagesWhat were the causes of the first world war? Many people believe, that the First World War was caused by the assassination of the heir to the empire of Austria-Hungry, Arch-Duke Franz Ferdinand. However, I believe, there were many other more important causes that could have started the war. For example: the rivalry of countries, the alliances (Triple Entente and Triple Alliance), the industries of Britain and Germany, Militarism, Rivalry and many more. Firstly, Germany was trying to expandRead MoreCauses of First World War Essay940 Words   |  4 PagesIntroduction The First World War started in 1914 and lasted for four years to end in 1918 when Germany, Russia, Austria-Hungary and Ottoman empires were defeated (Havers 7). There have been a number of causes identified to have led to the war but most of them are not as straightforward as many would think. In essence, the root causes of the war are deeper than most abstract reasons many authors have identified in the past. However, this does not mean that there was no trail of events which directlyRead MoreThe Major Cause Of The First World War838 Words   |  4 PagesLead To The First World War The events that result to or lead to the outbreak of a war form part of history that is highly analyzed and discussed over historical times for number of significant reasons. These reasons include giving answers to questions and shedding knowledge upon some particular patterns that may exist in war circumstances and giving an understanding on how and why they occur. For instance, the First World War was preceded by a number of events globally. The cause of war was introducedRead MoreCauses of the First World War Essay2064 Words   |  9 PagesCauses of the First World War â€Å"The outbreak of the First World War in 1914 grew out of a short term crisis in the Balkans, but any attempt to understand its origins must take into account a number of long standing developments.† (McDonough). To discuss this judgement, we must investigate the causes of the First World War, the consequences of these actions, and to what extent were they responsible for the start of the war. A long term and economical causeRead MoreBritish Empire : A Major Cause Of The First World War1694 Words   |  7 Pages 11/18/14 Global 10 Mrs. DelFavero British Empire in India (1850-1914) Imperialism was a major cause of the first world war; the reason being is that imperialism often led to competition for land as well to nationalism and complex systems of alliances that led to several world powers going to war in 1914; one of those world powers was the British Empire. The British Empire’s presence in India is a perfect example of imperialism and its effects going into WWIRead MoreIn What Ways Did the Causes of the Second World War Differ from the Causes of the First World War?2006 Words   |  9 Pagesways did the causes of the Second World War differ from the causes of the First World War? The First World War (1914-1918) was the deadliest, most destructive war that had occurred in history up to that time; it was of a scale unknown to previous generations. Nonetheless, the Second World War (1939-1945) proved to be by far deadlier than the First One. Both World War I and World War II were total wars fought between the major industrial nations and their empires and both were wars of attritionRead MoreCritically asses three major causes of the First World War2347 Words   |  10 PagesThere are many causes to the First World War, many of which are results of complex developments which took place for a number of years before the war, such as the conflict over the Balkans and the decline of the Ottoman Empire. The most obvious cause may be the assassination of Archduke Francis Ferdinand. However, upon close examination of the events leading up to World War One, we shall see that this was merely the spark that set off the chain of events leading up to the Great War. One of the main

Friday, December 13, 2019

Implication of Budget 2013 Free Essays

According to the Prime Minister Datuk Seri Najib Razak, who is also Finance Minister, at the Dewan Rakyat on Friday, September 28 tabled that the Budget 2013 themed â€Å"Prospering The Nation, Enhancing Well-Being of the Rakyat: A Promise Fulfilled† . 2013 budget was formulated with a focus on improving the living standards of people across the country, ensuring sustainable economic growth, prudent spending and reduce the country’s fiscal deficit with the overall goal of focusing on the welfare of the people. The Government will ensure people get the best services and maximum benefits as a result of the implementation of development programs and projects in 2013, the global economic environment is expected to improve, economic growth is projected to grow more strongly at 4. We will write a custom essay sample on Implication of Budget 2013 or any similar topic only for you Order Now 5 percent to 5. 5 percent. Though this, the first positive implication is increase economic growth through increased investment activity. Economic growth will continue to be driven by foreign direct investment and domestic. In the first half of 2012, private investment increased to 75. billion dollars from 59. 8 billion dollars in the same period in 2011. This trend is expected to continue in 2013 with private investment is expected to increase to 148. 4 billion dollars. In order to stimulate domestic investment and accelerate the participation of Malaysian companies in the global supply chain, the Government has provided funds Domestic Strategic Investments worth 1 billion dollars under the Investment Development Authority of Malaysia. The fund aims to take advantage of outsourcing activities and the acquisition of technology by local companies. In addition, the government has also introduced incentives for the acquisition of foreign companies and special tax rates to encourage local service providers to merge into larger entities. Besides, Small and Medium Enterprises (SMEs) play an important role in the economic transformation of the country. As to accelerate the growth of SMEs and the expansion of the scope of the industry across the country, a fund of 1 billion dollars will be made available under the SME Development under the operating SME Bank. These measures facilitate the access of SMEs to obtain financing and further develop their business. Next, the second positive implication will be he reduces of citizen’s burden especially low income citizens. in term of reduce in burden as in both reducing cost of living and quality of living of Malaysian government provided a program called program Rumah Mesra Rakyat where the NHC will build a total of 21. 000 units for 2013. Under this program also, the NHC will build a house costing 65 thousand dollars with a subsidy of 20 thousand dollars and interest rate subsidies on loans of 2 percent. In addition, a sum of 543 million dollars will be provided to the National Housing Department implement 45 projects under the Public Housing Program involves 20. 454 housing units will be constructed using the Industrialised Building System. All residential units will be sold between 30 to 40 thousand dollars per unit than the market price around 120 thousand dollars per unit. 20 percent of the PPR housing units allocated to civil servants and some of the people with disabilities. Besides that ,everyone wish to own a house so to enable this to happen more First Home Scheme, was launched by the last budget, will be improved by increasing the income limit individual borrowers from 3,000 dollars to 5,000 dollars a month or 10,000 dollars a month for joint loans of husband and wife. In addition, reserve requirements and deposit 3 month minimum period of 6 months work will also be abolished. Other then housing subsidy, 1Malaysia People’s Aid (BR1M 2. 0) also launched to establish goal of reduce people living cost. RM 250 will be given to individual that below 21 years old with income less then RM 2100. Thirdly, Malaysia Budget 2013 also contributes in development of rural and indigenous communities. Rural areas will continue to be developed to reduce the gap of urban and rural development. 4. 5 billion dollars will be provided to implement various development projects in 2013 include ,first ,a total of 1. 2 billion is allocated to implement the project 441 km of rural roads and rural roads benefiting 220 thousand inhabitants. Second a total of 1. billion is allocated for infrastructure projects rural utilities for water supply projects to 24 thousand households and extension project electricity to 19 thousand households. Third, a total of 137 million dollars allocated for Sustainable rural Program involving 29 villages throughout the country and benefit 38 thousand inhabitants. Major programs include the upgrading of marine products processing plants and food, building a new pier, the construc tion of a centre for marketing, improving the package and recreational activities as well as the home stay. Fourth, a total of 88 million is allocated for economic development programs and projects of water supply for indigenous peoples; and fifth ,a total of 100 million dollars to supply 40 thousand water tank using rainwater catchment, particularly in remote areas in Sabah and Sarawak. In the other hand, Malaysia Budget 2013 also has some negative implication. First of all, we see that this time the government spending is still a deficit which mean excess of expenditure over income ,although it decreased compared to last year (2012), from 4. 7% to 4. 0% of a 21. billion once the government accumulated outstanding debt of nearly 503 billion or half trillion for to-16 years in a row since 1997. That amount is 53. 7% of the Gross Domestic Product (GDP or GDP) for 2012. The initial RM1. 8 billion that was allocated to BR1M for 3. 4m households in the 2012 budget ballooned to over RM2 billion for over 4 million households. A country whose GDP is projected to expand by 5 per cent in 2012 shoul d see fewer households earning less than 3000RM. And yet, BR1M recipients are projected to increase to 4. 3 million households with another 2. 7m individuals earning less than 2000RM joining them. Without proper checks and balances, the RM3b that has been allocated to BR1M 2. 0 for Budget 2013 can easily increase to more than RM4b, if not more. The same lack of fiscal prudence could be seen in the expenditure on subsidies. An allocation of RM32. 8 billion was given for subsidies in Budget 2012 but the actual expenditure on subsidies is projected to be at RM42. 4 billion, an increase of RM9. 6 billion or 29. 3 per cent over the original budget! If the same kind of trajectory is followed, the RM37. 6 billion which is allocated for subsidies in Budget 2013 could easily increase to almost RM50 billion. Besides that, sugar subsidy reduced by 20sen per kg. Sugar Should be a controlled item but it price has gone up four times, by 20sen per kg on Jan 1, 2010, 25sen on July 18, 2010, 20sen on Dec 4, 2010, and 20sen on May 10, 2011. A remarkable affect on the property market seen sugar is a common goods that cannot be replace. Government has proposed the real property derive tax RPGT from the disposal of properties made within a period not surpassing two years from the date of purchase will be taxed at the rate of 15% and at 10% for disposal of property within a period of two to five years. This symbolise an increase on RPGT of 10% is applied to properties held and inclined of within two years, and a rate of 5% was retained for properties sold within the third, fourth and fifth years after purchase and it would give result in a negative impact on the country. As a conclusion, there are both positive and negative implication toward Malaysia Budget 2013 . In my opinion, most of the positive implication are brings short term effect but the some negative implication might cause long term liabilities to our economy. How to cite Implication of Budget 2013, Papers