Please compare and contrast and critically assess the impact on management decision making based on the differences in political, social, ethical, and legal environments. Specifically the discussion points regarding the following:
- Two firms with similar problems but from different countries
- Comparative analysis of the firms
- Analysis of the political, social, ethical, and legal differences facing both organizations and determine the impact these differences have on management decision making
- Provide substantive conclusion and recommendations
Firms selected: Nestle & Coca Cola© BrainMass Inc. brainmass.com October 2, 2020, 1:26 am ad1c9bdddf
Company 1: Nestle
Country of issue: China
Company 2: Coca Cola
Country of issues: India
Nestle is a well-known packaged food industry which has its presence across the world. Nestle was founded in Switzerland and has its headquarters at the same place. It was after the First World War and then the Second World War that the company achieved significant growth and started expanding beyond the infant milk formula.
Since then, Nestle has become global market leader in many of the products. Nestle became the world largest food company in 1998, with 552 factories in 81 countries, and had over 8000 brands, employed over 230,000 people worldwide. Nestlé's product line includes chocolates, milk, confectionery, bottled water, coffee, ice cream, and pet products. The company is focused on providing quality products to people across the country, as is evident from its logo-Good Food for GOOD MIND.
The Coca-Cola Company is one of the leading manufacturers, distributors, and marketers of non alcoholic beverage concentrates and syrups. They produce non alcoholic beverage concentrates and syrups which are sold to bottling partners. The bottlers usually add carbonated water with the concentrates and sweeteners and then bottle the product and sell it to wholesalers or retailers. Coca-Cola owns more than 400 brands in which they market for in over 200 different countries (Coca-Cola Datamonitor, 2007). Coca-Cola sells a variety of soft drinks, juices, sports drinks, teas, and water. They operate in eight segments, but most of their revenues come from three of those segments. Their three major segments are North America, South Asia and the Pacific Rim, and Bottling Investments. Their five other segments include Europe; North Asia, Eurasia and Middle East; Latin America; ...
This solution discusses firms in different countries.