Term Paper

5654 words - 23 pages

Research Paper Outline on
Project Risk Management at Coca-Cola
Vinay Kumar Patchipulusu
Industrial Management
University of Central Missouri
Instructor: Dr Ronald Woolsey

List of contents:
1. Abstract...........................................................................................................03
2. Introduction....................................................................................................04
3. Purpose of risk management..........................................................................07
4. Process of risk management...........................................................................08
5. Theories of risk ...view middle of the document...

This reason made me to think of the risk prevention. In the beverages, company like Coca-Cola can be highly affected if there are any problems in their supply chain management.
Risk management means, "Coordinated actives to direct and control an organisation with respect to risk". Risk management mainly deals with the negative impacts of internal and external disturbances to avoid production interruptions.
Key words: Coca-Cola Enterprise, Project risk management, Risk identification, Resilience.

Company Description:
Coca-Cola history began in the year of 1886 by an Atlanta pharmacist, Dr John S. Pemberton. He created the formula of soft drink that is selling at soda fountains. Now it is the leading soft drink in the world. This company owns more than 500 brands of beverages all over the world across 196 countries. It sells around 1.8 billion bottles of beverages a day. This company has more than 275 bottlers, which are responsible for packing, producing, distributing and merchandising. This company operates as a franchised distribution system from the year of 1889 (Coca-Cola History, 2015).
Companies like Coca-Cola need to satisfy the customers' demands with diverse preferences. As the company is supplying a most demanded product, it should concentrate more on supply chain management. It may create negative impacts on external risks outside the company like natural disasters and internal risks like process related risks, demand risks and production risks (Thun & Hoenig, 2011).
Today Coca-Cola Company does not have any risk management strategy to handle internal and external disturbances occurring in its supply chain activities. Their company has control over internal processes and its disturbances based on a more reactive approach than a proactive strategy and exists no guidelines of how to identify and handle risks and their impact upon the business. Risk should be identifying at respective levels in the organisation and thereafter a process be created to address these risks and disturbances. Further, companies should have a documented risk management policy and formal roles to perform a systematic risk management process. The main objective of this article is to figure out the internal disturbances, to identify the most critical risks within supply chain a production processes at Coca-Cola.
Mission statement:
The companies enduring roadmap starts with its mission. It is going to declare their purpose as a company, which weight their actions and decisions.
* To inspire moments of happiness and optimism
* To create values and make a difference
* To refresh the world
Vision statement:
Their vision serves as a framework to their roadmap and guides at every aspect of their business by what to do to achieve their goals and objectives in order to achieve quality and sustainable growth (Mission, Vision & Values, n.d.).
Risk is unavoidable and present in each human circumstance. It is...

Other Papers Like Term Paper

Structure Of Term Paper

581 words - 3 pages Term Paper Structure   Through all my life I have faced one question repeatedly which is ‘How to structure term papers?’. This is the question I have experienced from asking to answering. I mean when I was a student I asked it and when I became a teacher, I answered it plenty of times. I know how students get panicky when they have picky teachers to submit their term papers. In such a desperate time, they only want to get a precise answer

Moral Philosophy Term Paper

845 words - 4 pages Cagayan State University Tuguegarao City, Carig Campus College of Arts and Sciences “UTILITARIANISM” A Term Paper in Philospohy 12 (Moral Philosophy) SUBMITTED TO: Karen Acoba Instructor SUBMITTED BY: Joanne Marie B. Sanchez, BS BIO I – A 11:30 – 1:00 pm TTH March, 2016 Introduction “What is right and wrong?” Every day we ask that question, whether in simple situations like choosing a dress to wear in a party, or complicated ones

Term Paper On Nokia

1854 words - 8 pages Term Paper Course : Principles of Marketing (MKT-101) Prepared For Kashfia Ahmed Senior Lecturer Department of Business Administration East West University Prepared By |Name |ID | |Md. Walid Bin Karim |2010-3-10-278

Cis517 Term Paper

3774 words - 16 pages Term Paper: Project Managers and Ethics, Leadership, and Technology Jessica Tyra Dr. Russ White CIS517 May 17, 2015 The Different Organizational Structures There are three different organizational structures in regards to project management, and each has their specific pros and cons associated with their method. A functional organizational structure is one that is best when the focus is a single product. Functional structures

Term Paper On Citycell

4934 words - 20 pages Term Paper On Training & Development process on CITYCELL Prepared for MASUD RANA Lecturer of Human Resource Management Course Code: HRM 363 School of Business (UITS) Prepared by MD. Alamin.………………..10410512 MD. Arif miah………….....10410508 MD.Faisal Ahmed………..10410511 Ashrarul anwar sakib…..10410510 Submission Date Date: 26th july, 2012 School of business

What Is A Term Paper

384 words - 2 pages A 'term paper' is a research paper written by students over an academic term, accounting for a large part of a grade. Term papers are generally intended to describe an event, a concept, or argue a point. A term paper is a written original work discussing a topic in detail, usually several typed pages in length and is often due at the end of a semester. There is much overlap between the terms "research paper" and "term paper". The phrase "term

Term Paper

1258 words - 6 pages Ashley DeVolder LSFY 115-01 Dr. Youngberg The Importance of Liberal Arts in Business Majors As reported by Earl Shorris, a Liberal Education is tool that is extremely beneficial. A Liberal Education teaches a person a way to think and behave, and view the world not just as a problem that has a specific way to be solved, but as something complicated that one must interpret for themselves. A person graduating from a Liberal Arts college

Term Paper

316 words - 2 pages [1] David Kim and Michael G. Solomon. Fundamentals of Information Systems Security - Jones & Bartlett Learning, LLC. 40 - Tall Pine Drive Sudbury, MA 01776 – Copyright 2012 Multi Layered Security Plan: Richman Investments 1.) General This Multi-layered Security Plan will give a brief overview of the security strategies that will be implemented at each level of the Information Technology (IT) infrastructure. 2.) User Domain a

Term Paper

282 words - 2 pages program   Letter of Submission September 0, 2011. To Dr. Mohammad Fashiul Alam Professor Department of Management Faculty of Business Administration, University of Chittagong. Subject:   Submission of Research Paper Dear Sir, It is my pleasure to submit my Research Paper on “Overall Branch Banking and A Comprehensive Review on Investment of First Security Islami Bank Ltd “as a part of E.M.B.A. Program. I tried my best to

Term Paper - 996 words

996 words - 4 pages process and resulting rules to be valid. An agency that seeks public comment for the purposes of drafting regulations cannot then turn the proposed regulations into agency rules after the comment period. The promulgated rules must be the result of the proceedings. Forth for challenging a regulation is that the regulation is unconstitutional. Another theory for challenging a regulation in court is ultra vires, a Latin term meaning “beyond its

Term Paper - 411 words

411 words - 2 pages Associate Level Material Appendix B Personal Financial Planning Worksheet Directions: Based on your readings and discussions in class this week, answer the following questions completely. 1. The process of creating a detailed plan to meet your financial needs and prepare for the future is called: B a. Developing goals. b. Personal financial planning. c. Collecting financial information. d. Personal finance

Related Essays

Term Paper 909 Words

909 words - 4 pages t TERM PAPER Course Code:  MIB 130                                                                 Credit Units: 04 Objectives   The aim of the term paper is to provide the students with an opportunity to further enhance their knowledge in a sector of their choice by undertaking a significant practical unit of examining and analyzing various aspects of business management at a level commensurate with the learning outcomes of the various

Term Paper 698 Words

698 words - 3 pages |COURSE: ___________________ Term Paper Writing Marking Rubric | | | | | | | | | |Name: __________________ |Assignment: ___________ Grade

Term Paper 2390 Words

2390 words - 10 pages this product is exactly what the industry needs as it is very original. It is exactly what is lacking in the industry and my intention is to create an industry standard that companies can follow. Short term goals of this product will include an increase in client satisfaction and lowered costs of doing business. The long term goals will include increasing the wealth of the business that purchases this product and becoming an industry innovator

Term Paper 7155 Words

7155 words - 29 pages 11/3/2008 FIN720 | Baitshepi Tebogo| 9302747|MBA | term paper | CAPITAL STRUCTURE AND DIVIDEND POLICY DISCUSSION: How does Standard Chartered Bank Botswana contribute to this discussion? | TABLE OF CONTENTS Abstract 3 Historical Background 4 Literature Review 6 Research Objectives 21 Methodology 22 Challenges 23 Methods 24 Data Analysis 25