Our Daily Life Essay Example for Free

Our Daily Life Essay I have encountered so many things in life; all of them seem to be related to me. In this reflection that you’ll see is all my experience in life that is changing every day. I know I’m not a perfect person but I will share this to you (all readers) to reflect it, not just me or the person beside you. I have this persons in my mind that I want to share, first of is my cousin in my father side; his name is Nunoy â€Å"Nuno† Lapasaran. He has this kind of sickness that he will bring to himself to the future, he is a Special Child. Every day I’m at his house also my father’s house, all day I’m always playing with my other cousin. I recognized his movements every time I go there, he always wearing girl’s clothes for short he is a she. He always flirts on every guy that passes by, even our cousins there. He can also fight other if he’s in danger. This is my observation to his condition; although he is got that sickness, he adopts slowly, it is good news for us. And we are family we protect each other wherever you are, whatever you are and we never broke our bonds to each other. My next subject but the same topic is also my cousin in my mother’s side; his name is Joriz Rosimo. This little guy is really hard to play with because he always pounding us with his fist and always spitting like an ordinary special child will do. To tell you the truth I got carried away with emotion and I just spank his butt, of course he cried out loud and my Tita heard it, and I got rebuked by my Tita and my mother about what I did. For that I just endure all the punches that he will throw at me. I learned many things from it and got to used it in my life right now. To endure all the big problems that will come at me and solved it with my family. I’m not alone in this life, there my family caring, loving us every day. And this is my last reflection to myself. I realize that Every Child is Special, just love them don’t hate them, care for them not to abuse their sickness, teach them, learn from them. I hope that I delivered this reflection very well and to God be the Glory.

Characteristics and Behaviors of Pterosaurs :: Anthropology Essays Paleontology Papers

Characteristics and Behaviors of Pterosaurs Overview Pterosaurs were not dinosaurs but were closely related, and existed for 150 million years beginning in the late Triassic period through the Jurassic and Cretaceous periods until eventually becoming extinct along with the rest of the earth’s population at what is now known as the KT boundary event. The KT boundary event was the mass extinction that occurred at some point in time between the Cretaceous (K) and the Tertiary (T). This is famous because it marks the end of the 160 million years of dinosaur life. The theory is that asteroid rock hit the earth and caused the mass extinction. 1 Pterosaurs are commonly thought to be ancestors of modern day birds, but this is not true, even though they resemble bird and even bats of today. Much has been debated over what kind of behaviors pterosaurs exhibited when they existed. Today, more is known of what they were like 150 million years ago. Pterosaurs existed as different kinds of flying creatures. Their sizes ranged from a wing span of 6 inches to 40 feet and had different shaped and sizes of skulls. The two major kinds of pterosaurs were rhamphorhynchoids and pterodactyls. 2 Rhamphorhynchoids were a smaller type of pterosaur and pterodactyls were larger and rarer in numbers. Stereotypes and False Impressions Many people once believed that pterosaurs were weak flyers, or at least the larger ones were. The idea was that they used their large wings to glide instead of flap like flying creatures. This is now known to be false. Pterosaurs were also thought to be dinosaurs with similar anatomical features. Studies have shown now though that since the pterosaurs were not flappers but active flyers, their hearts were similar to those of mammals with four chambers, needed for an active way of life, unlike reptiles. In the past century, pterosaurs fossils have been known to be found with fur, which leads scientists to believe that pterosaurs needed insulation to keep in heat which indicated pterosaurs were active like mammals and warm blooded. 1 Like many sea birds or birds who fish out of the water, it was thought that pterosaurs dove strait into the water to catch their meal. This is not the case. Because pterosaurs have been known to grow as large as 40 feet in length and it would be impossible for such a large creature with such frail frames to crash into the water and survive.

International Pay Systems

The Human Resource department must be able to work closely with the foreign country in order to understand the customs and preferences of the locals while complying and enforcing privacy, copyright, and Intellectual property laws. They must also take Into account the cultural differences of the workers and customers and work to bridge the gaps with management and other transplanted American workers.By taking account of the legal Issues that are Involved In international business venture and being able to Incorporate the customs and prefers of the country will help Ordain Manufacturing meet their goals in expanding their market and sales in a global economy (University of Phoenix, 2010). The Case of Robert Lord Local taxation and living costs must be considered, along with the gross salary of the senior managers.Senior mangers typically earn a higher gross salary than that off lower ranked employee in many countries including Japan. Once the local taxation and cost of living are taken into account, it is estimated that the United States employee is compensated well than that of his Japanese counterpart. If Robert Lord was sent to Japan on the domestic terms, his buying power is reduced greatly although the gross salary would be higher. The expendable Incomes need to be adjusted to meet the differences In the cost of living.In doing this the expatriate Is assured of the same appending power in the host country as here in the United States. Several allowances and or incentives could also be added to the host country The united States is one of the few countries to impose tax on income portion. Earned on foreign soil, although many of the companies will bear this additional tax burden. This is called tax equalization agreement in which the employee is reimbursed by the employer for the extra amount incurred by the expatriate.Most often a company will withhold a set tax from each payroll payment to the employee, eased on a projected tax Incurred by that nations sala ry, and at the end of the tax year, after the exact amount of tax is calculated, the employee or employer must reimburse the other for over/under payment. US companies find themselves at a disadvantage with these tax-equalization pay systems, and many companies are trying to fill their senior management positions with local hires (ace International, 2010).One of the defining reasons for a government's tendency to enact protective measures to counterbalance the effects of markets are the insufficient welfare yester and Japan's existing social contract, which does not tolerate uncertainty and social suffering. At the very basic level a social contract is a covenant to the Japanese culture. It is not codified by which the society and the state are constituted. It addresses the areas such as how many services the government has to provide in return for its right in reducing citizen's incomes. This could be done through high taxes and or high prices.The differences are reflected signific antly in the basic societal assumptions and preferences as well as the political and economic struggles. Countries will differ in how they craft this social contract over the course of history. A social contract will evolve over time and become inclusive of that country's leading interests as well as their norms and values, and it is extremely difficult to change either incrementally or radically (Olson, 1982). Changes in a covenant require that there be changes in the fundamental values within Japanese society.Since the recession has continued to loom large globally the Japanese people seem to be more concerned with the existing values which would include stability, security and retainer. Japan is certainly not the only country where existing social contract has created barriers to the changes that are needed to transition successful to a post- industrial society. As an example, many in United States are unhappy with a system that in spite of the countries significant wealthy, more than 40 million people are working without health insurance (Olson, 1982).The Role of the Social Contract on Compensation Systems Internationally Human Capital is the most valuable resource that a company has and companies must treat their employees with dignity, aspect, and not to allowable them on compensation Just to make a greater profit for themselves. The 20th century corporate models in the past and still exist today are based on the financial capital as being the dominate source of competitive advantage. Corporations were viewed as solely instruments for maximizing the wealth of its financial investments.Corporations today need to adopt new strategies within their employment practices which will build and sustain the trust and commitment of its human and financial investors and to be able to return fair value to both stakeholders. Those who participate in managing the company need to be held accountable for creating and investing for a future that is sustainable. This would imply that all groups should have a voice in regards to the accountability of the company's board members and other governance bodies (Cocoon ; Sultan, 2007).The Equity in Compensation between Expatriate and Nationals within the Same Country Critical issues regarding compensation focus exclusively on the home country nation expatriates. These issues revolve around negotiations which if there are too many premiums and inventive you will create an international tamped and unrest in the domestic pay system. On the other hand too few incentives given and you will influence people not to risk foreign assignment (Engle, 2007).Issues brought to light by trial and error, or the components and adjustments to domestic pay which comprise the company's balance sheets. This so called stumbling to a â€Å"balance sheet† approach has comprised much of the case-oriented options, suitable housing, education of the expatriates children, and other incentives needs to be facilitated by consulti ng firms, in which a pattern can be developed to have a standardized balance sheet approach (Brioche, 1995). In doing this the company is able to adjust to the intention environment, but by relying on their own domestic terms.The Effect of Trade Unions and Employee Involvement in Compensation Systems for Cross Border Organizations They forces that are affecting today's trends in the international and domestic markets must be carefully analyzed so to be better equip for the needs of tomorrow. Understanding how employee compensations will be determined and what the consequences will have by using different approaches is important. The ways by which employees are compensated affect their financial and emotional well being. Directly impacting the company's effectiveness and the talents of the nation's human resources is compensation.Finally, the way in which employees are compensated gives credence to society's sense of social Justice. A trend that is affecting tomorrow's compensation i s shifting away from responding to negotiated or benchmarking patterns to a completive positioning stand. One of the most important relations is that between management, employees and trade union representatives. The central role of the nation unions combined with single nation orientation will sometimes slow or even top the development of an international union bargain capability (Engel, 2007).Compare and Contrast Pay Systems across Countries No matter in which country you reside pay is a status symbol within the organizations and also society. Societies that are less complex in nature the status of an individual may be the product of many standards in which Judgment is past; for example, the individuals family, friend, education, occupation, religious or political affiliations. In a more mobile society such as the United States, many of these same standards are harder to measure and are not near as important. Income as a symbol of stature does not present this problem (Atchison, B elcher ; Thomson, 2004).Organizations create statues within the structuring of the Jobs and the compensation that is associated with that position. By placing coworkers in a status structure of the organization according to how much they are compensated is quite commonplace. Since pay is a universal measure of status, it is easy to understand that differentials in pay can be significant. Across cultural boundaries this is the one constant in relation to pay systems. This symbolic significance adds another dimension the importance of compensation to individuals (Atchison, Belcher, ; Thomson, 2004).These same values are seen not only within organizations but in society as well. Organization is influenced by what the norm is across industry standards regarding pay. Outside forces vary in their influence with the type of people who are hired, their loyalty or attachment to the company and the similarity of the organization Jobs to those found elsewhere. Outside influences can be minimiz ed if the company is able to create unique Jobs, which only entry level positions are hired for beyond the company's walls.Customary relationships that are Just as conservative soon arise inside the organization and groups within will begin to struggle for status and pay which will bring the same type of powerful forces as the same as outside forces (Atchison, Belcher, & Thomson, 2004). The Effect of Trade Unions and Employee conducted exclusively at the company level and no mechanisms for the extension of agreement beyond the signatories, bargaining coverage exactly matches union density (rebound, 2005).

The Future Of The Field Of Human Resources - 840 Words

Declaring your major can be one of the most pressured decisions when attending college. It is my fourth year in college and although I had decided my major in Human Resources (HR) since I was in high school, I still don’t know what I would be doing with my degree or even know if it’s a popular field to major on. This is a situation most college students go through. Students deprive themselves of a social life and also from spending quality time with family and friends because they dedicate most of their young adulthood working hard for a degree in hopes they will obtain a better lifestyle and will end up working in a field they enjoy working for. But reality hits when graduation day approaches and we finally obtain a degree that will open many doors, a degree that also doesn’t assure a job right away. This is why I decided to research the future of the field in Human Resources, how successful will I be in this field? In this paper I describe the job outlook in Hu man Resources, what is expected in the field, and various challenges that might affect HR strategic plans in a company. I also focus on obstacles graduate students face in society and how it affects the chances of obtaining a job right away. To complete this research as precise as possible, databases such as Business Source Premier and academic journals that describe the training and development of the HR field were used, as well as recent articles that inform how successful the field in HR will be in the future.Show MoreRelatedThe Future of Human Resource Management1104 Words   |  5 PagesThe future of Human Resource Management 1.) Introduction The field of Human Resource is one of the most challenging and dynamic areas for European managers. â€Å"Human Resource Management is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. Human Resource Management can also be performed by line managers†. Humane Resource professionals can make the difference between success and failure in anRead MoreStrategic Human Resource Management1158 Words   |  5 PagesAdvance Topics in Human Resource Management Module 1 Case Study Module 1 Case: â€Å"Strategic Human Resource Management† Introduction Human resource management (HRM) has it own challenges, but management is more focus on what HR can offer their organization in the future. Looking back to the evolution of human resource field, it has followed the history of business in the United States and most western countries. HR has evolved from personal management to human resource management and fromRead MoreHuman Resources Management Essays1699 Words   |  7 Pagesexceptionally well suited is a responsible job for human resource. Therefore, human resources management is done in all type of organizations. Profound management of people is equally indispensable in success of organizations as the sound management of production, finance, and other operations. The human resource management field postulates the infinite diversity of people and their dynamics (McKenzie Traynor, 2002). To get into this career field, one must have the required education degree by completingRead MoreHealthcare Is Evolving And Applying New In novations Into Its Field1417 Words   |  6 Pagesis rapidly evolving and applying new innovations into its field. It now includes more concepts that combine both information and technology, for example, the area of health information technology (HIT). Health information technology is also known as health informatics and includes the different areas of clinical specialties or diseases, user, agent, technology, and information level (Martin-Sanchez, Maojo, Lopez-Campos, 2002). The field of bioinformatics fits into the category of health informationRead MoreFunctions of Management Paper1472 Words   |  6 Pagesgoal. Management often encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. Management can also refer to the person or people who perform the act(s) of management. Management operates through various functions, often classified as planning, organizing, leading/motivating and controlling. - Planning: deciding what needs to happen in the future (today, next week, next month, next year, over the next five yearsRead MoreThe Human Resources Department Of An Organization Or Corporation926 Words   |  4 Pagesexplain why you chose to interview this person: I ended up interviewing Jennifer Noonan who works in the Human Resources Student Employment Department in University Housing. I choose to interview her because I work in housing and I was able to get in contact with her fairly easily. I also hope to work in the field of Management and Human resources, so I wanted to interview someone in that field to get a sense of what the career entails. 2. What are at least four things you learned from your informationalRead MoreRelationships Between Employees And Employers851 Words   |  4 Pagesand feel motivated to produce more. Also, this will promote teamwork within the company by building upon relationships and coming up with creative ways to produce products. The main ideas for chapter six are that the world of Human Resouces is changing. The human resource department needs to come up with new ways to retain employees and that each company is different with their needs and wants. There are many areas a professional could specialize in such as training and development. Which this personRead MoreMajor And Career Exploration Of Business Administration Essay1269 Words   |  6 PagesTransfer is designed to provide students with the common core of lower division courses required to transfer and pursue a baccalaureate degree in Business Administration. This includes business degrees with options such as accounting, finance, hu man resource management, international business, management, operations management, and marketing.† In order to complete a class successfully the course must be completed with a grade of â€Å"C† or better. Required core course will include several accounting classesRead MoreHuman Resource Management : Human Resources Management Essay1010 Words   |  5 Pagessemester is Human Resources. The position I hope to have in this field in the future is in Human Resources management. Human resources is the division of a company that focuses on activities relating to employees. Human Resources staff search for new recruits, use their knowledge and work to find the best person for the job. Human Resources management are a vital link to the overall structure of a company. Human Resources management dates back as early as the 1920’s where it was a defined field but wasRead MoreHuman Resource Management : An Optimizing Role For Shaping Organizational And Employee Behavior Essay1576 Words   |  7 PagesThe primary function of Human Resource Management is increasing the effectiveness and contribution of employees in the attainment of organization’s goals and objectives. For attaining the goals of the organization, the employees need to work effectively and perform at their best. To get appropriate outcome, the human resource department considers aspects like, equal employment opportunity, affirmative action, human resource planning, recruitment and selection, human resource development, compensation

A Fraternity And A Sorority At Ucla Were Suspended In 2015

A fraternity and a sorority at UCLA were suspended in 2015 for throwing a â€Å"Kanye Western† themed party in which the students were accused of wearing blackface as part of their costumes. Obviously, there is a zero-tolerance policy to those kinds of antics at a university, however, it only shows that today’s culture is far from distancing itself from one of the oldest and most severe forms of racism. Blackface minstrelsy was one of the first American forms of entertainment and it provided a lens through which white America began to view black America in a harmful way. Decades later, hip hop emerged as a way to express resentment towards social oppression, it gave black people a sense of identity and culture through music. Although hip hop†¦show more content†¦These two groups put on costumes to essentially play the role of rappers in order to create a persona that amuses audiences. The problem with this is that they are in fact participating in the demoraliz ation of black hip hop artists and black people in general by mocking the basic part of their human identity. However, John Leland, an author and interviewee from Blacking Up, may disagree when he comments, â€Å"Even minstrelsy at its worst contains good elements†¦A kind of admiration† (Blacking Up 53:40). Sure, blackface pioneer Al Jolson may have shown a desire and curiosity to discover another race’s way of life, however, there is no reason to go about it through the caricature of blacks. Granted, Jolson and other white rappers may have highlighted black music as a way to popularize the culture, but this still ignores the fact that white people have set themselves on a pedestal just to mock a race that they felt was inferior which significantly set back the black community in terms of social development. On the other hand, Brett Gelman of Crack’d Owt defends, â€Å"I don’t think what we’re doing is racist at all† (Blacking Up 45:50) . Sure, Crack’d Owt’s comedy act isn’t intentionally racist as their main purpose is to humor crowds and make money, but the two members still participate in racial prejudice against African Americans because the personas that they adopt only perpetuate the negative stereotypes of the black culture—as if

A Report On Tesla Motors - 2051 Words

Background Information âž ¢ History Tesla Motors was founded in 2003 by a group of engineers in Silicon Valley that wanted to prove to the world that electric cars were the cars of the future (Tesla Motors, Inc, n.d.-a). The goal of Tesla Motors was to make electric vehicles that had instant torque, incredible power, and zero emission (Tesla Motors, Inc, n.d.-a). Tesla Motors engineers first began designing a powertrain sports car built around an AC induction motor, patented in 1888 by Nikola Tesla, the inventor who inspired the company’s name (Tesla Motors, Inc, n.d.-a). In 2008, Tesla Motors launched the Tesla Roadster (Tesla Motors, Inc, n.d.-a). The Roadster was able to travel 245 miles per charge and accelerate from 0 to 60 in 3.7 seconds (Tesla Motors, Inc, n.d.-a). Tesla Motors would sell 2,400 Roadsters in over 30 countries (Tesla Motors, Inc, n.d.-a). In 2012, Tesla Motors discontinued their Roadster design and launched their Model S electric sedan. In 2013, the Model S won Motor Trendâ⠂¬â„¢s Car of the Year award and achieved a 5-star safety rating from the U.S. National Highway Traffic Safety Administration (Tesla Motors, Inc, n.d.-a). In 2014, an all-wheel drive configuration of the Model S that further increased perforce in acceleration achieving a 0 to 60 in 3.2 seconds (Tesla Motors, Inc, n.d.-a). In 2015, Tesla Motors began selling a full-size all-electric crossover SUV, the Model X. The Model X has sold over 2,600 units since its launch (Tesla Motors, Inc,Show MoreRelatedA Report On Tesla Motors Essay1661 Words   |  7 PagesTesla Motors When thinking about the future people tend to look at 20 years from now or 50 years from now. One company has been teasing us and bringing the future to the present. The automobile industry has been viewed as one of the most competitive markets to enter because of its economies of scale, learning curves, access to distribution channels, patents, unrecoverable up-front RD expenditures, and other capital requirements (Stringham, Miller, Clark, p. 85). Despite all of these barriersRead MoreA Report On Tesla Motor856 Words   |  4 PagesTesla Motor is a well-known automobile company in North America, Europe, Australia, Asia and China. It has been the dream car for several environmentalist for a couple of years now. Tesla Motors was first founded in 2003 by engineers in Silicon Valley. These engineers insisted that electric cars could be the future and more effective than gasoline-powered cars. A car that is able to have instant torque, great power and zero emissions and still be envir onmentally friendly. In the process of creatingRead MoreA Report On Tesla Motors1314 Words   |  6 PagesTesla Motors was founded in 2003 by a group of engineers in Silicon Valley who wanted to prove that electric cars could be better than gasoline-powered cars. With instant torque, incredible power, and zero emissions, Tesla’s products would be cars without compromise. Each new generation would be increasingly affordable, helping the company work towards its mission: to accelerate the world’s transition to sustainable transport. After reading about Tesla Motors, the CEO Elon Musk describes his strengthsRead MoreResearch Report On Elon Musk Cofounded Tesla Motors Essay1454 Words   |  6 PagesElon Musk cofounded Tesla Motors, an American automaker, in 2003 and was among the first investors of the firm initially investing 7 million dollars and later adding another 30 million United States dollars (Rothaermrl, Zimmer, 2014 p.2). Tesla Motors designs and markets electric cars in the United States. 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Sales of its current model, Tesla Model S, reachRead MoreTesla Motors External Analyis961 Words   |  4 PagesSWOT ANALYSIS OF TESLA MOTORS SWOT analysis is an integral tool which helps management to identify the internal strength and weakness of an organization and make strategies accordingly to grab external future opportunities and fight against external threats (Kerin ,Hartley and Rudelius ,2012). The report here focuses on the external factors of a SWOT analysis of Tesla Motors (i.e. on Opportunities and Threats). Opportunities The future external opportunities available to Tesla Motors are discussedRead MoreTesla Ford s Influence On American Innovation Essay1567 Words   |  7 Pages Tesla Automakers: Niccolai’s Influence On American Innovation Sir C. Powers UCLA Extension Abstract Tesla Motors was established in 2003 by entrepreneurs Martin Eberhard and Marc Tarpenning. 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Environmental Changes Scanning for Business -Samples for Students

Question: Discuss about the Environmental Changes Scanning For Effective Business. Answer: Any organizational environment depends on few external and internal factors. Proper scanning must be implemented in order to develop an effective business (Wheelen Hunger, 2017). The organizational environmental scanning can be defined as the collecting, interpreting and evaluating the subjective and factual information within the external and internal environment of the organization in order to identify the threats and opportunities for the organization. An effective environmental scanning also includes the consumer analysis, product innovation and industry analysis. Scanning of the external and industry environment can be done through the PEST analysis and Five Force analysis. This essay will analyze the scanning of Coca-Colas external and industrial environment and how the company is responding towards these factors in developing a globally successful business. Coca-Cola is in the 64th position the Fortune 500 list of 2017 (Fortune.com, 2017). Coca-Cola has been dominating the beverage companies in the world for many years. The following analysis of Coca-Cola external and industry environment will help to understand its huge profit generative strategies. The company sells various products like Coca-Cola, Sprite, Fanta, Diet Coke, water, diet coke, juice and health drinks (Coca-Cola, 2017). The environmental scan includes the monitoring, disseminating and analyzing the environmental factors in order to understand how Coca-Cola grew to be a leading brand in the soft drink industry. Scanning of external and industry environmental changes Coca-Colas scanning of external environment factors can be categorized as micro and macro environment. The type of external environment has great contribution over the companys business strategies, performance and decision making is considered as the macro environment. The customers, market trends, suppliers and competition create the micro environment. The economic, social, technological, legal, environmental and political factors influence the macro environment. The internal environment is consisted of management, production competency, inter organizational communication and coordination. A systemantic PESTLE analysis OF Coca-Cola will help to understand the scanning process of the companys external environment (Ho, 2014).. Figure: PESTLE Analysis of Coca-Cola (Source: Made by Author) Political Coca-Cola has to go manage several political issues in its home country as well as in the foreign countries. The international groups, the political scenario of certain countries or regions and lobby groups proves influence strongly. USs invasion of Iraq led to the movement named one day without Coca-Cola caused great loss for the company. The Gaza attack also resulted in hampered business of Coca-Cola in Turkey (Timmons, 2014). Economic This factor proves to be uncontrollable for the company. The tax rates, interest rates, countrys economic growth, labor cost, exchange rate of currency control the economic factor of the companys business. 20th centurys economic crisis has affected Coca-Cola global business greatly. In 2014, Venezuelas the fall in currency rate decreased Coca-Colas revenue by 55% (McGrath, 2015). (Source: Forbes, 2017) Social The consumers health consciousness is rapidly growing and they are looking for more refreshing options with better health benefits. The drink has proven to be potential of causing obesity or heart diseases, which led to significant change in soft drink consumption habit (Gertner Rifkin, 2017). The consumption of Coca-cola has been declined in last few years. Figure: Soft drink consumption decline Source: (HuffPost, 2014) Technological The technological advancements have resulted in newly developed machineries. Coca-Cola is utilizing more of these machineries to bring best quality of products. Coca-Cola is applying such technologies coupling with innovative marketing strategies to ensure more productivity. The packaging system is also adapting newer technologies and making it more attractive for different range of customers. Legal Coca-Cola ensures that all the legal requirements related to customer health and safety, production-distribution and employment are met. The Food Safety or Federal acts of USA are followed by the company (Coca-Cola, 2017). The company does business all over the world, so it should regularly evaluate ad update all the legal factors regularly. Environmental As water is necessary in the manufacturing process of Coca-Cola, the water accessibility is a great issue for the company. The company has to abide by all the environmental laws. In developing countries the soft drink manufacturing costs less also the regions with humid and hot climate can be helpful for the companys business. Five force analyses by porter can be used to scan the environment of the industry. Figure: Porters Five Forces Model in Coca-Cola (Source: Made by Author) Threats of Competitors There are so many powerful soft drink companies like PepsiCo and Cadbury. PepsiCo dominates certain regions of the America and generated more revenue from Coca-Cola regarding the customer loyalty, even PepsiCo stands higher than Coca-Cola (Team, 2016). Threats of new company The new entrants are incapable of creating strong pressure in the beverage industry. Coca-Cola is world famous brand and maintains a strong distribution channel all over the world. The cost for warehouse, labors and vehicles are also high and fixed rate, which could be difficult for the new companies to deal with. Threat of substitute companies For Coca-Cola substitutes like water, coffee, sports drink possess great threat. The baby boomers are showing this trend more. The substitutes are offering many varieties which are satisfying the diverse consumer taste. The caffeine of Coffee and the healthier products of energy drinks are creating strong threat for Coca-cola. Suppliers threat The majority of the bottling industry of USA and Europe is controlled by the Coca-Cola Enterprises and Coca-Cola only owns few percentage of the company. Coca-Cola launches new products at certain interval; so many products often make the supply chain system complicated. Buyers bargaining power The restaurants, stores or grocers mainly buy the soft drink products. They control the bargaining as large stores buy large amount of their products. If the number of the consumers gets decreased, the power of the buyers gets stronger. Coca-Cola must evaluate and consider consumer behavior to manage the buyers. Conclusion The scanning of the external and industrial environment of Coca-Cola has highlighted few important issues and how the company is resolving them. The scanning is helping the company to identify the problems inside and outside the organizational structure. Coca-Cola is applying various business strategies and management skills in order to manage a stable and productive environment which ensures its great effective business. References Brands: The Coca-Cola Company.The Coca-Cola Company (2017). Retrieved 8 August 2017, from https://www.coca-colacompany.com/brands/the-coca-cola-company Fortune 500 Companies 2017: Who Made the List. (2017).Fortune. Retrieved 8 August 2017, from https://fortune.com/fortune500/list/ Gertner, D., Rifkin, L. (2017). Coca?Cola and the Fight against the Global Obesity Epidemic.Thunderbird International Business Review. Ho, J. K. K. (2014). Formulation of a systemic PEST analysis for strategic analysis.European academic research,2(5), 6478-6492. 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