Connect on Whatsapp : +97143393999, Uninterrupted Access 24x7, 100% Confidential. Connect Now
Error goes here
Please upload all relevant files for quick & complete assistance.
Equity in Power Structures Strong Compliance to Traditional British Values Hierarchy in Organizational Structures Web of Culture in the UK Tolerance a ...
Equity in Power Structures Strong Compliance to Traditional British Values Hierarchy in Organizational Structures Web of Culture in the UK Tolerance as a Symbol of Racial/Religious Equality Equity in Control Systems Respect for Customer Individuality Reference CONTEMPORARY STRATEGIC MANAGEMENT IN GLOBAL CONTEXTS: PepsiCo Mandeep Kaur Sodhi(MAN -7035) Thus based on the Web of Culture, the managerial implications for PepsiCo is similar to that in its home town of US where similar cultures values of achievement, competition and success and adherence to historical traditions are followed, thus demonstrating limited need to induce alterations. PepsiCo’s (2021) vision, mission, strategic objectives and overall culture have always emphasized upon fulfilling changing customer needs and demands via integrating diversification within their existing food and beverag e products. It is thus no surprise that PepsiCo’s mission is to ‘Create More Smiles with Every Sip and Every Bite’ and its vision is to ‘Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose’ PESTLE Analysis(Sources: PepsiCo 2021; Torkornoo and Dzigbede 2017) Political Economic Social Technology Legal Environmental Increased Us - China trade relations tensions due to the Covid - 19 pandemic Global Recession due to the Covid - 19 pandemic High market Demand from young customers towards processed food and beverages Increasing consumer demands towards healthier, unprocessed and low sugar, low salt and fat options. Increased global developments in Research, Automation and investments in Knowledge Management or Information systems –an opportunity Prevalence of governmental pro - health legislations such as the Sugar Tax Diverse Food Regulatory Standards across different countries. Compliance with environmental sustainability demands by ensuring 90% of its packages are biodegradable and recyclable. Criteria PepsiCo Coca Cola Dr. Peppers Nestle Value 9 10 7 8 Gross Profits 10 9 8 8 Revenue 8 9 7 7 Net Income 8 9 8 9 International Operations 10 9 7 9 Social Media Presence 9 10 8 8 Overall 9 9.3 7.5 8.16 Thus, for the purpose of further expanding and sustaining into the UK, PepsiCo will need to diversity its strategies in terms of integrating digital marketing practices, automation within its principles and a strong compliance to cultural values and ethical understanding of sensitive social concerns so as to prevent criticism. In conclusion, further diversification into the health and fitness sectors will further allow it cope from possible risks of Brexit, pro -health taxes and inflation in the UK. Beba , U. and Church, A.H., 2020. Changing the game for women leaders at PepsiCo: From local action to enterprise accountability. Consulting Psychology Journal: Practice and Research , 72(4), p.288. Clarke, A.E., 2019. Situating grounded theory and situational analysis in interpretive qualitative inquiry. The SAGE handbook of current developments in grounded theory , pp.3 -48. International Trade Administration, 2021. United Kingdom - Market Overview . [online] International Trade Administration | Trade.gov. Available at: <https:// www.trade.gov/knowledge -product/united -kingdom -market -overview> [Accessed 6 April 2021]. Johnston, K.A. and Everett, J.L., 2015. Cultural influences on strategic communication. The Routledge handbook of strategic communication , pp.143 -156. Maital, S. and Barzani, E., 2020. The global economic impact of COVID -19: A summary of research. Samuel Neaman Institute for National Policy Research , 2020 , pp.1 -12. PepsiCo, 2021. Mission and Vision . [online] PepsiCo, Inc. Official Website. Available at: <https://w ww.pe psico .com/about/missio n-and-vision > [Accessed 6 April 2021]. Quan, J., 2020, November. The Trend of PepsiCo by Comparing PepsiCo’s Financial Reports in 2018 to 2019 Based on Harvard Analytical Framework. In 2020 5th International Conference on Modern Management and Education Technology (MMET 2020) (pp. 162 -166). Atlantis Press. Torkornoo, H. and Dzigbede, K., 2017. Sustainability Practices of Multinational Enterprises in Developing Countries: A Comparative Analysis of Coca -Cola and PepsiCo. Full Issue V11N2 , 11(2), pp.19 -30. Zhang, Z., 2019. Risk Analysis of Two Leader Drink Company: PepsiCo and Coca -Cola. Asian Business Research , 4(3), p.42. Culture’s Influence on strategy development (Source: Johnston and Everett 2015) Web of Culture PepsiCo is a multinational beverage and food company which is based in Harrison, New York, the United States (PepsiCo 2021) PepsiCo Inc. Situational Analysis: TOWs Matrix (Sources: PepsiCo 2021; Quan 2020) Concluding Remarks and Entry Strategies Balanced Scorecard (Zhang 2019) Strengths/Opportunity Strategies Weaknesses/Opportunity Strategies Highly diversified product portfolio spanning across almost 100 brands – 22 of which generate profits worth $1 Billion in Annual Retailing Sales (Diet Pepsi, Pepsi, Fritos, Pepsi Max) – and also inclusive of both beverages (46%) as well as food products (54%). One of the most highly valued global brands, as per Forbes rankings in 2019 with a value of $ 18.8 Billion. PepsiCo demonstrates a commendable global presence, with 58% of its markets operating in the United and the remaining 42% distributed across almost 200 nations. Complies with environmental sustainability principles by ensuring that almost 90% of its packaging materials are recyclable or biodegradable. Need to counter overreliance upon processed and packaged foods and carbonated or sugary beverages as its primary products – which can cause disruptions amidst growing health concerns across customers. The organization received recent criticism in lights of its controversial ‘Black Lives Matter’ commercial which projects protesters offering a can of Pepsi to the police. Need to develop a global partnership strategy which can contribute to the diversification of products and customers. Weakness/Threat Strategies Strength/Threat Strategies Focus upon research and development to explore recent consumer driven demands of product diversification demonstrating principles of health, fitness, special dietary requirements and environmental sustainability Undergo further product diversification into apparel or foods and beverages focusing upon optimum health and dietary concerns Demonstrates opportunities for further growth and expansion, in terms acquisition of at-home Soda Machine brands and sparking water brand Bubly. Opportunities to expand existing digital marketing or e-commerce strategies in light of the recent Covid -19 pandemic. Recent $3.85 Billion acquisition of Rockstar Energy Beverages thus demonstrating competitive advantage against Monster Beverage. Engage in continuous market analysis in response to stiff competition from additional global brand such as Nestle, Coca Cola and Dr. Peppers. Need to comply with pro -health governmental regulations such as the Sugar Tax. Engage in international expansion beyond Asia in response to emergence of Trade tensions with China in light of the recent Covid -19 pandemic. Need to undergo further product diversification in response to increased customer dislike towards sugar beverages and processed foods in light of health consciousness.
Enter the password to open this PDF file:
Specially designed essay help services have made MyAssignmenthelp.com one of the most prolific proposal essay help providers. We have arrays of expert essay writers who successfully deliver essay help depending on broad ranges of subjects and topics. We provide nursing essay help, MBA essay help, English Essay writing help and law essay help to students from different fields of study. Broad ranges of essay writing services assist us to offer quality contents within a specific time limit.
On APP - grab it while it lasts!
*Offer eligible for first 3 orders ordered through app!
ONLINE TO HELP YOU 24X7
OR GET MONEY BACK!
OUT OF 38983 REVIEWS
Received my assignment before my deadline request, paper was well written. Highly