Should Coca-Cola build, borrow or buy in 2020 – 2021?

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Step 1: Create a business plan for next year
Coca Cola’s current business plan focuses on accelerating growth in order to strengthen its position as the leading beverage company around the world. The objective is to increase marketing strategies, diversify portfolios, cater for different customer requirements, and establish strong partnerships with other companies (The Coca-Cola Company 2019). Furthermore, this plan has been designed with sustainability at its core—guiding product inputs and processes according to environmental standards set by different agencies (The Coca-Cola Company, 2019).  The future plan must align with these goals and ambitions. For example, one could invest in research and development for new products that are based on customer feedback. This would also ensure their efficiency is maintained by sustainable processes. Coca Cola would be able to maintain its market leader while responding responsibly to customer needs.

Step 2: Evaluate Strategic Alternatives
When determining which strategic alternatives best suit next year’s business goals for Coca Cola several factors must be taken into consideration such as time frame availability of resources external influences etc . Renovating an internal production system can take longer than developing new products. Therefore, borrowing from the partnering organisation or openly sourcing components from external sources is a viable alternative. Instead of creating new technologies from scratch create versions using existing networks to improve scalability. Take advantage of the most cutting-edge solutions available quickly and efficiently. Integration is not required if you buy enterprise resource planning ERP platform. This allows multiple operations to be run under one roof. It also makes it easier to achieve your goal faster.

Step 3: Pick an Option
There are two viable options for meeting your short term corporate goals. One is borrowing from open-sourced platforms of industry partners. The first option is the best, since Coke has teamed up with a number of companies to pursue sustainability initiatives such as Pepsi Frito Lay Unilever Walmart and others. It makes good sense for strategic alliances draw upon need partners scale outlets increase visibility among customers cost-effectively bring desired results quicklyest possible without breaking banks account. Any endeavor herecase guaranteed timely result reach larger audiences extension would be achieved thus having a direct positive effect on overall profits.

Peer Reply #1: Based on your analysis regarding options available for Coke moving forward into 2020–2021 I agree that borrow or buy strategies seem the most reasonable given limited constraints currently faced by the company. You can access important items that might not be possible through other avenues due to financial constraints or lack of resources. Borrowing assets and/or services gives you the opportunity to obtain them. Moreover tapping into resources found through partnership arrangements widens network contacts – allowing additional opportunities for projects expansion engagement clients streamline operational procedures gather data insights help optimize process performance greater insight understanding consumer wants needs launch creative campaigns increase brand recognition attracting attention consumers difficult industries easily elsewhere keep afloat achieve longer term goals ask ourselves which better long run decision making good call?

Peer Response #2: Buying from third-party providers also offers convenience and reliability faster deployment times than established organizations. This is because vendors focus specialized aspect service means team focused design act maintaining needed information systems. The package has lower prices, but the return on investment may not be always obvious. There are extra fees for technical support to fix bugs or upgrade software. These additional costs can lead to increased stability safety measures.

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