Coca-Cola Control Mechanisms: Bureaucratic and Market Controls

Prepare a paper in which you address the following as it relates to Coca-Cola.

Identify 2 types of control mechanisms (ways controls are applied) used in your selected organization.
Compare and contrast these control mechanisms.
Determine the effectiveness of these control mechanisms.
Examine the positive and negative reactions to the use of these controls.
Explain how these controls affect the four functions of management.

Bureaucratic control is the use of rules, regulations, and formal authority to guide performance. It includes such items as budgets, statistical reports, and performance appraisals to regulate behavior and results.

For Bureaucratic Control, write on a company rule or regulation. Like employee evaluations, Budgets, production reports

Market control involves the use of pricing mechanisms to regulate activities in organizations as though they were economic transactions. Business units may be treated as profit centers and trade resources (services or goods) with one another via such mechanisms. Managers who run these units may be evaluated on the basis of profit and loss.

For Market Control, How is a can of coke priced? How much of the soft drink industry is controlled by Coca-Cola?

 

Solution Preview

See attached file.

Control Mechanisms Used by Coca Cola
Control Mechanisms
Coca Cola among many businesses utilize control mechanisms to keep employees motivated. Two types of control mechanisms that this company uses are as follows:
1) Employee Incentive Programs
These are used to keep employees motivated. Productivity goes up when employees are motivated through encouragement and rewards (Bateman & Snell, 2009).
2) Company Policies and Rules
These are used to keep employees in line. There are no rewards but consequences for not following the policies and rules. Consequences can be suspension or fired from a job, or a demotion.
Comparison of the Two Control Mechanisms

Control Mechanisms Employee Incentive Programs Company Policies & Rules
Compare & Contrast Used as motivators Used as ultimatums
Effectiveness Very effective Very effective
Positive Reactions • Employees welcome incentives and will follow program to receive them.
• Will make suggestions to improve the incentives.
• Enjoy their jobs more when incentives are in place • Employees will abide by policies and rules figuring they are in place for everyone to be safe and follow rules for the job.
Negative Reactions • Employees are not happy if they do not receive the expected …

Solution Summary

To continue with the answer place an order at https://myhomeworkwritings.com/
Myhomeworkwritings
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Why Choose Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

Customer Support 24/7

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Services

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission and Business Papers

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Editing

Editing and Proofreading

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Coursework

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.