Coca Cola Risk Analysis

The operation of the company involves some of the risks that it has to be aware of. The bottles can break due to mishandling, leading to losses in the company. The employees risk getting injured in the process of production, hampering their productivity, ultimately making the levels of operations difficult. The company risks losses in trying to compensate the employees who have had accidents. Employees need to operate under favourable conditions and this means that the company risk losing some of its employees if they feel their needs is not adequately met. The company might lose its customers if it produces goods that might not be consumers’ specifications. When customers opt for other products other than Coca-Cola’s, the company will become

Risk assessment chart

Type of risk Harmful effects Affected group Control measures

Fire Destruction of property Employees and consumers Fire extinguisher to stop a fire from expanding

Employees lose Low productivity The company shareholders provide satisfactory working conditions

Legal operation rights Shutting the business The company shareholders Follow the rules and regulations strictly

Income losses Lower investments The company stakeholders Have good managerial skills to ensure inputs generate outputs

Customer loss Low profits and more losses The company stakeholders Discover the different marketing strategies such as production of healthy but different products to cater for the diverse needs a

Competitiveness Products wastage due to lack of preference The managers encourage innovation in the company to come up with something unique that stands out

Injury Poor health Employees Provision of safety tools such as helmets, gloves, head and eye protectors

Breakages Losses to the company Employees and investors Employment of a skilled labor

Litigation Spending money on compensation The company Produce products that and environment and consumer

The manner in which management handles and relates with the workforce will determine if conflicts in the company can be resolved. The consumers need to be satisfied by receiving healthy products for consumption. Competitiveness of the company will be effective after considering the employment factors and consideration. Research shows that companies that pay well have good returns simply because the competitiveness is very high. Workers put their efforts in meeting the company’s goals and objectives (Mattson, 2005). They observe due care in the production process and negligence is never part of their operation because they will always want to secure a well-paying