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Reflection 1 - Komal Agarwal
Reflection 1 - Komal Agarwal
1) Environmental factors: One trade-off Coca-Cola faces, is trying the balance the
environmental impact they have with them trying to maintain cost effectiveness.
While they have made considerable efforts to manage their negative impact on the
environment, there is a considerable impact this would have on their costs. To manage
this trade-off, they need to ensure their efforts are reflecting on long-term benefits.
They also need to explore more innovative options such as biodegradable packaging
options.
2) Managing the trade-off between the health impacts and high levels of sugar on their
B) The pandemic affected the efforts that Coca-Cola made for sustainability. The distribution
and accessibility during the COVID-19 pandemic made it hard for Coca-Cola to manage their
plans for sustainability such as collecting and recycling plastic bottles. During the pandemic,
people also became a lot more health-conscious which would have impacted their portfolio.
Coca-Cola can accelerate progress and profitability while achieving a positive social or
environmental impact by continuing to diversify its product portfolio and focus more on
healthy options, which not only means sugar-free products but products that are good for
your health, and using substitutes like stevia instead of aspartame. They should also focus
more on innovative packaging and instead of focusing on trying to recycle, they should
ensure that their products are bio-degradable. They can also facilitate more tie-ups with
government agencies and NGOs to push forward their agenda of positive social impact.