Tuesday, April 25, 2017

Week 4: Part 1F

Integrated Strategic Marketing Plan: Section Four
Part 1- Consumers and Stakeholders
F.      Secondary Stakeholders
While primary stakeholders have a direct interest in a company, secondary stakeholders have an indirect interest (Gomez, 2017). However, secondary stakeholders could also be primary stakeholders because local workers might live in the communities (Gomez, 2017). The Coca-Cola Company’s secondary stakeholders are the residents who live in the areas surrounding the Coca-Cola factories or bottling plants.
The secondary stakeholder residents have an indirect interest in the company because of how it could affect the surrounding environment and workforce. There are 900 manufacturing and bottling facilities worldwide, and some of them are still in developing countries (Journey Staff, 2012). For example, Coca-Cola bottling subsidiaries in India have had a dismal track record with pollution and excessive water usage, and as a result one plant was shut down and one potential plant was denied land to build (Ethical Consumer Research Association, 2017). In many of the other communities with a plant or factory, Coca-Cola is a force for good by providing jobs, but it is still important that the company realize these problems and attempt to correct them in order to win back these secondary stakeholders.







References
Ethical Consumer Research Association. (2017). The Coca-Cola Company- Pollution & Toxics. Retrieved from http://www.ethicalconsumer.org/companystories.aspx?CompanyId=13247&CategoryId=288190
Gomez, C. (2017). Why Are Secondary Stakeholders Important to a Company? Retrieved from http://smallbusiness.chron.com/secondary-stakeholders-important-company-23877.html

Journey Staff. (2012). Offices & Bottling Plants. Retrieved from http://www.coca-colacompany.com/stories/offices-bottling-plants

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