Cadbury and Nestlé: What's in A Colour?
Cadbury and Nestlé: What's in A Colour?
Cadbury and Nestlé: What's in A Colour?
Coca Cola and Nestle are among the most recognizable global brands
or companies that need to compete on a global scale in order to remain
competitive. As recognizable global brands, these firms need to
compete based on the understanding that the world is constantly
changing. The companies must continue looking ahead in order
understanding the forces and trends that shape the business world
currently and in the future ("Mission, Vision & Values", n.d.). Such
understanding is also critical for the success of these businesses
because it enables them to effectively prepare for future events in the
industry. These efforts provide the basis for developing a long-term
destination for the business and the most appropriate strategy for
profitability. For Coca Cola Company, the roadmap to success and
profitability starts with its mission, which also helps the firm to
remain competitive in the global scale. The mission is also significant
for the profitability of the company because it states the purpose of
the firm and acts as the basis for evaluating organizational decisions,
strategies, and actions ("Mission, Vision & Values", n.d.).