Foundation N22
Foundation N22
Foundation N22
3. When addressing a conflict between two employees, you can follow the problem-solving
process.
Firstly, identify and define the conflict. Then, gather information from both parties involved.
Next, brainstorm possible solutions and evaluate their pros and cons. Choose the best solution
and implement it, keeping open communication with the employees.
Finally, assess the outcome and make any necessary adjustments.
7. There are various leadership styles, including autocratic, democratic, and laissez-faire.
Autocratic leaders make decisions without input from others, democratic leaders involve
team members in decision-making, and laissez-faire leaders give employees autonomy to
make decisions. Each style has its advantages and disadvantages, and the most effective style
depends on the situation and the individuals involved.
8. A SWOT analysis stands for strengths, weaknesses, opportunities, and threats. It helps in
strategic planning by identifying internal strengths and weaknesses of a company, as well as
external opportunities and threats in the market. By understanding these factors, organizations
can capitalize on their strengths, address weaknesses, seize opportunities, and mitigate
threats. It assists in developing strategies that align with the company's goals and respond to
the external environment.
9. The analyzing the external factors affecting Coca Cola Company using PESTEL.
Political: Changes in government policies, regulations, and taxation can impact the
company's operations and market access. Strategies to address this could involve
proactive engagement with policymakers and compliance with local regulations.
Economic: Economic factors like inflation, exchange rates, and consumer spending
patterns can influence Coca-Cola's sales and profitability. To address this, the
company can focus on diversifying its product portfolio and expanding into emerging
markets.
Based on these factors, Coca-Cola can develop strategies such as diversification, innovation,
sustainability initiatives, and proactive stakeholder engagement to address the external factors
and maintain its competitive edge.
Advantages
Disadvantages
Some argue that CSR can be a distraction from core business objectives and lead to
increased costs.
It may also be seen as greenwashing if companies engage in CSR activities solely for
public relations purposes, without making substantial changes to their operations.
Moreover, determining the appropriate scope and focus of CSR initiatives can be
challenging.
REFERENCE