frameworks help us understand the full picture
Copyright © 2012 Pearson Canada Inc.
9
The External Environment of Strategy
Macro Environment Political, Economic, Sociocultural, Technological, Environmental, Legal
• The Coca-Cola Company is an Equal Opportunity Employer that values the diversity of its employees, customers, and consumers.
LEARNING OBJECTIVES
1. Explain the importance of the external environment for strategy and company performance…often called the Structure Conduct Performance (SCP) Model. Contrasted with Ch 3 and the Resource Based View of the Firm (RBV). Together these two approaches satisfy what we used to call our SWOT.
About the company
• One of our greatest strengths lies in our ability to conduct business on a global scale, while maintaining a local, community-focused approach. We build our company by building relationships - with the consumer, with our customers and bottlers, and with the communities we serve.