Tuesday, September 24, 2019
Public Policy Issue Research Paper Example | Topics and Well Written Essays - 750 words
Public Policy Issue - Research Paper Example It is essential for organization to embrace the virtue of ââ¬Å"Corporate Social Responsibilityâ⬠and this will enable them to comprehend the incentives that are crucial to the employees and locals. Part A: Issue Description Coca cola is a multinational that is aggressive in its objective of dominating the beverage production and dissemination market. Coca Cola is proceeding with its take over of competitive brands that are threatening its successful domination of the market. Evidently, the Coca Cola products are predominant in the beverage market in numerous countries including the US. The Coca Cola Corporation (US) is insistent on improving the healthcare arrangement to become inexpensive to employees (Geisel 1). Numerous organizations are dependent on the contribution of their employees in enhancing the productivity of their companies. The US authorities are pressurizing corporations to enhance the medical standards that govern the health procedures of individuals (Oââ¬â¢ Connell 1). Some institutions are reluctant to integrate these policies in their programs citing it will increase their expenses and this will eat into their earnings. In addition, several institutions are instigating plans to structure health plans that will subsidize the medical expense of their employees. It is probable that this law can injure the profit margins of the institutions and this debate has been soaring with several institutions advocating for its revocation. However, it is vital to consider the tribulations that employees undergo in carrying on their duties and initiate policies that can mitigate the health hazards that will occur (Oââ¬â¢Connell 1). Part B: Business Political Strategies Stakeholders Primary Coca cola Management Coca Cola Employees (US Branch) Secondary US Government US Citizens And Workforce I. Financial Strategy a. Political Consulting Our organization, the Coca Cola Corporation (US), will commence initiatives that will encompass the governments request for corporations to create affordable health packages for their employees. It is imperative for our organization to facilitate the formulation of tactics that will assist in the enhancement of healthcare (Geisel 1). This program will entail the intervention of the Governmental authorities to explain the financial structure of this health reform. Our responsibility is to impact positive elements in the dissemination of inexpensive health to individuals. This paper is discussing the influence of public guidelines and strategies that Coca Cola can adopt to ensure its organization is in cohesion with the requirement of the Public Policy Authorities. Our company acknowledges there has to be initiatives that will assist incorporation of the healthcare improvements. It is debated that reforming the employees health insurance is coherent and is representative of the privileges of staff (Oââ¬â¢Connell 1). We will present our analysis of reforms that will be beneficial to the organ ization employees and illustrate the welfare prospects of our corporation. b. Economic Leverage The Coca Cola Corporation will liaise with a particular health provider that can offer favorable rates for the corporationââ¬â¢s employees (Geisel 1). This will diminish the expense of the cooperation in medical affairs since the hospitals will consider the special
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