its on environmental changes

1. Ans1.
Coca cola are one of the multinational companies. They are like a big organization
they haveto keep much data to keep the track about the trades, profit and what is
going on form consumers to suppliers and verderers etc. basically everyone is
involved in it. It effects the supply chain management of the company in a better
way. Itwill help company to manage track record of demand and supply. Coca cola
is a multinational company, and it has huge demand all over the world. So, to
manage that demand in an effective way keeping record of buyers, suppliers and
vendors is very much important because it will give company an ease to analyze
the sales and the position of the company in the market. Keeping record will
enhance the profitability of the company because everything is in the record and
that record can be easily tracked. So, it was mandatory for the company to keep
record of huge data.
Ans2.
Coca cola to be able to process POS data in near real time it is important for them
to makecritical decisions and that should beaccurate at that time. They mustkeep
the track for the stocks and give benefits to the customers and keep up to date on
feedback. These things make them able to be changed accordingly any time and
react faster. As the company has the record of data, it can be analyzed that what
decision should be made according to the facts and what changes are required.
Customer feedback is very much important while running an organization. As the
company responses the customer feedback immediately, it will build the trust of
the customerto the company.So,itwill help the companyto increaseits reputation
in the market.Thesefeedbackswill help companyto makea changethatis required
by the ground realities (customers or audience). Itwould be easy for the company
make decisions according to the data.
Ans3.
These multinational companies like Coca cola attempts to create favorable
customer experience. They try to create many options for the customers so that
customer is going to find one they like. Like Coca Cola can analyze the big data of
the company to increase the reach of the company with favorable customer
experiences. By analyzing the customer feedback company can create favorable

2. customer experiences. Because customer feedback has great importance for the
company.Companycan do something that is importantaccordingto the customers
and it will help company to grow rapidly.
Ans4.
Many things are important for the coca cola company for having trusted view of
data. Having clean and relevant information to maintain accurate and quick data.
Also,that leads to making moreaccuratedecisions.Asthe companykeepsthe track
record of its sales, customers, suppliers and the demand according to the regions
in a refine form, it would be easy for the company to decide accurately. Because
the data would be simple and accurate, and it is easily understandable so there
wouldbe no difficultywhile makinga decision.Forexample, therecord ofcustomer
feedback has some refine basis it will help company to change the things
accordingly.
Ans5.
Decision model helps to make decisions, consistently. Leads to reducing
uncertainties. In a decision model it is well defined that how the organization will
work. How the manage supply chain, customer care, production and the risks
within the systemof the working. Everything is centralized to work in a good way.
If any issue occurs in the production plant, this model (having risk management)
will tell us that what we should do to complete the production. Decision models
are important for the company work properly.
Ans6.
Black book model is a set model that combine various datasets such as weather,
date, expected crop yields, satellite imagery, regional consumer references and
cost pressure, which is responsible for generating consistent data from 6,001 that
make up an orange and helps keep the flavor consistent. It also combines other
factors: weather, location, time, etc. Requires analyzing quadrillion variables.
Ans7.
There are a lot of benefits for using Black book model. There are some long-term
benefits too like consistent taste, consistent readiness, consistent supply. For an
overall consistent product. By using this model everything will be working

3. according to the situations and if any change occurs in between the model will
suggest the company to manage the product accordingly. So, all the major things
that are affecting the production will be noticed and production unit will act
accordingly to maintain the quality of the product.