Team paper Research Example | Topics and Well Written Essays - 750 words

Team - Research Paper ExampleOne of the expert risks associated with Coca-Cola Company (which is a orbicular business) is in terms of the represent. This is the cost of installing the new technology like cyberspace cables. This is a cite especially in most third world countries where internet connectivity has non reached or people thither do not know how to use it. This therefore means that the conjunction has to incur extra cost in training the local staff (who are usually the majority) and also costs of installing the internet connectivity cables. The costs may be too high and this poses a risk to the company of having less than judge profits or taking too long to reach the targeted profit and meet the goals (Bouchet et al. 2003).The other technological risk is job displacement. This is common nowadays with the increase in technological inventions that employ the use of machines and not human beings. The machines like for cleaning bottles and packaging carry step up the wo rk that previously was being carried out by hundreds of workers. This therefore means that the workers will have to let off and only few to locomote the machines will be required. The risks is in terms of the company being sued for terminating peoples contracts which may ride the company millions in damages hence the company ends up running a losing business or has to shift to another country which is still expensive (Bouchet et al. 2003).The introduction of internet in the company has opened the country to risks of hacking of their systems. Technology has seen the rise in hackers who target the finance and management sectors and hence expose the companys management and financials. The hackers may be employed by rival competitors or may unspoiled want to expose the companys dealings. Some of these hackers steal money from the company and hence poses a risk to the business. All these risks that are brought about by technology make it hard for it to enforce close to new