Coca-Cola FEMSA's Contribution to Peace Flashcards
What is the Time bank?
a place where businesses and professionals donate their time to support projects for the demobilized population
what is Bogatazo?
the 1948 assassination of liberal leader Jorge, which has since escalated into various conflicts of armed forces
What are the organizations that are actively involved in the conflict?
FARC consists of peasants; ELN consists of student movement; and right-wing paramilitary organization.
What are the effects of the conflict groups?
it has hindered economic and social prosperity
PDSD
created to help limit the influence of conflict groups on society. Allows members of the armed forces to desert and have a chance at civil life.
What three industries did FERMA participate in?
Coca-Cola FEMSA; soft drinks, OXXO; connivence stores, Heineken; beer
How FEMSA implements its values
economic and social value, corporate social responsibility through employees and their families in their community of operation.
FEMSA sustainability and corporate culture
Sustainably framework; quality of life in the company; health and well-being; community outreach; and caring for the environment.
FEMSA economic value creation
hiring local employees and suppliers from the local community, creating direct and indirect jobs. Diversifying its product portfolio, acquisition
FEMSA: Social value creation
social sustainability programs that support education, science, technology, improvement of life, and water conservation, dedicate parts of its profits to CSR actions
How did Coca-Cola grow its franchise?
grew their franchise in Latin America using partnerships with TCCC shares and capital stock.
Activities of FEMSA to create economic, social, and environmental value
Water resources, solid waste management, climate change, well-being, community, and social development
How are PRVC and ARC related?
PRVC was a program for reinsertion into civil life but it was not doing enough so ARC came to aid
Social reintegration includes
psychological counselling , education, adult education, and subsidized public health.
Economic integration
training for the job and earning income