With reference to a specific firm, discuss the role of different Essay

With reference to a specific firm, discuss the role of different sources of experience in the asylum process - Essay ExampleInteractive learning mainly takes place between companies and different organizations like technology service providers, knowledge providers, and customers. This paper aims to discuss the role of sources of knowledge in regeneration process of Coca-Cola Company.The Coca-Cola Company has highly benefited from its sources of innovation knowledge, which has highly enabled the companionship to venture almost in the inherent globe (Mazzarol, Elena, and Delwyn 2014, p. 84). Sourcing international innovation knowledge enables Coca-Cola Company to engage in continuous process of innovation that enables the company to stay ahead of its competitors. When there are barriers in the local trades, the company is able to blow a fuse into oversea markets hence overcoming these barriers. It is only through outdoor(a) avenues and sources of innovation knowledge that has enabled Coca-Cola Company to dominate some(prenominal) markets around the world (Rothwell 1994, p. 13).However, innovation knowledge sources do not always generate pecuniary benefits to Coca-Cola. Nevertheless, these external sources of innovation knowledge play a vital role of ensuring that the company sustains its innovation process and gives the company a reputation of being the leading soft drinks company in the world (Masegosa, Villacorta, & Cruz-Corona 2014, p. 72). Building relationships and networks with former(a) successful companies is clearly the key to Coca-Cola success since this enables the company to sustain access of international innovation knowledge (Uecke 2012, p. 60). Therefore, companies should not underestimate the significance of their informal networks.The innovation knowledge sources have enabled Coca-Cola Company to define its market dominance ensuring the firms success through the implementation of significance global operations that enable the company to control its programs in a unified approach. Secondly, Coca-Cola defines the international quality and regulatory