Randall Meeks
Financial Accounting Concepts
Mr. Carraher
9-12-2010
PepsiCo, Inc. and The Coca Cola Company have both been in production for ages. Both PepsiCo, Inc. and The Coca Cola Company have become common house hold names through out the world today. Pepsi is one of the best selling products in American history. “Pepsi is the number 2 soft drink company producer, the world over. Pepsi’s number one priority is making sure that their shareholders investments are profitable. Pepsi has been able to achieve this goal for the most part via increased sales, keeping cost low, and spending money wisely. Pepsi takes pride in the name, they have built an excellent brand by deliver a product that is satisfying to the consumer, as well as safe. The investors in the company also can be happy with the return of investment”(investorguide.com). “The Coca Cola Company is likely, one of the most significant brands in American history. Coke can go in a category with a company like McDonalds when it comes to brand value, these two trademarks are 2 of the most recognized in the world. Coke is the highest seller of soft drinks, moving 1.3 billion beverages that are served daily”(investorguide.com). Pepsi and Coke have been mass producing soft-drinks on an assembly line for a very long time and they both have been competing for the number one soft drink seller spot. PepsiCo, Inc and The Coca Cola Company targets all income segments of customers in the entire world as their products are high quality and very recognizable.
Coke and Pepsi offer products so similar that you probably could not tell the difference in a blindfolded taste test.
It is a well known fact that when a business goes outside of the United States borders, that production and supply channel become very important concerns. Both Coke and Pepsi own plants that manufacturer their products all over the world in many different countries and continents.. Both companies compete with each
References: Coca Cola Company (2010). Coca Cola Company. Retrieved September 8, 2010. From www.coca-cola.com PepsiCo Inc. (2010). PepsiCo Inc. Retrieved September 9. From www.pepsico.com Investorguide (2010).PepsiCo, Inc. Retrieved September 8, 2010. From investorguide.com Investor Guide (2010).The Coca Cola Company. Retrieved September 8, 2010. From investorguide.com