1 2.1.1 Assessing Corporate Reputation 1 2.2 Assume you have become the CEO at Coca Cola. Outline the strategic steps you would take to remedy the concerns emanating from the company’s board of directors‚ consumers‚ employees‚ business partners‚ government s and the media. What elements of social responsibility would you draw from in responding to these stakeholder issues? 3 2.3. What do you think of Coca Cola’s environmental initiatives? Are they just window dressing or does the company seem
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Coca-Cola and International Market Opportunity The Coca-Cola Company has long been a worldwide business. The first soda fountain sales to Canada and Mexico were recorded in 1897 with the first international bottler established in Panama in 1906. Coca-Cola entered China in 1927 and the 100th country‚ Sierra Leone‚ in 1957. Today‚ the Coca-Cola Company is the largest beverage company with the most extensive distribution system in the world. In the first two decades of the twentieth century‚ the international
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been the key success factors for Coca Cola? Answer: The key success factors for Coca Cola have been marketing strategy‚ introducing new products and globalization. Marketing strategy: Coca cola uses different types of marketing strategy for growing and retaining its customer. In early days‚ to build brand recognition‚ they offer clocks‚ calendars and weighing scales with Coca Cola logo to pharmacists who sold their drink. During mass market TV advertising‚ Coca Cola was the pioneers TV advertising
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Product Management ‘Coca-Cola’ ‘Exploring a product‚ product line or product portfolio‚ in relation to a chosen company and the positioning of the product in relation to market share‚ value and product lifecycle stage‚ considering tools and techniques that the company has or should employ to strengthen their market position.’ Jacob Parkinson N0444654 Content: | | * Product Management? | 2 | * ‘Coca-Cola’ | 3 | * Introduction | 3 | * New Product Development
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Marketing Ethics- Coca Cola Introduction The society is becoming increasing concerned about the ethical values adopted by its companies. Marketing ethics addresses principle and standards that define acceptable conduct in the marketplace.(Linda) Marketing unethical means that the action is legal‚ but it actually is wrong. Some companies may promote the marketing ethics in order to increasing their reputation. However‚ some companies may violate the ethical values in order to earn more profits
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About Coca Cola Coca Cola sells over 400 brands in over 312 countries 90 billion servings of coke are consumed each day Coca Cola is a multinational company (MNC) it operates in more than one country across the world It is bottled in 200 countries Multi national companies MNC’s also have many other characteristics : Huge Profits Well known brands Large numbers of employees Headquarters mainly in MEDC’s Why is Coca Cola located in India? Manufacturing the product in the country
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production lines4/ Unique taste5/ World’s leading brand | * Weaknesses1/ Product not healthy2/ The target group of the CC company are mainly younger people.3/ Taste differentiation4/ Sluggish performance in North America5/ lack of popularity of many Coca Cola’s brands | External | * Opportunities1/ advertise it’s less popular products2/ Acquisitions3/ buy out competition4/ It can to provide food in the future5/Growing Hispanic | * Threats1/ New drink competitor have appeared gradually2/ Intense
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its high reputation and strong brand image‚ Coca-Cola Company changed its original name Coke with New Coke in 1985‚ and‚ the company also aims to give their customers better taste (Datta‚ 1996). Generally speaking‚ although the company focus on whole population in the world‚ young generation is the target marketed of the company and they also want to show their products with full of youth and energy to their customers. Pendergrast(1993) states that Coca-Cola are cool and real‚ and ‚ differentiate Coke
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Weaknesses of Coca-Cola A company like Coca-Cola has many internal and external strengths‚ but when launching a product of this sort‚ they begin to run into many internal and external weaknesses as well. As far as internal strengths go‚ Coca-Cola itself is a strong company to say the least. Not only are they a $23 billion company‚ but in 200 nations‚ Coke sells about 400 drink brands‚ including four of the top five sellers right now. They own 36% of the largest Coke bottler in the world‚ Coca-Cola Enterprises
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MM04 International Marketing Assignment – I Assignment Code: 2013MM04B1 Last Date of Submission: 15th October 2013 Maximum Marks: 100 Attempt all the questions. All the questions are compulsory and carry equal marks. Section-A 1. Distinguish between the ethnocentric and polycentric approach to international Marketing? Under what circumstances is the polycentric strategy a preferred approach for International Marketers?
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