Founded in 1886‚ Coca-Cola Company is the world’s leading manufacturer‚ marketer‚ and distributor of nonalcoholic beverage concentrates and syrups‚ used to produce nearly 400 beverage brands. Their corporate headquarters are in Atlanta‚ but have local operations in over 200 countries around the world. Some of the key success factors for Coca-Cola include a great product‚ a successful brand image‚ fun advertising‚ creative marketing‚ variety of products and most important a thriving future. They
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Module 2 The Coca-Cola Company Struggles with Ethical Crisis 1. What role does corporate reputation play within organizational performance and social responsibility? Develop a list of factors or characteristics that different stakeholders may use in assessing corporate reputation. Are these factors consistent across stakeholders? Why or why not? Having a good reputation is the most important factor for any business. A corporation can spend many decades building a good reputation with the
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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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Company Overview Coca-Cola drink was created in May 1886 by Dr. John Pemberton in Atlanta‚ Georgia. In 1891‚ entrepreneur Asa G Candler gained ownership of the Coca-Cola business. Ernest Woodruff bought Coca-Cola for $25 million in 1919. Coca-Cola gradually grew and became one of the world’s largest soft drinks company. Although Coca-Cola also deals with non-carbonated drinks‚ its primary products are carbonated drinks. PEST Analysis The PEST Analysis is an analysis to examine the
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Coca-Cola’s Article Inventory System Problems and Background In the factory of Coca-Cola Beverages Ltd. several sorts of popular soft drinks are produced‚ such as Coca-Cola Light‚ Fanta or Sprite. The circulation of these goods is very fast. After being in stock in the warehouse for a short time‚ they are soon delivered to consumers and are replaced by recently produced items. In the finished goods warehouse‚ stocks of 250 different products on 40000 pallets occupy 10001200 storage spaces. For the
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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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Coca-Cola’s • Major Problems o Major problem now is how Coca Cola is perceived in the market o Communicate to the public real intentions to gain consumers trust o Company now stands to lose customers due to hidden ploy of increasing vending machine prices based on weather. o Company still need achieve goal of maximizing profits through vending machine sales. o Consumers may choose cold water instead of a coke to quench thirst on hot days. o Do coke products actually quench thirst in extreme
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Coca-Cola Managing Resource Constraints in China Background China is a major and expanding market for Coca-Cola. Surging sales in emerging markets like China and India have been credited for Coke’s best sales growth for almost nine years with sales rising 19% from 2007 (The Times‚ 2007). According to President of Coca-Cola China‚ Doug Jackson‚ the company currently counts China as it’s fourth-largest market in terms of revenue‚ although it is expected to overtake Brazil to become its third-largest
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Discuss the Organizational Culture of Coca-Cola. Is it a strong culture? Why? The culture of the Coca-Cola organization is mission driven; focused on refreshing the mind‚ inspiring optimism‚ and making a difference. The rich history of the organization has allowed the company to compile hundreds of stories of consumers and employees. These stories share real life examples of what Coca-Cola Company that they created a museum in Las Vegas that focuses on the stories of customers. After visitors heard
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Abstract This case study will provide an overview of the Coca-Cola Company as the perfect business as it pertains to the characteristics that make up a good business. A series of three questions will be discussed. Identifying four characteristics of a good business‚ identify four companies that display these characteristics‚ and in three years after purchasing common stock in these companies determine if the present analysis was correct. Discuss at least four characteristics of a good
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