Coca Cola: International Marketing Mix INTRODUCTION: This scope of this essay is to discuss the international marketing mix of Coca Cola‚ which is one of the biggest brands in the world. The debate between the global standardization and local adaptation of the marketing mix has been going on for more than four decades without a resolution (Agrawal‚ 1995) and globalization trends starting in the early 1980’s has further fueled the debate (Jeong‚ 2000). This has led the global companies to make the
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1.0 Introduction Coca-Cola has sold more than one billion servings every day. More than 10‚450 beverages are consumed every second. The company achieved earnings of $4‚347‚000‚000 in 2003. It is present on all seven continents and is recognized by 94% of the world population. How did Coca-Cola grow from its humble roots as a home-brewed Georgia-based patent medicine to be the international soft drink powerhouse that it is today? Coca-Cola used numerous technologies to achieve its rise to the
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Title page (topic title‚ team members with ID‚ year) Introductions (Reasons for selection of topic‚ Aim) Theoretical background for the selected topic (define the selected challenge based on scientific literature: books‚ journals from electronic databases‚ provide some information what is known about the issue) Selected company description and selected challenge analysis The product that has given the world its best-known taste was born in Atlanta‚ Georgia‚ on May 8‚ 1886. Dr. John Stith Pemberton
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SWOT ANALYSIS The Coca-Cola Company (Coca-Cola) is a leading manufacturer‚ distributor and marketer of Non-alcoholic beverage concentrates and syrups‚ in the world. Coca-Cola has a strong brand name and brand portfolio. Business-Week and Interbrand‚ a branding consultancy‚ recognize Coca-Cola as one of the leading brands in their top 100 global brands ranking in 2006. The Business Week-Interbred valued Coca-Cola at $67‚000 million in 2006. Coca-Cola ranks well ahead of its close competitor
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Introduction The Coca Cola Company one of the most popular soft drinks manufacturers in the world. Founded by Dr. John Styth Pemberton‚ who produced the cola flavoured syrup which is mixed with carbonated water. The beverage was first sold through a soda fountain in a Jacob’s pharmacy; Atlanta‚ Georgia. In 1893‚ seven years after first being invented‚ when Coca cola was registered with the United States Patent office. Today 10450 soft drink manufactured by the Coca Cola company are consumed every
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Coca-Cola Marketing Mix: Product‚ Place‚ Price‚ Promotion Product: In order for an organization to be successful it needs to have a well-defined marketing mix. The marketing mix consists of the four P’s; product‚ place‚ price‚ promotion (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). Product is defined as “everything‚ both favorable and unfavorable‚ that a person receives in exchange” (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). The Coca-Cola Company’s products consist of beverage concentrates and
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Corporate Citizenship and the Community what is what is Coca-Cola and citizenship For more than a century‚ The Coca-Cola Company has used its resources to benefit the global community and to demonstrate its leadership to such an extent that the Coca-Cola name has become synonymous with good corporate citizenship. According to a survey carried out by Fortune Magazine‚ Coca-Cola is the most admired company in the USA. The Company believes that it is important to give something back to the communities
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Coca-Cola is the world’s largest beverage company. They employee over 146‚000 employees offer over 3‚000 products worldwide and operate in over 200 countries. The company was founded in 1886 but it wasn’t until 1891 when an Atlanta business man secured the rights to the company that the vision of Coca-Cola was established and their expansion begun. In 1899 Coca-Cola’s first bottler relationship was established. This bottling relationship allowed the company to grow aggressively and expand into
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Mossa Hanna Asyut Group (A) 1- What do you feel Coca-Cola has to offer potential employees? How does this help Coca-Cola attract a quality workforce? Coca Cola does not prefer external recruitment their basic focus is on internal recruitment. They maintain a talent bank for meeting internal hiring needs they only do external hiring in case of sudden recruitments they forecast their future needs and collect the data of applicants in advance Coca-Cola has to offer potential employees because they have
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Introduction Coca Cola markets nearly 2‚400 beverages products in over 200 geographic locations. As a result development of a superior value system is imperative to their operations. Throughout this paper we will analyze their value system by using Michael Porter’s value chain analysis model. In an attempt to paint a current picture of the non-alcoholic beverage industry we will assess the market activity by using mergers‚ acquisitions and IPO’S as our benchmarks to determine if the market is growing
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