Coca-Cola Matthew Keffler MGT-521 October 9th‚ 2012 Daniel Kearney Coca-Cola Coca-Cola has been a firm that has catered toward the needs of its consumers. It has been around since 1886 and has adapted to the changing market since then. Coca-Cola has noticed the change in business due to the expanding global market. They have encountered the change in consumer preferences‚ the recent economic recession‚ and the emerging markets being a prime contributor to future growth. They have adapted
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HISTORY OF COCA COLA Birth of Refreshing Idea The product that has given the world its best-known taste was born in Atlanta‚ Georgia‚ on May 8‚ 1886. Dr. John Stith Pemberton‚ a local pharmacist‚ produced the syrup for Coca-Cola®‚ and carried a jug of the new product down the street to Jacobs’ Pharmacy‚ where it was sampled‚ pronounced "excellent" and placed on sale for five cents a glass as a soda fountain drink. Carbonated water was teamed with the new syrup to produce a drink
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The code of ethics of Coca-cola is systematic but it doesn’t apply to all countries fairly. They set up their own plants in developing country like India and brazil and they alleged the benefits of the production bring by Coca-Cola but ignore the issue behind which is the water wastage problem. Coca-Cola bottling operations have drastically reduced availability of water for irrigation purposes in countries like India and brazil. Even in the code of ethics of Coca-Cola has pointed out that helping
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On May 8‚ 1886‚ The Coca-Cola product was born in Atlanta‚ Georgia by Dr. John Stith Pemberton‚ a local pharmacist. He produced the carbonated water which was teamed with the new syrup to produce the Coca-Cola drink. (http://www.thecoca-colacompany.com/heritage/chronicle_birth_refreshing_idea.html)•In its first year‚ Coca-Cola products placed on sales for five cent a glass as a soda fountain drink with the sales about 9 glasses a day. (http://www.thecoca-colacompany.com/heritage/chronicle_birth_refreshing_idea
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Brand and category design consistency in brand extensions Yi Sheng Goh Institute of Creative Industries Design‚ National Cheng Kung University‚ Tainan‚ Taiwan‚ and Veena Chattaraman and Sandra Forsythe Department of Consumer Affairs‚ Auburn University‚ Auburn‚ Alabama‚ USA Abstract Purpose – This study aims to investigate the influence of two critical brand extension design components – brand design consistency and category design consistency – on the formation of consumers’ product attitudes
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change‚ is led from the top of the organisation and embraced by all employees. Coca-Cola Amatil was formed following a major re-organisation in 1989 of Amatil Limited‚ one of Australia’s oldest corporations. In 1989/1990 Coca-Cola Amatil sold it’s interests in poultry‚ tobacco‚ communications and packaging‚ leading to a concentration on its core businesses of beverages and snack foods. The involvement of Coca-Cola Amatil in the beverages industry dates back to 1964 with the company’s acquisition
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The Coca-Cola Company: Company Evaluation The Coca-Cola Company is the leading supplier of non-alcoholic beverages in the world. The brand is most recognized in the industry‚ providing over 3‚500 soft drinks‚ sports drinks‚ water‚ juices‚ coffee‚ and milk products to more than 200 countries around the world. Guided by the company’s core values‚ Coca-Cola has created value and accomplished great notoriety through careful planning and execution of their business strategy. Current Strategies Although
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1. General Information on Coca Cola 1.1 Description of Coca-Cola Co. and its history Coca-Cola started as a cure for the addiction to morphine. After Colonel John Pemberton was injured in war and addicted to morphine‚ he looked into ways to find a cure for the addiction and finally in 1886‚ the first non-alcoholic version of a French Coco Wine called Coca-Cola was made. Today the Coca-Cola Company is a conglomerate focused on beverage manufacture‚ retail and marketing. It produces non-alcoholic
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SWOT Analysis of Coca-Cola: SWOT stands for Strengths Weakness Opportunities Threats. SWOT analysis is a technique much used in many general management as well as marketing scenarios. SWOT consists of examining the current activities of the organization- its Strengths and Weakness- and then using this and external research data to set out the Opportunities and Threats that exist. Strengths: 1. Beverage Experience 2. Personnel Relations 3. Knowledge Regarding Competitor 4. Hardworking
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New-Product Pricing Strategies 2. Product Mix Pricing Strategies - In a relationship with cost and customers’ demand - In a relationship with competitors 3. Price Adjustment Strategies a. Discount and Allowance Pricing b. Psychological Pricing c. Geographical Pricing When marketers talk about what they do as part of their responsibilities for marketing products‚ the tasks associated with setting price are often not at the top of the list. Marketers are much more likely to discuss their
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