Marketing Mix [Name] MKT/421 February 6‚ 2013 [Instructor] What is Marketing Mix? Marketing mix consist of four controllable variables which surrounds the target market of the product or service. Process of finding the target market and its marketing mix is called marketing strategy. “The marketing mix—or the four Ps—consists of tactical marketing tools‚ blended into an integrated marketing program that actually delivers the intended value proposition to target customers “(Kerin et al.‚ 2011
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of Coca Cola The Coca-Cola Company is an American multinational beverage corporation and manufacturer‚ retailer and marketer of nonalcoholic beverage concentrates and syrups‚ which is headquartered in Atlanta‚ Georgia. The company is best known for its flagship product Coca-Cola‚ invented in 1886 by pharmacist John Stith Pemberton in Columbus‚ Georgia. The Coca-Cola formula and brand was bought in 1889 by Asa Griggs Candler (December 30‚ 1851 - March 12‚ 1929)‚ who incorporated The Coca-Cola Company
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Identifying and Evaluate Marketing Opportunities 1. There are several marketing opportunities mentioned throughout the case study that Coca Cola have generated over the course of their 125 year history. Please identify at least five examples and categorise them according to the type of marketing opportunities? 2. Explain why it is important for an organisation to seek out new marketing opportunities and provide an example of the benefits one of Coke’s marketing opportunities has provided
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Case Study 4 - The Coca-Cola Company Struggles with Ethical Crises Case #11 January 5‚ 2014 1) The corporate role in any company builds the foundation of how a company succeeds and‚ also‚ how the public views them. Their organizational performance is based on how the company is run and what ethical structure they have in place. Their social responsibility runs parallel with their organizational performance. If a company is not successful within themselves they cannot be successful within
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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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Coca-Cola’s New Vending Machine (A) Case Questions 1. Is selling Coke through interactive vending machines a good or bad idea? Explain your answer. It is a good idea to sell Coke through interactive vending machines. Over the last three years‚ the soft-drinking giants have watched their earnings erode as they waged a price war in supermarkets. Vending machines have remained largely untouched by the discounting. Sales of soft drinks from vending machines have risen steadily over the last
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Case #4 Fizz Factor 1) The Coca-Cola Company in my opinion has all the resources listed in the chapter. They have been such a successful organization over the years that they posses; financial‚ physical‚ human‚ intangible‚ and structural-cultural resources. It is because of their Global nature that I believe that they have these resources‚ and these are needed to for organizations to have capabilities and core competencies. Understanding that because Coca-Cola is such a global brand it means that
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ETHICS AND GOVERNANCE The Coca-Cola Company TABLE OF CONTENTS Pages 1. Executive Summary 3 2. Main Issues 4 3. Ethics Policy and its Development 5 3.1. Proposed Ethics Policy 5 3.2. Rationale of Ethics Policy 6 3.3. Policy Development 6 3.3.1. Virtue Ethic 7 3.3.2. Utilitarianism Ethic 7 3.3.3. Kantianism Ethic
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The Marketing Mix A General Discussion Logic: Marketers have four tools to use to develop an offering to meet the needs of their targeted customers. Collectively they are called the marketing mix. Marketing Mix: You may have heard of the "four Ps" of marketing: product‚ price‚ place‚ and promotion. Collectively these are called the marketing mix. More comprehensively they are viewed as: • product‚ service‚ or program - something of value you are offering the customer‚ client‚ or park visitor
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Creating an effective organisational structure A Coca-Cola Great Britain case study Page 1: Introduction The Coca-Cola Company is truly global‚ and its main product is recognised and consumed worldwide. The Company organises and structures itself in a way that reflects that fact. At the same time‚ the Company looks to meet the particular needs of regional markets sensitively and its structure also needs to reflect that fact. This Case Study illustrates the way in which the Company has built an
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