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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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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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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Objectives The main objectives for the Coca-Cola Company are to be globally known as a business that conducts business responsibility and ethically and to accelerate sustainable growth to operate in tomorrow’s world. By having these objectives‚ it forms the foundation for companies in the decision making process. Strategy One of our goals is to maximize growth and profitability to create value for our shareholders. Our efforts to achieve this goal are based on: (1) transforming our commercial
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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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June 2011‚ Chris Percy‚ Pacific managing director of Nielsen Consumer Group‚ said “It’s no surprise that consumers are increasingly concerned about their household budgets in response to such fluctuating economic conditions‚ and the cost-saving strategies currently being employed by consumers are likely to continue well into the year.”(Jessica Kennedy‚2011) Due to the rising concern of the current unstable economic condition in Australia‚ the people have developed a tendency to save or spend only
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declining sales of the company In the long term‚ Gupta needs to ensure the basic safety standards are always being met by the company so the event does not occur again. He also needs to further penetrate into the market and should work ways and strategies of increasing customer base. Firstly‚ Gupta must understand that Coca Cola has faced several crises in the past. On February 2003‚ CSE (Center for Science and Environment)‚ an activist group in India has already brought the issue about Coca-Cola’s
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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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COMPANY OVERVIEW The Coca-Cola Company (Coca-Cola) is a leading manufacturer‚ distributor and marketer of Non-alcoholic beverage concentrates and syrups‚ in the world. The company owns or licenses more than 400 brands‚ including diet and light beverages‚ waters‚ juice and juice drinks‚ teas‚ coffees‚ and energy and sports drinks. The company operates in more than 200 countries. Approximately 74% of its products are sold outside of the US. The company is headquartered in Atlanta‚ Georgia and employs
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The term Sales Promotion broadly refers to all those promotional activities which are undertaken to stimulate interest‚ trial or purchase of a product by the end user or other intermediaries in between. Besides advertising and personal selling‚ all other activities undertaken to promote a product can be classified under sales promotion! | |According to the Institute of Sales Promotion‚ "Sales Promotion comprises that range of techniques used to attain sales or marketing objectives in a cost effective
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