consume a Coca Cola beverage instead which indicatestheir satisfaction is fulfilled by a want for this particular beverage. Motivation Coca Cola appeals to two types of needs within a consumer. The first is the biogenic needwhich is the psychological utilitarian need of thirst which can be seen as the lowest level of the Maslow Hierarchy of Needs (Fig 2). Coca Cola however seeks to satisfy the higher levelneeds such as hedonic needs‚ ego needs and self actualization. Therefore Coca Colaunderstands
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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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.7 Weakness…………..……………………………………………………………..….….9 Key success factors….………………………………………………………………...10 Conclusion and recommendation………………………………….…………………10 Reference……………………………………….………………………………………11 I. INTRODUCTION 1. Background Coca-Cola‚ often referred to as Coke (generic trademark)‚ is a carbonated beverage that is available in stores‚ restaurants‚ and vending machines across the world. Invented in Atlanta‚ Georgia‚ by Doctor John Pemberton‚ a pharmacist‚ in 1886‚ it has become
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1. Why do you think Coca-Cola has had one ethical issue after another over the last decade or so? Ethical issues have been a problem for Coca-Cola because the company has lacked quality leadership in many areas of the organization. It seems that the company was not prepared to handle disputes or incidents when they occurred. They were slow to respond in many incidents because they were ill equipped to handle the fall out. They essentially had no crisis management skills. It seems that
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Plan: Coca-Cola By group 2: Andy S.N Bima P.B. Gendhis I.B. Narita S. Marketing Plan Outline I. Paper Outline 2 II. Executive Summary 3 III. Company Background 4 IV. Customer Analysis 6 V. SWOT analysis 8 VI. Competitor analysis 10 VII. Marketing Strategy 11 VIII. Conclusion 14 IX. Bibliography 15 I. Executive Summary The Coca Cola Company is categorized to be the most famous trade mark in the world. Coca Cola
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Coca-Cola May 17‚ 2013 I. Introduction Corporate Social Responsibility is the corporate initiative to assess and take responsibility for the company ’s effects on the environment and impact on social welfare. The term generally applies to company efforts that go beyond what may be required by regulators or environmental protection groups. Corporate social responsibility may also be referred to as "corporate citizenship" and can involve incurring short-term costs that do not provide an
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The Coca Cola Company- Branding Strategies Coca-Cola is one of the most recognizable brands around the globe. The history of Coca-Cola began over a century ago since 1886. Today Coca-Cola sells products in over 300 countries world-wide‚ and has over 3‚000 different beverages. The brand is familiar to people all around the world‚ and is available in many different varieties. The company takes pride in the development of unique marketing strategies‚ which have allowed growth and access to various
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MM04 International Marketing Assignment – I Assignment Code: 2013MM04B1 Last Date of Submission: 15th October 2013 Maximum Marks: 100 Attempt all the questions. All the questions are compulsory and carry equal marks. Section-A 1. Distinguish between the ethnocentric and polycentric approach to international Marketing? Under what circumstances is the polycentric strategy a preferred approach for International Marketers?
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the key success factors for Coca-Cola? The first reason of success expansion to the overseas‚ marketers saw an expansion opportunities everywhere. First in 1928 they introduced Coca-Cola to the Olympic Games. Then‚ as in case was mentioned they represented Cola in World War II. Thousands of people sent overseas to War and Coca- Cola rallied behind them. The Second strategy for success is making the brand feel local everywhere around the world. Step by step Coca-Cola found home in more and more
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Title page: Coca-Cola Company Introduction: The Coca-Cola Company is truly global‚ and its main product is recognized and consumed worldwide. The Company organizes 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 organizational structure that is robust and yet also
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