KATHLEEN JOY L. BALLESTA BSBA-MM3 1. what are the international marketing variable ( controllable and uncontrollable ) that affect coke ? Much was said in the first chapter about the necessity to take into account the global "environmental" factors. These factors are those so called "uncontrollables"‚ unlike the "controllable" factors of price‚ promotion‚ place and product. They include market tastes‚ economic‚ socio cultural‚ legal‚ technological‚ competitive and political factors to
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Marketing Mix A Marketing Mix is the combination of product offering used to reach market for the organization. The marketing mix comprises the product (what the actual offering comprises)‚ Price (the value exchanged for the offering)‚ promotion (the means of communicating that offering to the target audience‚ promotional mix) and distribution (also known as place‚ the means of having the offering available to the target audience). The Marketing mix is also known as the four Ps and which are as
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The Coca Cola Company‚ founded in 1886 in Atlanta‚ the United States‚ is the world’s largest nonalcoholic beverage company. Coca Cola currently owns and markets more than 500 beverage brands (Anonymous‚ 2010)‚ including waters‚ sports and energy drinks‚ juices‚ tea and coffee‚ which are distributed in over 200 countries throughout the world. Along with Coca Cola‚ the company also owns Sprite‚ Fanta and Diet Coke‚ which are four of the world’s top five nonalcoholic beverage brands (Anonymous‚ 2010)
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COCA-COLA IN AFRICA THE DECISION Table of Content Integrative Cases Study – Page 3 Case Study Analyses – Page 4 References – Page 6 Integrative Case 1.1 Coca-Cola in Africa 1. Why is Coca-Cola so interested in Africa‚ which is typically regarded as part of the base of the global economic pyramid? Coca-Cola is an organization that has been around since 1892. Coca-Cola is looking for new emerging growth markets and Africa has proven to be that. Combined‚ 12 of the
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meanings of Coke to you? My personal feeling towards Coke is that it’s a sweet soft drink that can bring sense of refreshment when drinking frozen. But it’s too sweet for me‚ so I always add lemon with it. 2. What was Coca-Cola’s brand building strategy in terms of marketing 4Ps (Product‚ Price‚ Place‚ Promotion)? Product: Originally invented to be “an ideal nerve tonic and stimulant”‚ later in 1929 Coke (“The Company”) amend the tagline to be “the pause that refreshes”. Price: Packed in
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value. According to Interbrand‚ The Coca Cola Company is the most valued ($77‚839 billion) brand in the world. 2. World’s largest market share in beverage. Coca Cola holds the largest beverage market share in the world (about 40%). 3. Strong marketing and advertising. Coca Cola’ advertising expenses accounted for more than $3 billion in 2012 and increased firm’s sales and brand recognition. 4. Most extensive beverage distribution channel. Coca Cola serves more than 200 countries and more
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it comes to CSR‚ Coca Cola is undoubtedly one of the biggest contributors of all. All over the world‚ this company has developed and innovated number of ways to reach out to the people and make their lives easier‚ and happier. In India‚ it has provided health checkups‚ medicine‚ and education to rural communities. It has funded polio eradication and blood donation camps‚ along with providing a 24-hour emergency service for children. In some districts of Andhra Pradesh‚ Coca-Cola has conducted camps
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weaknesses in useful areas of a company. IFE matrix also gives a foundation for recognizing and assessing associations among those parts. The IFE matrix is utilized in strategy formulation. An example of internal factor evaluation matrix is given for the Coca-Cola Company. Steps in the Construction of IFE Matrix 1. In the first column‚ lists down all the strengths and weaknesses. IFE matrix should include 10 to 20 key internal factors. 2. In the second column‚ assign weights to each factor
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extracts of Coca leaves and Kola nuts • Business sold in 1888 to business men • Candler acquired competitors and promoted Coca-Cola → Rapid sales increase since 1895 • In 1894 J.A. Biedenharn invented selling the prepared drink in bottles 2. Company Background (continued)• In 1919 a group of investors bought Coca Cola for around $25 million• Robert Woodruff turned the company into what it is now:• One of the worlds most recognized brands and a MNE with huge profits• 1993‚ Coca Cola entered India
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The Coca-Cola Company (KO) is the world’s largest beverage company‚ and it owns or licenses more than 500 nonalcoholic beverage brands. The company owns four of the world’s top five nonalcoholic sparkling beverage brands: Coca-Cola‚ Diet Coke‚ Fanta and Sprite. The prototype Coca-Cola recipe was formulated at the Eagle Drug and Chemical Company‚ a drugstore in Columbus‚ Georgia‚ by John Pemberton‚ originally as a coca wine called Pemberton’s French Wine Coca. He may have been inspired by the formidable
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