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Perform a SWOT analysis for the coca-cola company in the soft drink category
Perform a SWOT analysis for the coca-cola company in the soft drink category
The impact of global factors on Coca-Cola
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The Coca-Cola Company is one biggest enterprise that people across a global is lots of consumed and recognized. Also, the company has organized structure of itself in terms of reflecting on the particular requirement of local market sensitively. (Coca Cola company Case study). In this essay will analysis achieving of company strategy and consider about responsiveness of product to customers. Responsiveness, however, have to consider the international business strategy that to be suitable with regional and analysis their supply chain through cost and efficiency trade-off. In addition this statement will be aware of swot of company as well. - The global and local strategy of Coca Cola Once again, the Coca Cola enterprise is largest beverage “A unique and recognized brand” Coca Cola is the most popular among trademarks across the globe. 2. “Quality” Consistently they have offered high quality of product for consumer. 3. “Marketing” carried on a good idea, inventive and innovative into marketing platform across a globe. 4. “Global availability “ Coca cola product was bottled and spread around the world more than one decade ago. 5. “Ongoing innocent “ Constantly offering purchasers with new product for instance, diet coke (1982), Coca cola Vanilla (2002). (Coca Cola company Case study). The illustration below shows around the world of distribution of sale of products by number percent in 2003. SWOT analysis of Coca Cola Company Strengths of Company 1. “Advertising and marketing capabilities”: The company has spent annual advertisement that was $3.499 billion, $3.266 billion and $3.342 billion in 2014, 2013 and 2012, respectively. Advertising payment charged for 6,9% of total profits each year. In 2014, The Coca Cola Company was the biggest promoter in worldwide about the beverage industry. (Coca Cola Company,
One of the Coca-Cola Company’s strongest strengths lies in its ability to conduct business on a global scale while maintaining a local approach, one of the most intelligent strategies thought up by the human resource department of Coca-Cola.
Therefore, the long-term brand of Coca cola and better pricing strategies would help in competing with Pepsi. Unlike, Pepsi, Coca cola had targeted entering into partnership and alliances with local distributors and firms. This helps to develop strong relationship within the domestic firms to reduce the domestic barriers and thus, enhance the company’s competitiveness (Thabet, 2015). Lastly, the Asian markets consist of related and supporting industries to the soft drink industry that helps the companies in gaining a strong competitive position in the markets. Based on the competitive advantage of nation’s model, Coca cola has more home based advantages to develop a competitive advantage in relation to other countries on a global
Analysis of the Coca-Cola Company The Coca-Cola Company is the world's leading manufacturer, marketer and distributor of soft-drink concentrates and syrups. The Coca-Cola Company is the world's leading manufacturer, marketer and distributor of soft-drink concentrates and syrups. The Company markets many of the world's top soft drink brands, including Coca-Cola, Diet Coke, Sprite and Fanta. Through the world's largest and most pervasive distribution system, consumers in nearly 200 countries enjoy the Company's products at a rate of more than one billion serving a day.
He therefore developed a hybrid concept referred to as composite strategy. This concept advocates for the combination of competitive and collaborative strategies. The principal behind it is that appropriate combination of collaborative and competitive strategies will result in a superior competitive advantage than what can be achieve by either incorporating the initial concepts (competitive and collaborative) independently. In international business environment, firms need to be flexible in order to operate at an optimal level. Composite strategy will precisely help them do that. It is for this reason that this paper will analyze Coca Cola multinational company to establish whether it has successfully incorporated composite strategies and if not so, r...
The Coca-Cola Company is one of the most popular beverage companies in the
Coca-Cola Company has over 500 nonalcoholic brands including juices, energy drinks, and water, among others. It is undisputed the largest beverage firm globally. The firm started operations in the year 1886 in the United States, but currently, the company operates in over 200 countries ("Form 10-K", 2017). The firm prides itself on globally recognized nonalcoholic brands such as Coca-Cola, Fanta, Sprite and Diet Coke. One of the critical successes factors of the company is its efficient distribution system that makes it possible to distribute the products to every part of the world. The company has a network of companies controlled or owned
Coca-Cola is a drink driven market selling over 230 brands of soft drinks, energy drinks, juices, and water.
Consistent with its mission statement, Coca-Cola maintains a global force with it products. The company markets four of the world’s top five carbonated soft drinks; Coca-Cola “the world most valuable brand”, Diet Coke, Fanta and Sprite. The company also continues to make a difference to excel and retains an international focus, marketing and distributing its products in over 200 countries globally. Coca-Cola makes it products available to consumers thru a supply chain of its network of vertical and horizontal controlled bottling and distribution operations as well as independently bottling partners, distributors, wholesalers and retailers. Coca-Cola operating groups are all over North America, South America, Africa, Europe and Asia, Pacific, Bottling Investments, and Corporate. With a total assets of $ 90.055 billion, Coca-Cola is the dominant leader of the global soft drink and the combination between sales, technology development and marketing have made them one of the most widely recognized and profitable companies in the world.
Second, Daft embraces foreign cultural norms and thereby improves Coca-Cola’s acceptance internationally. This strategic change was symbolized through Daft’s decision to stop construction of a large, ostentatious new headquarters on European soil. Although Daft’s changes put Coca-Cola in a position to respond well to local opportunities, his global strategy was subject to certain risks. First, innovative product ideas and successful marketing strategies implemented at the local level might inadvertently remain there. In addition, customizing products to meet local tastes can be expensive.
Coca –Cola (KO) is one of the world’s largest beverage companies. Company was incorporated in September 1919 under the State of Delaware law and headquarters is located in Atlanta Georgia. But from 1886, company established its brand in US (Coca-Cola, 2012, p. 1). Currently company is providing for more than 500 varieties of non-alcoholic sparkles to the customers around the world. Apart from this, company also serve for still beverages that includes enhanced water, water, ready-to-drink, juices, energy drink, sport drinks and so on.
The Coca Cola Company has been among the world’s top companies that have been able to perform well in all the areas of the world. The company follows the latest strategic research and evaluation methods to formulate such strategic policies that helps in not only meeting the customer expectations and desires but also achieving various organizational goals and objectives.
Coca-Cola is a company with sustainable competitive advantage. The company is innovative and has an extensive business model with boasts of a sustainable distribution network. The company was incorporated in the late 1800s to commence the production of a sweet fizzy beverage that has become the world's most known brand. Presently, the company is still on an upward trajectory as it remains one of the world's most sought-after stocks. The company's competitive advantage has shown resilience and sustainability over the years.
Shortly after creating the Coca-Cola soft drink, Dr. John S. Pemberton passed away. Before he passed away he sold parts of his business to different individuals but a majority was sold to Asa G. Candler. Under Asa’s leadership the company began to grow exponentially. Today Coca- Cola is making over 41 billion dollars of revenue per year. They have expanded into other markets outside of the soda business. For example they own dasani water, vitamin water, powerade, fuze, simply orange, and many other small companies.
As the world 's largest manufacturer and distributor of non-alcoholic beverages, Coca-Cola is certainly no stranger to global marketing. Established in the US, Coca-Cola initiated its global expansion in 1919 and now markets to more than 200 countries worldwide. It is one of the most recognizable brands on the planet and also owns a large portfolio of other soft drink brands including Schweppes, Oasis, 5 alive, Kea Oar, Fanta, Lilt, Dr Pepper, Sprite and PowerAde. Despite this, Coca-Cola often struggles to maintain its market share over its main rival PepsiCo in some overseas markets, particularly Asian countries.
Coke Facts The Coca Cola Company Coca Cola India: Key Facts - Coca Cola Business, website: http://www.cokefacts.com/facts/facts_in_keyfacts.shtml