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economic analysis of coca cola
overview of the coca-cola company
overview of the coca-cola company
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Coca- Cola Company
The Coca- Cola Company is the largest beverage company in the world. The first serving of Coca-Cola was sold in 1886 on May 8th. The Coca- Cola Company, which is until now, was founded in 1892 and headquartered in Atlanta, Georgia in the United States. Nowadays, Coca-Cola own or license and market more than 500 nonalcoholic beverage brands in more than 200 countries, including soft drinks, sports drinks, milk drinks, juice, tea and coffee, and also it is the world's largest fruit juice beverage dealers. Coca-Cola own and market four of the world’s top five nonalcoholic sparkling beverage brands: Coca-Cola, Diet Coke, Fanta and Sprite. (2013 annual reports)
One reason that we chose it is it is not only the number one in global sales of soda drinks, but also the world's most famous soft drink brands. In soft drinks industry, the Coca-Cola Company has tremendous influence. Although there are many competitors, such as Pepsi in global, Royal Crown in America, Virgin in Europe, and Future Cola in China, etc., Coca–Cola Company is still in the leadership of soda drinks market in most countries. “We make our branded beverage products available to consumers throughout the world through our network of Company-owned or -controlled bottling and distribution operations as well as independent bottling partners, distributors, wholesalers and retailers — the world’s largest beverage distribution system.” Consumers in more than 200 countries enjoy its beverages at a rate of 1.9 billion servings a day. Thus, people pay close attention to every important decision Coca–Cola Company makes. (2013 10-K)
Another reason is that Coca–Cola Company has its unique corporate culture and idea of development. Coca–Cola has a great ...
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... and put more energy on their employees’ right and working environment. This way Coca-Cola could keep high quality partners and enhance the auditing of its supplier by reducing the partners.
Second, shows Coca-Cola Company’s ethics to the partners and let them know what Coca-Cola wants them achieve. This could help its partners follow Coca-Cola’s ethical goals and make sure they understand what should do and what should not do as Coca-Cola’s partners.
Third, Coca-Cola could reward employees for ethical behavior and report partners’ unethical behavior to the local officials. Rewarding employees for ethical behavior may hurt short term profits but will really increase company’s long term value. Reporting partners’ unethical behavior to the local officials is good for local community. The partners who still break the rule should take their responsibilities.
Coca Cola Company has over 300 different brands across 200 countries. The company offers customers both carbonated and non-carbonated beverages which include fruit drink, fruit juice, sports drinks, bottle water and coffees. To stay ahead of the competition, Coca Cola is always developing new and existing brand locally and globally. The company does a good job investing a lot of money in marketing campaigns. These campaigns are meant to help with spreading awareness so that customers can stay inform of new and existing brands.
Invented in 1886 by Dr. John S. Pemberton, Coca Cola has become known for its recognizable brands and distinctive taste. Coca Cola Enterprises falls under the beverage industry and reaches consumers in over 200 countries, having the world’s largest beverage distribution system. In today’s market, the number of daily sold Coca Cola beverages averages 1.9 billion. Its mission is to “refresh the world, inspire moments of optimism and happiness and create value and make a difference” (Coca Cola website). Its vision serves as a framework to guide all aspects of the business to continuously achieve sustainable quality growth. Coca Cola’s recognizable brands and distinctive taste has created one of the world’s largest beverage systems that focus on its mission and vision to continuously sustain quality growth.
While Coca-Cola’s mission statement covers its basic goals, it also has a vision for the company. The specific components affected by the vision are the people, portfolio, partners, planet, profit, and productivity. Combining all of the factors creates a general social and ethical goal to accomplish sustainable growth. More specifically,
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.
Coca-Cola has an extensive history that began in 1886 when the curiosity of an Atlanta pharmacist, Dr. John S. Pemberton, led him to create a distinctive tasting soft drink that could be sold at soda fountains (WOCC 1). He created a flavored syrup, took it to his neighborhood pharmacy, where it was mixed with carbonated water using the process of effervescence and deemed “excellent” by those who tried the new product (1). Dr. Pemberton’s partner and bookkeeper, Frank M. Robinson, is credited with naming the beverage “Coca‑Cola” as well as designing the trademarked, distinct script, still used today(1).
Logo is acknowledged everywhere throughout the world. The Coca-Cola drink was established in 1886 in Atlanta, Georgia by creator John Pemberton, an average of nine servings of Coca-Cola was sold each day. As of today, Coca-Cola has expanded its numbers to 1.9 billion servings of company merchandise (Coca-Cola, 2017, Who we are).
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.
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.
Those supervisors from claiming coca cola dependably think as of those workers likewise a key and only the framework. Those oversaw economy thinks around its employees, which may be obliged to those conveyances from claiming remarkable execution. Those directors would enthusiastic to make a binding together power in the workplace, which may be required for giving work to improved results What 's more administrations. That administration puts stock in delivering results that need aid environment-friendly Also solid. Those association coca cola have a adaptable worldwide picture Also addresses those evolving benefits of the business Progress. The organization honours its representatives who presentation handy execution Furthermore assistance those association to accomplishing its
Coca-Cola is considered as a leader in producing soft drink in the world. It stands in the position of the most popular soft drink with a tremendous number of consumers promoting its growth. As of
The Coca-Cola company is one of the world’s leading soft drink maker, operating in more than 200 countries, selling more than 400 brands of non-alcoholic beverages including diet and light beverages, waters, juices and juice drinks, teas, coffees, sports and energy drinks. Coca-Cola is one of the most valuable brands in the world and is also recognized as one of the most successful brands globally. The success of this brand revolves around five main factors.
efficient way of doing business. Coca Cola is always aware of their employee performance and makes sure that their employees are
Coca-Cola believes in delivering better performance requirements better capabilities. So its HR policy is planned in procession with this approach and stand on attracting and retaining the brilliant people and developing them constantly.
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.
He explained that the company culture of Coca-Cola is structured by seven core values namely accountability, quality, diversity, collaboration, integrity, passion and leadership. Their culture is strong because these values are deeply embedded and adhered to by employees who accept and commit to them. He reiterated that the employees are committed to transforming the company and the work environment is a platform that employees use to share ideas and develop beneficial and meaningful opportunities as well as resources and skills. Passion plays a big role in the company’s culture because the attention is not only concentrated on the company’s brands but on the employees and the public in