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 top of the soft drink industry, defining new technologies and establishing paradigms that popped the status quo like a cap from a soda bottle. Through technology, Coca-Cola perfected Coke as a beverage and spread it throughout the world. Even today, the US soft drink industry is organized on this principle. "The Coca-Cola Company" is now the largest soft drink company in the world. Every year 800,000,000 servings of just "Coca-Cola" are sold in the U.S alone.
1.1 Company Background
The Coca-Cola Company is now the largest soft drink company in the world. Coca-Cola became the largest manufacturer, distributor, and marketer of non-alcoholic beverage concentrates and syrups which operate in more than 200 countries. Coca-Cola was invented on May 1886 by Dr. John Stith Pemberton in Jacob's Pharmacy in Atlanta, Georgia. The name Coca-Cola was suggested by Pemberton's book-keeper, Frank Robinson. He penned the name Coca-Cola in the flowing script that is famous today.
2.0 Corporate Vision & Mission
Coca-Cola has been marketed with catching marketing themes such as "Drink Coca-Cola" and "Delicious and Refreshing". After years of globalization and brand building, Coca-Cola proudly pronounces its Mission Statement "The Coca-Cola Company exists to benefit and refresh everyone who is touched by our business". And their goals: The basic proposition of our business is simple, solid and timeless. When we bring refreshment, value, joy and fun to our stakeholders,... [continues]
Cite This Essay
(2007, 10). Coca-Cola Business Strategy. StudyMode.com. Retrieved 10, 2007, from http://www.studymode.com/essays/Coca-Cola-Business-Strategy-122449.html
"Coca-Cola Business Strategy" StudyMode.com. 10 2007. 10 2007 <http://www.studymode.com/essays/Coca-Cola-Business-Strategy-122449.html>.
"Coca-Cola Business Strategy." StudyMode.com. 10, 2007. Accessed 10, 2007. http://www.studymode.com/essays/Coca-Cola-Business-Strategy-122449.html.