.......................30 Historical Summary Coca-Cola started as a fountain beverage used for medicinal purposes in 1886 selling for five cents a glass. It grew quickly‚ but only after a bottling system was developed did Coca-Cola have a chance to became the world-famous brand it is today. In 1894 in a candy store in Vicksburg‚ Mississippi‚ sales of Coca-Cola impressed the stores owner‚ Joseph A. Biedenharn. He began bottling Coca-Cola to sell‚ using a common glass bottle. Two attorneys
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Module 2 The Coca-Cola Company Struggles with Ethical Crisis 1. What role does corporate reputation play within organizational performance and social responsibility? Develop a list of factors or characteristics that different stakeholders may use in assessing corporate reputation. Are these factors consistent across stakeholders? Why or why not? Having a good reputation is the most important factor for any business. A corporation can spend many decades building a good reputation with the
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been the key success factors for Coca Cola? Answer: The key success factors for Coca Cola have been marketing strategy‚ introducing new products and globalization. Marketing strategy: Coca cola uses different types of marketing strategy for growing and retaining its customer. In early days‚ to build brand recognition‚ they offer clocks‚ calendars and weighing scales with Coca Cola logo to pharmacists who sold their drink. During mass market TV advertising‚ Coca Cola was the pioneers TV advertising
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Discuss the PESTEL changes of an organization over the last decade. PESTEL Analysis for Coke Coca-Cola‚ the largest manufacturer‚ distributor and marketer of beverage concentrates and syrups in the world. Coca-Cola is recognized as the world’s most valuable brand. They market four of the world’s top five non-alcoholic sparkling brands‚ including diet and light beverages‚ mineral water‚ enhanced waters‚ juices and juice drinks‚ teas‚ coffees and energy and sport drinks. Through the world’s largest
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Assessment 1 Case Study Report of Coca Cola Company Hang LU S81293 Executive Summary The Coca-Cola Company (NYSE: KO) is the world ’s largest beverage company‚ largest manufacturer‚ distributor and marketer of non-alcoholic beverage concentrates and syrups in the world and is one of the largest corporations in the United States. The company is best known for its flagship product Coca-Cola‚ invented by pharmacist John Stith Pemberton in 1886. The Coca-Cola formula and brand was bought in
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the company focus on whole population in the world‚ young generation is the target marketed of the company and they also want to show their products with full of youth and energy to their customers. (Pendergrast‚ 1993). Even if there is no specific product or communication for less than 12 or more than 30‚ the brand succeed in reaching them‚ through partnerships for example (restaurants‚ fast foods such as McDonald’s) or thanks to its value among consumers. So‚ the core target audience of Coca Cola
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5. References & Appendices --------------------------- 36 1. Introduction The Coca-Cola Company is the world ’s largest nonalcoholic beverage company. They own or license and market more than 500 nonalcoholic beverage brands‚ primarily sparkling beverages but also a variety of still beverages such as waters‚ juices‚ ready-to-drink teas and coffees‚ energy and sports drinks‚ and etc. Along with Coca-Cola‚ which is recognized as the world ’s most valuable brand‚ they own and market four of
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Strengths 1. Product diversity. Soda companies have several hundreds of brands‚ which include: carbonated and noncarbonated drinks‚ water‚ and snacks 2. Extensive distribution network. Products are served to more than 10 million stores per week in more than 200 countries. 3. Customer Service Orientated. Soda Companies recognize their role in a society and engage in education‚ recycling‚ water usage reduction‚ obesity fighting and other projects 4. Successful marketing and advertising
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sales of the company In the long term‚ Gupta needs to ensure the basic safety standards are always being met by the company so the event does not occur again. He also needs to further penetrate into the market and should work ways and strategies of increasing customer base. Firstly‚ Gupta must understand that Coca Cola has faced several crises in the past. On February 2003‚ CSE (Center for Science and Environment)‚ an activist group in India has already brought the issue about Coca-Cola’s Kinsley
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The Coca-Cola Company In 2006‚ The Coca-Cola Company adopted a new compensation plan for its Board of Directors. Its main point is that‚ the members of the Board get payed if the Company meets the performance goals it targeted. During a period of 3 years (mid-point of the Company´s performance strategy)‚ yearnings per share must raise at a compound rate of 8% a year. The plan foresees a flat fee of $175.000 in stock each year‚ with no extra payments. When the performance goal is met‚ at the end
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