Coca Cola Organizational Values and Ethical Decision Making Roland W .Ware MGT/521 March 27‚ 2012 David Aiken Coca Cola Organizational Values and Ethical Decision Making Coca-Cola‚ we aim high. And with more than 120 years’ experience of extraordinary success‚ they know how to focus our efforts and achieve what we set out to do. The Coca Cola mission is simple. Coca Cola aim is: To refresh the world ...in body‚ mind and spirit. To inspire moments
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Q1. Trace the history and major milestone of the Coca Cola Company. Write about new businesses‚ divestment‚ new market entered and exited. Coca Cola History: Coca-Cola began its existence in a three-legged brass pot in the backyard of John S. Pemberton on May 8‚ 1886. Pemberton was a pharmacist trying to create a new headache tonic. Pemberton took his creation to the now famous Jacob’s Pharmacy about 2 blocks from his home. There the syrup was mixed with cold tap water and sold to ailing customers
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produce their intended business results. These struggling efforts are producing huge cost to budgets‚ time‚ people‚ customers‚ and faith in leadership. Organizations are spending tens of millions of dollars on change efforts such as reengineering and information technology installations‚ yet not obtaining their intended return on investment. Furthermore‚ the very methods used in these failed efforts are causing tremendous resistance and burnout in people‚ loss of employee morale‚ and turmoil in the cultures
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Marketing Strategy in Action Discussion Questions: 1- Discuss the attitude and related beliefs towards Coca-Cola of intensely brand-loyal consumers (perhaps like those who were upset by the new Coke in 1985). How might their attitude and beliefs differ from those of less involved‚ less loyal consumers? What marketing implications would these differences have? Answer: For those types of consumers they have a strong positive attitude toward the Coca-Cola brand. And this can surpass what
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value among consumers. So‚ the core target audience of Coca Cola is youngster or youth. Their targeting is not based on gender but the results show that both genders like this product and use it. Finally‚ Coca Cola consider each customer as a target and a potential consumer. All age groups are being targeted but the most potential is the age group from 18-25 that covers around 40% of total age segments. To know what their customers need‚ Coca-Cola uses the consumer segmentation criteria and market into
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Discuss the Organizational Culture of Coca-Cola. Is it a strong culture? Why? The culture of the Coca-Cola organization is mission driven; focused on refreshing the mind‚ inspiring optimism‚ and making a difference. The rich history of the organization has allowed the company to compile hundreds of stories of consumers and employees. These stories share real life examples of what Coca-Cola Company that they created a museum in Las Vegas that focuses on the stories of customers. After visitors heard
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Coca-Cola Marketing Mix: Product‚ Place‚ Price‚ Promotion Product: In order for an organization to be successful it needs to have a well-defined marketing mix. The marketing mix consists of the four P’s; product‚ place‚ price‚ promotion (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). Product is defined as “everything‚ both favorable and unfavorable‚ that a person receives in exchange” (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). The Coca-Cola Company’s products consist of beverage concentrates and
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What Happened at Coca-cola Advantage of Diversify Organization In a multicultural nation such as the United States‚ one would assume that the concept of diversity would have a clear definition; but the definition of diversity differs from person to person‚ from organization to organization‚ and from author to author. In some organizations‚ diversity is strictly focused upon race‚ gender‚ religion‚ and disability status; in other organizations‚ the concept of diversity is extended
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Coca-Cola Managing Resource Constraints in China Background China is a major and expanding market for Coca-Cola. Surging sales in emerging markets like China and India have been credited for Coke’s best sales growth for almost nine years with sales rising 19% from 2007 (The Times‚ 2007). According to President of Coca-Cola China‚ Doug Jackson‚ the company currently counts China as it’s fourth-largest market in terms of revenue‚ although it is expected to overtake Brazil to become its third-largest
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marketer of non-alcoholic beverages in the world‚ Coca-Cola has a strong brand recognition and brand portfolio. The company owns more than 400 brands‚ including sports drinks‚ teas‚ juices‚ and energy drinks. Coca-cola operates in more than 200 countries‚ with 75% of profits coming from abroad (Hoover‚ 2009). The company ranks well ahead its closest competitor Pepsi‚ with brand equity of $67 billion compared to Pepsi’s $13 billion. However‚ Coca-Cola is threatened by intense negative publicity and
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