Assignment of Strategic Management in the Coca-Cola Company INTRODUCTION OF COCO COLA Coco cola is one of the largest refreshment company. It was invented in 1886 by pharmacist john stith pemberton in Columbus. He was trying to search a cure for his addiction to Morphine used as a painkiller as he was injured in war and he got addicted to morphine. In 1889 coco cola brand and formula was bought by asa griggs candler and after he founded the coca cola company in 1892. ACQUISITIONS DONE BY COCO COLA There are many companies which are acquired by coco cola in the history such as: a) Minute maid in 1960 b) Indian coco cola brand thums up in 1993 c) Braq’s in 1995 d) Odwalla brand of fruit juice in 2001 REVENUE The annual reports conducted …show more content…
They then put it into cans and bottles. Bottlers company then distribute, sell the product to any retail store , food service distributors and vending machines. But there is an exception when it comes to fountain syrups. Coca cola company itself is responsible for manufacturing and selling of fountain syrups directly to fountain coca cola retailers . Criticism Coca cola company was in controversies due to their monopolistic and discriminatory practices. Some of lawsuits filled have been continuing criticism regarding coca cola relation to middle east and U.S foreign policy. Strategic Management DEFINATION OF STRATEGIC MANAGEMENT It is analyzing , making decisions and taking actions by an organization to make a sustained competitive advantages for the company or an organization. In other words strategic management is a way of making new formulas , implementing new ideas and evaluating which makes an organization or a company to reach their goal or make a way to their objectives. The main objective of strategic management is to maintain company standards to make it running and make profit out of trades. It deals with both factors of an enterprise internal and external. Internal factors include the organization itself and its various parts or sub parts and external factors deals with the customers and competitors. FORMULATION When formulating a strategy for any
What Is Strategic Management a process for defining and addressing the management implications of an organization's strategic and operational plans? A long-term context for short-term activities. Strategic management is the analysis of the work done by the management of an organization on behalf of the owners. It gyrates around expressing the purposes of the organization and coming up with an appropriate mission and vision statement. Mission and vision statement together are used to help develop policies and plans to be used in long term and short term goals often categorized as projects or programs. It also involves the right resources of management to ensure that the business profit are maximized to grow the company. Strategic Competitiveness
The Coca-Cola system is not a single entity from a legal or managerial perspective, and the company does not own or control all of their bottling partners. While many view the company as simply "Coca-Cola," their system operates through multiple local channels. The Company manufactures and sells concentrates, beverage bases and syrups to bottling operations, owns the brands and is responsible for consumer brand marketing initiatives. Coca Cola’s bottling partners manufacture, package, merchandise and distribute the final branded beverages to Coca Cola customers and vending partners, who then sell their products to consumers (Wikipedia, 2).
The Coco-Cola company is a company that has been a part of the American culture and that have could sustain its brand name and that of a strong competitor in the global beverage market for as long as the company has been in existence. The Coco-Cola company was founded in 1886 in the United States and quickly positioned itself as the leading soft drink in America. Its competitor PepsiCo, has always been a strong contender and rival but has never risen to the level of out producing Coco-Cola who has consistently dominated the beverage market in America for a greater part of the early century. In their attempt to ensure that they remain the leading soft drink there was a thrust to go global which they did by expanding their market in almost every country around the world. Their rival PepsiCo has had to diversify beyond the soft drink industry to include waters, juices, teas and snacks to be able to sustain a viable and sustainable profitable revenue. As Coco-Cola continue to expand in the global market, it quickly became a brand that was hard to beat especially since most of it revenues came from the overseas market and this was not without it challenges.
All these rumors about Coca-Cola of course damaged the image of the company very much and caused many problems. Sales were going down each year. More and more people didn’t trust Coca-Cola anymore.
PepsiCo, Inc. was established through the merger of Pepsi-Cola and Frito-Lay. Pepsi-Cola was created in the late 1890s by Caleb Bradham, a New Bern, N.C. pharmacist. Frito-Lay, Inc. was formed by the 1961 merger of the Frito Company, founded by Elmer Doolin in 1932, and the H. W. Lay Company, founded by Herman W. Lay, also in 1932. Herman Lay, former chairman and CEO of Frito-Lay, was chairman of the board of directors of the new company; Donald M. Kendall, former president and CEO of
In 1888 Coca-Cola was sold to Asa Candler whose innovative and aggressive marketing tactics would kick start Coca Cola on its path of global domination. From the start rival Pepsi Cola established itself as a formidable number two in the soft drink market. Founded in 1893 Pepsi would continue to play second fiddle to Coke for over sixty years. Coca Colas marketing strategy was simple yet genius. Make Cokes presence known everywhere in America. Ensure that advertisements are placed in every city and every town, and guarantee that no matter where you go, a cold and refreshing Coke beverage was available within arm’s reach. By doing this the Coca Cola Corporation made their product a part of the American identity.
Historically there are a relatively small amount of concentrators, a large number of bottlers (around 500), and an even larger number of retail outlets. The concentrators are the typical companies mentioned above like Coca-Cola, Pepsi, and Dr. Pepper/Seven Up; these concentrators are at the top of the supply chain. The concentrators produce the flavor- like the Mountain Dew or Coke flavorings for the bottlers to then add the sugar and carbonated water followed by the actual bottling and distribution to retail outlets. The bottlers, even though a separate part of the process, are typically owned, franchised, or have stake held by the concentrators. For example, Coca-Cola Co. is in charge of producing the flavor, which is then sent to a bottling plant to be finish mixing and be bottled, which is owned by Coca-Cola, and then distributed to retail outlets.
The soft drink industry, though, is rather complex. In the United States, Canada, and the EU, most soft drinks are sold through concentrate producers and bottlers or those franchised to sell their brands. These marketing
Strategic management is the process where leaders establish an organization’s long-term direction, set the specific performance objectives, develop strategies to achieve these objectives in the light of all external and internal changes, and undertake effective strategies to manage these changes and execute action plans.
In 1894 the Coca-Cola Company is in a candy store in Vicksburg, Mississippi, brisk sales of the new fountain beverage called Coca-Cola impressed the store's owner, Joseph A. Biedenharn. He began bottling Coca-Cola to sell, using a common glass bottle called a Hutchinson. Biedenharn sent a case to Asa Griggs Candler, who owned the Company. Candler thanked him but took no action. One of his nephews already had urged that Coca-Cola be bottled, but Candler focused on fountain sales.
The Coca - Cola Company began its legacy in 1886. Dr. John Pemberton, a pharmacist from Atlanta, created the patented Coca - Cola syrup for sale in fountain
Coca-Cola 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. He created a flavoured syrup, took it to his neighbourhood pharmacy, where it was mixed with carbonated water and deemed “excellent” by those who sampled it. 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.
Coca cola’s product are the concentrates, these are sold to various licensed coca cola bottling companies in world. In Australia it is done by Amatil. These bottlers have the contract to produce the finishing products as we know it as cans and bottles.
To begin with the case, both companies are global giants in the beverage category and marvels that keeps the global markets busy in debate; “The Cola Wars” should be analyzed. Internationally Coca Cola is an undisputed leader in the cola category but Pepsi remained its severe competitor and a very able one at that.
bypasses bottlers and is responsible for the manufacture and sale of fountain syrups directly to