Executive Summary This report came about through a request from the CEO to evaluate the economic forces driving a multinational corporation. The analysis was performed on the trade policies and economic variables that are impacting the worldwide operations of Coca-Cola from a tactical and strategic perspective. The six research areas contained in this report reflect: Effects of labor and wages on the organization’s international and domestic operations The report reflects the company’s labor and employee process. It also uncovers the history of Coca-Cola’s largest labor and wage disputes. Open economies and growth impact on business operations The research reflects the countries that are easy to do business as well as the potential …show more content…
The consistent planning and willingness to tap new markets will continue to make it an excellent choice for emulation and investment. Introduction The Coca-Cola Company is an American multinational beverage corporation and manufacturer, retailer and marketer of nonalcoholic beverage concentrates and syrups, which is headquartered in Atlanta, Georgia. The company began its’ rise to stardom with the flagship product, Coca Cola. The tasty drink was created by pharmacist John Stith Pemberton on May 8th, 1886. The formula and brand were purchased by Asa Griggs Candler in 1889 and incorporated in 1889. Along with the original product, better known as Coke, the corporation offers more than 500 brands in over 200 countries. In the early 1900’s, Coca-Cola began to globalize. Bottling plants were initially built in Cuba and Panama as the US military spread to these regions, causing a rise in demand for the Coca-Cola brand. These plants proved to be successful, reducing shipping and delivery costs typical in these regions. Soon after, additional bottling plants opened in Hawaii, Puerto Rico, and the Philippines. (Saylor 2013) These efforts launched Coca-Cola’s investment in testing foreign markets for future expansion opportunities. By 1926, Coca-Cola had established foreign relationships and plants around the world in support of its newly created center of global operations. In the present, Coca Cola has had its share of issues internationally. As
The company known as Coca-Cola today was started in September of 1919, but the first Coke brand was served as early as 1886. Since that time it has grown to be one of the most globally recognized brand names with a stock value of $167 billion. Coke’s plan has always been developed with the future in mind. Right away the company realized that it was more profitable to manufacture the concentrate used to make carbonated drinks than to bottle it. From that point on they saw the entire world, not simply the originating country, as their desired market. It seems only practical that the company should pursue this agenda until conquered then focus the effort on expanding into different product lines. This logical
This case study is the story of Coca-Cola, its history and the report about one of the most fascinating stories about the company this is still regarded by many as a mysterious case: “the introduction of the new Coke”.
John Pemberton invented Coca-Cola in 1886 in Atlanta Georgia selling only nine bottles a day. Today Coca-Cola is one of the largest distributor and marketer of non-alcoholic beverage company’s in the world. It’s everywhere. Coca-Cola has 900 plants around the world and approximately 123,000 employees worldwide with its product being sold to 200 countries. It has hundreds of brands and thousands of products sold worldwide. Coca- Cola has one of the most sophisticated and persistent production and distribution systems in the world. It markets its product affordably in restaurants, stores, vending machines; concession stands, sporting events and etc. They also sell apparel with there logos on them to promote their brands and products. With a brand so large and successful it has several
Coca Cola was made by an Atlantan Pharmacist Dr. John S. Pemberton in 1886 in Atlanta, Georgia. He wanted to create the best soft drink for soda fountains. Coca Cola’s headquarters is in Atlanta, Georgia the product can be found anywhere in the world. A candy store worker took a trip to Atlanta for ideas of product to sell and found Coca Cola getting sold then he started to sell it with Coca Cola's permission. After that it started to diffused into other cultures from visitors seeing the product and told many other people about it.
The objective of this report is to evaluate the Organizational Resources and Competitive Strategies of The Coca Cola Company in the USA. This study is conducted in order to carry out the company’s overall strategic Marketing reasoning. The report will highlight the Marketing capabilities, Competitive strategies adopted and the competitive Advantage Coca Cola USA has over its competitors in the country.
Coca-Cola is produced by The Coca-Cola Company of Atlanta, Georgia, and is often referred to simply as Coke (a registered trademark of The Coca-Cola Company, which is in the United States since March 27, 1944). It is a carbonated soft drink sold in the stores, restaurants, and vending machines of more than 200 countries.. Originally proposed as a patent
Political condition involve the laws made, government agency and also unions. Since Coca Cola is a multinational company, it run its operation all around the globe. To do this they have to comply with many rules and regulation in many different country. This make it harder for them to do any promotional activity as some country prohibits some product to be advertise. Coca Cola must then study the rules and regulation, terms and condition of a country before engaging it. And also because a Coca Cola manufacturing plan offers jobs to many worker, unions are definitely an important factor that will affect the way they manufacture their product. Pressure form consumer will also affect the marketing strategy as practices that are deem unethical will be
ANSWER 2: In the 1980s, Coca Cola changed its strategy from a localization approach where individual country units essentially ran their own operations, to a more centralized approach where key management and marketing activities took place at the company headquarters in Atlanta. The company extended this strategy to include foreign bottlers. By taking equity stakes in the bottlers, Coca Cola was able to exert greater control over them. Coca Cola made the shift to the global standardization strategy because it believed that by doing so, the company could gain significant economies of scale. However, by 2000, the company was ready to change its strategy once again. Coca Cola was losing market share to companies that used a more localized strategy, and under the guidance of its new CEO, Coca Cola began once again to give local managers more decision making power. This time however, while giving country managers the autonomy to tailor product
The famous Coca-Cola soda Industry founded and developed in 1880’s by John Pemberton in America. The company has rapidly grown and spread all over the world. Currently the coke company has been founded in 200 countries and over 84000 suppliers. Despite the great expansion, the company has been facing challenges in global market, where the products are said not to be nutritional.
In 1886, Dr. John S. Pemberton and his partner Frank M. Robinson created a distinctive tasting soft drink that shortly became known as “Coca-Cola.” The new beverage quickly spread throughout Atlanta, Georgia, under the leadership of businessman Asa G. Chandler (“Coca-Cola History”). At the turn of the century, Coca-Cola started expanding throughout the country and globalizing to Latin American countries. The first abroad bottling companies were built in Cuba and Panama as the U.S. military expansion to these regions increased the demand for Coca-Cola branded drinks. Shortly after, Coca-Cola
Founded by John S. Pemberton in Antlanta, Georgia, United States, the Coca-Cola Company had created a great impact in the world history. By manufacturing carbonated drinks and drinking water, the company had secured partnerships with different bottling operations around the globe, mostly from Latin America and Asia, having the Coca-Cola FEMSA, Inc. as one of their largest franchise partners. In 1912, it had expanded its business in Asia, for the first time, by starting a bottling industry in the Philippines (Chong, 2013).
Coca-Cola Inc. is a global leader in the beverage industry. The history of the company 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. The name Coca-Cola refers to two of its original ingredients: kola nuts, a source of caffeine, and coca leaves. Later on Dr. John S. Pemberton took his created flavored syrup to his neighborhood pharmacy and mixed it with carbonated water. Those who sampled it deemed the drink “excellent”. 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 (Worldofcoca-cola.com). Although Coca-Cola Inc.’s headquarters are in Atlanta, Georgia, the company’s operational reach encompasses over 200 countries worldwide across six operating regions: Eurasia, Africa, Europe, Latin America, North America, and Pacific (Coca-colacompany.com). We can say that Coca-Cola is available in every country, including Cuba and North Korea (through the grey market). Today the company produces more than 300 beverage brands and over 1.08 billion drinks are consumed per day around the world.
bypasses bottlers and is responsible for the manufacture and sale of fountain syrups directly to
Coca-Cola was created in Atlanta Georgia by Dr. John Pemberton. He came across the idea when he had came back from fighting in the Civil War. He wanted something that would bring him commercial success. He first started selling his product at pharmacies and did not do so well in his first year of sales. This didn’t stop him to continue with selling his soft drink that later turned into a huge company.
Coca-Cola and PepsiCo compete at length with each other among an extensive list of other brands. A key concern for both of these companies in 2011 was their capability to market, produce, and distribute across national boundaries of a single nation. This concern has decreased as both companies were able to push though their limitations and were able to establish manufacturing plants in countries across the globe. (Coca Cola Company, 2011)