Friday, April 5, 2019
Coca Cola Company Is The Largest Multinational Company Marketing Essay
Coca Cola ac guild Is The Largest Multinational caller-out Marketing EssayThe Coca-Cola guild is the largest multinational company all over the world, which produces non-alcoholic deglutitions, including the famous Coca-Cola and Sprite. In 2009, the company revenue has counted $31 billion with $6.8 billion net income. Company is more than 124 categorys in business, and employs 92.800 people. Coca-Cola Company is one of the small numbers of companies, which sales more than one billion drinks per day.The Coca-Cola Company was established in 1892 when Dr. John Smith Pemberton and Ed Holland formed a company named J. S. Pemberton Medicine Company. The company was established to exchange three products Pembertons French Wine Cola (now is known as Coca-Cola), Pembertons Indian Queen Hair Dye, and Pembertons bollock Flower Cough Syrup. Later on in 1894 company was renamed to Pemberton Chemical Company. Ed Holland became the Vice-president, while D. D. free muscularity was president of the company. After three years, company again changed name to Pemberton Medicine Company, a co-partnership between Pemberton, A. O. Murphy, E. H. Bloodworth, and J. C. Mayfield. Muthar Kent was elect CEO and Chairman of the Board on July 1, 2008.The economic growth is delibe judge by the Gross domesticated Product (GDP) in the United States prolonged at a yearly rate of 2.50 portion in the third quarter of 2010. The economy of the United States is the largest in the world. The economic system of United States is based on free market economy. It means that sole proprietors and business firms move in the majority of the decisions. According to the graph in scrap quarter of 2008 GDP in of the USA fluctuated among 1%.the picture changed in first one-half of 2009, when GDP dramatically drop down to -6.8%. This descent GDP the USA effected to the sales of Coca-Cola Company. Company product sale also decline.Income level of race According to the graph, there was a dramatic decl ine in GDP growth rate in March 2009. It means that overall income level of population drop down and in this case people do non by Coca-Cola Company products some(prenominal). Nevertheless, the next year the GDP growth rate began to stabilize and reached a point of 2.5% in March 2009. As a result the income level in USA rose and it goodly affected to sales on company.Interest rate Interest rate changes do affect the companys ability to borrow and influence businesses that buy KO productsInflation The inflation rate in United States was last reported at 1.10 percent in November of 2010. The most valuable measures of Inflation ar the CPI which measures the GDP deflator and consumer prices, which measures inflation of the domestic economy. Summarizing the info from the graph, he inflation rate was higher in 2008 when in 2010. In the period from 2008-2009 inflation rate was pretty high, that is why Coca-Cola Company raise prices to drinks. In 2010 the inflation rate was not far to a higher place the ground, which means that in this clock time company do not raise products prices much, in order to draw and quarter customers.Coca-Cola Company income straightly related to the U.S. dollar (USD). Company is based in the USA, and about 75% of its operating income from impertinent of United States. That is why company is very(prenominal) sensitive to the strength of dollar. As foreign currencies do not strongly related to the dollar, products which are sold in foreign countries are worth fewer dollars in the US. Another trend affecting Coca-Cola is that higher value of the US dollar the less America goods are sold outside of the United States. submission 3 Effect of Industry Environment.The soft drink Industry, bedevil the most phenomenon global trade. The most important part of soft drinks is blended water with sugar, additives and flavors. The success of marketing and advertising such products is that soft drink companies advice to the customers, drink it instead of straight water. The soft drinks have the cold-blooded possession in the worldwide market. In 2002, world sales counted $193 billion US dollar. In occupation fruit sales exceeded just US $69 billion.In the U.S., soft drinks of the Coca-Cola Company, mostly sold in two liters bottles and one liter plastic bottles. gust, Pepsi and Cadbury Schweppes control over than 91% of the U.S. market share.Industry challengerPepsiCo and Cadbury Schweppes are main competitors of the Coca-Cola Company.There are a lot of smaller beverage companies competing domestically and markets of these non-CSD drinks sometimes possess major shares of their areas. For example Monster energy drink, produced by Hansen Natural (HANS), Red Bull energy drink of the Red Bull GmbHs, or Ferolito iced tea product of the Vultaggio Sons Arizona company.The Coca-Cola Company has competitors not all in soft drinks industry like PepsiCo, Inc., but in the nutrition companies like Kraft Foods, Groupe Danone, Uni liver, and Nestle.PepsiCo Inc.PepsiCo is the second world largest company all over the world.In 1898 in New Bern, North Carolina, druggist Caleb D Bradham created Pepsi-Cola. PepsiCo Inc. holds about one-third of US soft drinks market, it is about 31%.It means that Pepsi Company make a threat to the Coca-Cola Company. PepsiCo Inc. produces products such as Pepsi, Slice, Diet Pepsi, Mountain Dew and Mug Root Beer. Moreover it owns Frito-lay snacks.Cadbury Schweppes.The second channelise competitor is Cadbury Schweppes it is the number tree worlds soft drink producer. In 2007 revenue of the company was $5.75 billion. In US Schweppes have 18% of market share. Company soft drinks include Squirt, La Casera, TriNa, Wave and Spring Valley. The add up sales in the USA are about $12.9 billion.Entry 4Effect of Political and intelligent Environment.Legal factors which washstand could masquerade an enviromental threat to Coca-Cola company embrace new legislation of food and beverage product s. New laws could threaten the company by creating more overhead expenses and decreasing the profit.Legal FactorsGovernmentEntry 5 Effect of Socio-Cultural Environment.Production of Coca-Cola Company is known by people of all ages, genders, nationalities, companionable possessions and religion. price not very high, it means that practically every(prenominal) low and middle class person.The Coca-Cola Company has a number of unethical dessisions related with human rights.Unethical business decisionCoke can be ware harmfull for especially children and adults.Coca-Cola soft drinks are sold practicaly everywere in scholls, hotels, markets, parks, airports, highways and even rest stops. That is why every child are able to buy bottle of Coca-Cola. Coca-Cola contain a lot of chemicals which can be harmfull for young organizm and not only, because Coke badly eaffect liver work,stomach and work of organizm. Soft drinks include too much sugar, and it also can cause adult health problems.It also causes a lot of problems related to dental consonant heath. Cola depleats calcium in the bones, ca use poor bone health. Coke full of coffein, which fast perfume work and heart work not in proper way. To sum up Coca-Cola drink is very dangerous to peoples health.In 2005 KO introdused Coke Zero, it is most significant inovation of Coca-Cola Company. It is calorie free version of classik Coke. Coke Zero has a low level of sugar and suitable for people who are on a diet. Nowdays Coca-Cola Company produses not only carbonate drinks, it also produses such products like fresh juices( Fruitopia), teas, milk, bottled watter(Dassani) and hot chocolate for those who prefer legal lifestyle. Such products do not badly affect the human organizm. Moreover it can serve well people to choose healthy drinks instead of carbonate.Coca-Cola must continue to adapt to the enviromental changes like healthy nutrition. Moreover company should include more healthyproducts.Entry 6 Effect of Ethical Enviroment.Each year Coca-Cola company donate more than 4 one million million US dollars for children with disable people. About 2 million US dollars company donate to african children.I means that company play role in social life not only it native country but others coutries also.Entry 7 Effect of proficient EnvironmentNowdays technology is one of the main factor in helping company stay profitable. With the time company should modernize delivery process production.It is true that with time technology prosses is developing, nowdays there are a lot of machines, which work more properly,faster and affectively than humans. All Coca-Cola company fabrics are modified with new equpment.And it plays a big role,because the same product make buy developed machine made faster, without any havy work, than product made buy human. It does not mean that people are do not needable in company fabriques.It is considerably known that Coca-Cola Company is multinatinational, that is why ofises of t he company are state not in one coutry. With the help of internet company workers can meeting, discuss problems, share. They can speak using web cameras or wright reports using web mail.Higher technological prosses is, higher speed of making products.In our country each year truck with Coca-Cola print, drive throug Tashkent streets with new yaer muzik. It is very good advertizing of company. Company has its own website,there are all information about company its products nd delivery. Using Coke website cutomers can give give the sack what company should do in order to increase sales of production. It is also posibal beein in Uzbekistan buy Coca-Cola products via internet, this posibility make distribution products more comfortable. It is possibale to buy products online.
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