The Coca Cola Company: Then and Now

In: Other Topics

Submitted By shipradedhia
Words 1212
Pages 5
The Coca-Cola Company: Then and Now
Introduction
This case study is based on Coca-Cola Corporation, the producer of Coke, which is the world’s largest distributor and producer of non-alcoholic beverages. Until the 1960’s, Coca-Cola was a one product company, but then to maintain and increase its market share in the increasing competition by companies like Pepsi, Coke bought Belmont Springs Water and Minute Maid and launched Tabs, Sprite, and Fresca making significant inroads into the diet soda market. In 2009, the corporation generated $31 billion in operating revenues and had a net income of $6.8 billion from it’s over 400 brands sold in over 200 countries (Harvey, 2012). Although Coca-Cola is known as the world’s #1 producer of sparkling beverage, it also known for losing the largest racial discrimination lawsuit in the U.S. history. In April 1999, four African-American Coca-Cola employees filed a law suit against the company for racial discrimination. The plaintiffs, on behalf of themselves and 2200 similarly situated African-American colleagues, alleged they had suffered discrimination in pay, promotions and performance evaluations. Since then in less than ten years, with the help of external task force the corporation has transformed itself in terms of diversity management. In 2010, the corporation was listed as one of the Fortune magazine’s 2010 Most Admired Companies and has consistently earned a place in Diversity Inc.’s top 50 companies for diversity list (Harvey, 2012).
Issues that led to the lawsuit Coca-Cola’s main issue was that it centrally develops which lead to overseeing of the performance evaluation system. This system allows managers to conduct performance evaluation and practice undue discretion with little or no oversight of their determinations. Also, this system permits discrimination on the basis of race in evaluations, and these…...

Similar Documents

Coca Cola Company-Marketing

...   Coca-Cola Company Marketing Plan         [pic] [pic]             Beth Dougherty Terri Meunier Shadeequah Curry August 3, 2012 Table of Content I. Executive Summary (Terri Meunier) II. Organizational and Product Overview (Terri Meunier) II.1 Organizational Description II.2 Vision, Mission, and Goals/Objectives II.3 Product Description III. Market Analysis (Beth Dougherty) III.1 Market Definition III.2 Competitive Analysis III.3 Environmental Forces III.4 Market Segmentation IV. Marketing Strategies (Shadeequah Curry) IV.1 Target Market(s) Selection IV.2 Product Portfolio Mix IV.3 Product Positioning Strategy IV.4 Sales Support Strategies I. Executive Summary The Coca Cola corporation is a beverage company and is defined to be the most well known trade mark in the world, and it is justly so. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages, but also a variety of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands, which includes Coca-Cola, Diet Coke, Fanta and Sprite. The Coca Cola products appeal to a wide range of people throughout the world from all races, genders, and ages. Coca Cola is well known for its......

Words: 5962 - Pages: 24

Company Evaluation for Coca-Cola Company

...The Coca-Cola Company: Company Evaluation MGT/ 498 April 20, 2012 The Coca-Cola Company: Company Evaluation The Coca-Cola Company is the leading supplier of non-alcoholic beverages in the world. The brand is most recognized in the industry, providing over 3,500 soft drinks, sports drinks, water, juices, coffee, and milk products to more than 200 countries around the world. Guided by the company’s core values, Coca-Cola has created value and accomplished great notoriety through careful planning and execution of their business strategy. Current Strategies Although the Coca-Cola operates in a consolidated industry the company is still able to implement an integrated low cost/ differentiation strategy that “builds on the company’s basic strengths in marketing and innovation, driving increased efficiency and effectiveness in interactions with our system and generating new energy through core brands that focus on health and wellness”(Coca-Cola Company). The low cost side gives the company the ability to continue building profits in the midst of new entrants into the industry, substitutions, competitor rivalry, suppliers' power, and buyers' power. The low cost/differentiation strategy allows Coca-Cola to decrease costs consistently while adding differentiated attributes to its product lines. Using this strategy, Coca-Cola has “ increased its annual marketing budget substantially, launched many new products, and developed a model to help retail customers maximize......

Words: 1056 - Pages: 5

Coca-Cola: the Better Company

...Coca-Cola: The Better Company Coca-Cola is mostly known for its classic commercials. The purpose of the commercials is to persuade consumers to buy their product. According to the Jib Fowles article, “Advertising’s Fifteen Basic Appeals” the commercials associated with the company uses the need for affiliation in order to grab the consumer’s attention. The need for affiliation is depicted through the friendship, sharing and togetherness between groups of people or between two individuals. The commercial titled “Hard Times” is about greedy millionaire Mr. Burns, from the Simpson’s television show, and his sudden misfortune. The viewer hears a news caster happily reporting on Burns’ financial crisis. Following the report music plays as we see every material thing owned by burns is being taken away, even his loyal assistant. Distraught and miserable, Burns watches as the mansion is being lifted away by a bunch of helicopters. In the next scene Burns is walking down the park’s pathway where he sees the other residents of Springfield playing, laughing and enjoying their cokes. One of the residents, Apu, sees the depressed man while carrying his bottles of coke and offers him one of his extra bottles. Giving Apu a small smile, Burns drinks the beverage. Afterwards a visually happier Burns is then welcomed into the fun by the other residents. The end scene continues skyward where there is a picture of a Coca-Cola bottle. On the side of the bottle it says “open......

Words: 1207 - Pages: 5

The Coca-Cola Company

...Introduction The Coca-Cola Company is the world’s leading owner and marketer of nonalcoholic beverage brands and the world’s largest manufacturer, distributor and marketer of concentrates and syrups used to produce nonalcoholic beverages. Company own or license and market more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a variety of still beverages such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. Finished beverage products bearing our trademarks, sold in the United States since 1886, are now sold in more than 200 countries. Along with Coca-Cola, which is recognized as the world’s most valuable brand, Coca-Cola Company own and market four of the world’s top five nonalcoholic sparkling beverage brands, including Diet Coke, Fanta and Sprite. Coca-Cola is the most popular and biggest-selling soft drink in history, as well as the best-known product in the world. Created in Atlanta, Georgia, United States by Dr. John S. Pemberton, Coca-Cola was first offered as a fountain beverage by mixing Coca-Cola syrup with carbonated water. It was introduced in 1886, patented in 1887, registered as a trademark in 1893 and by 1895 it was being sold in every state and territory in the United States. In 1899, The Coca-Cola Company began franchised bottling operations in the United States. During the first year, sales of Coca-Cola averaged nine drinks a day, adding up to total sales......

Words: 5729 - Pages: 23

Coca-Cola Company

...Coca-Cola Company Organizational Behavior-MGTK350 Dr. Louis Fry March 7, 2014 Introduction It isn’t unknown that the Coca-Cola Company is a worldwide beverage company whom manufactures, markets, and sells only nonalcoholic refreshments. The headquarters is located in Atlanta, Georgia where John Pembert founded it in 1886 (Yahoo Finance, 2014). This company reports as the “world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands” (Coca-Cola Journey, 2013). Currently, as of 2013 when it was last reported, Coca Cola is ranked as 57th on the Fortune 500 List where they were previously ranked at 59th on the list (CNN Money, 2014). They created a 2020 Vision that helps to guide them to greatness by continuing to shape their business by the changing of the world. Their main mission, as a company is to refresh the world, inspire moments of optimism and happiness, and create value and make a difference (Coca-Cola Journey, n.d.). They accomplish these by following their vision and sustaining growth and empowerment. Culture of Coca Cola Company The organizational culture of Coca Cola revolves around their uniqueness. Their culture is built upon the uniqueness of the products in terms of the taste, how they build a better world, how they innovate new ideas into the company for consumers, how they brand their products, how they add value to their entire company, and how they integrate culture into the workplace. The company’s......

Words: 2029 - Pages: 9

Coca-Cola Company: Then and Now

...Case Study Coca-Cola Company: Then and Now Vladyslav Mozharov vladyslavmozharov@cityu.edu MBA 545: People and Systems in Organizations John Elmer Case Study – Coca-Cola Company: Then and Now May 1, 2014 The traditional change model consists of three steps: unfreezing, i.e. recognizing the need for change because of some event or threat, the actual change actions and refreezing, i.e. incorporating new ways of operating and thinking into everyday operations of the organization. Apply this model to the situation at the coca-cola company at the point when the lawsuit was served in 1999. As it is stated in the case of Coca-Cola, it was a marketing machine ran by bureaucrats and tried to create an image of their brand more than to give to customers what they want. At that stage, Ivestor, who was a CEO of the company, was focusing more on the numbers and revenues than on what is really going inside of the company. He was described as insecure and arrogant and refused to listen to his own people, working for him. Instead of solving the real problems in the company, he was focusing on keeping profits on the same level. Case gives an example of passivity of his actions by increasing the price of Coke syrup sales to bottlers to keep it. Of course, it was a mandatory action due to the largest product recall in their history, but it only accumulated a racial tension in the company, as he was indifferent to people and focused on financial results. His lack of actions for......

Words: 1919 - Pages: 8

Coca-Cola Company

...Coca-Cola Company Organizational Behavior-MGTK350 Dr. Louis Fry March 7, 2014 Introduction It isn’t unknown that the Coca-Cola Company is a worldwide beverage company whom manufactures, markets, and sells only nonalcoholic refreshments. The headquarters is located in Atlanta, Georgia where John Pembert founded it in 1886 (Yahoo Finance, 2014). This company reports as the “world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands” (Coca-Cola Journey, 2013). Currently, as of 2013 when it was last reported, Coca Cola is ranked as 57th on the Fortune 500 List where they were previously ranked at 59th on the list (CNN Money, 2014). They created a 2020 Vision that helps to guide them to greatness by continuing to shape their business by the changing of the world. Their main mission, as a company is to refresh the world, inspire moments of optimism and happiness, and create value and make a difference (Coca-Cola Journey, n.d.). They accomplish these by following their vision and sustaining growth and empowerment. Culture of Coca Cola Company The organizational culture of Coca Cola revolves around their uniqueness. Their culture is built upon the uniqueness of the products in terms of the taste, how they build a better world, how they innovate new ideas into the company for consumers, how they brand their products, how they add value to their entire company, and how they integrate culture into the workplace. The company’s......

Words: 2029 - Pages: 9

Coca Cola Company

...1. The role of Coca Cola's reputation plays to it employees is to provide no only a great place to work but inspire them to use innovation to provide a portfolio of brands meeting customer needs worldwide. At the same time striving to keep business ties strong with the community by implementing various educational programs and scholarships as well as focusing on issues concerning the environment, health and recycling programs. Different factors that stockholders might use are how the stock market trend have been in the last 5 years. Have there been any ethical issues concerning the environment or lawsuits of any kind. Have they developed new products that rival similar companies? Have they given back in terms of philanthropy or any positive media concerning the company. Have they evolved their image in terms of being aware of real world problems and focusing on programs towards these issues. Are the currently on the up and up? These factors vary from stockholder to stockholder due to personal interests.Yes, Some have agendas that have a monetary bottom line, some have a ethical and moral agenda. 2. Steps taken to remedy the concerns of Coca Cola Board of Directors- * I would weed out the weak ones first some seem to be dead weight and just surviving on being a “yes” man/woman. Case by case * Offer early retirements for some who might have potential issues with the new upcoming changes, of coarse it will be case by case * Talk about over all...

Words: 551 - Pages: 3

Coca Cola Company

...The Coca Cola Company Market Audit. Table of Contents. Executive summary | 1 | Table of Contents | 2 | Introduction | 3 | 1-History of the company | 5 | 2- SWOT analysis | 7 | 2-1-Strengths | 8 | 2-2 Weaknesses | 9 | 2-3Opportunities | 10 | 2-4Threats | 10 | 3-Corporate Social Responsibility | 11 | 4- PESTEL Analysis | 14 | 4-1 Political analysis | 14 | 4-1-1 Coca Cola Company is an American symbol of imperialism | 15 | 4-1-2 Coca Cola in MENA Region | 15 | 4-2Economic analysis | 16 | 4-3 Social analysis | 19 | 4-4 Environmental analysis | 19 | 4-5 Legal analysis | 19 | 5- marketing mix | 19 | 5-1 product line and range | 19 | 5-2 pricing | 19 | 5-3 promotion | 19 | 5-4 place | 21 | 6 – the bottling company | 21 | 7 - conclusion | 22 | Executive Summary Coca cola company market audit should be wider than the range of this report. With a pioneer company holding the biggest market share in its industry, there are lots of parameters to analyze and study to find out the secrets and factors of this huge success. A SWOT analysis was done, explaining strengths, weaknesses, opportunities and threats facing the company. And that is followed by a SELPET Analysis explaining Social, Economical, Legal, Political, Environmental and Technological factors. In the sustainability report, the current CEO Muhtar Kent announced a company expansion target of the double by 2020, and the ways to reach their. He explained the main areas......

Words: 6931 - Pages: 28

Coca Cola Then and Now

...The Coca-Cola Company Struggles with Ethical Crises "Coca-Cola has the most valuable brand name in the world and, as one of the most visible companies worldwide, has a tremendous opportunity to excel in all dimensions of business performance" (Ferrell, Fraedrich, & Ferrell, 2008). However, as proven in this case study, Coke has a lot on their plate as the biggest brand name in the world. Ethical issues throughout different aspects of the company, and with multiple leadership changes in the last ten years, Coke has some catching up to do. The company has been involved in racial discrimination, misrepresenting market tests, manipulating earning and disrupting long-term contractual arrangements with distributors. Neville Isdell, the new president of Coke is currently working to improve their reputation cause by some of the problems presented next. The Coca-Cola Company Struggles with Ethical Crises Coca-Cola History Coca-Cola is the world's largest beverage company that operates the largest distribution system in the world. This allows Coca-Cola companies to serve more than 1 billion of its products to customers each day. The marketing strategy for Coca-Cola promotes products from four out of the five top selling soft drinks to earn sales such as Coke, Diet Coke, Fanta and Sprite. This process builds strong customer relationships, which gives the opportunity for these businesses to be identified and satisfied. With that being said, customers will be more willing to......

Words: 3402 - Pages: 14

The Coca-Cola Company

...The Coca-Cola Company Catherine Rodriguez ACCT/280 January 25, 2011 Maria Nunez The Coca-Cola Company John Pemberton was an Atlanta pharmacist who was the creator of the Carmel-colored liquid that was added with carbonated water, and then named Coca-Cola by Pemberton’s bookkeeper, Frank Robinson (The Coca-Cola Company, 2006). The first year Coca-Cola was sold they only sold nine glasses a day. 10 years later the Cola-Cola Company had produced more than 10 billion gallons of syrup. Pemberton died in 1888, was never able to know the success he had created with the Coca-Cola drink. From 1888-1891, Asa Giggs Candler had the rights to the business and became the first president of the company. “The company’s goal is to provide magic every time someone drinks one of its more than 500 brands” (The Coca-Cola Company, 2006). Coca-Cola now serves over 1.4 billion drinks a day. The company has an independent registered public accounting firm, PricewaterhouseCoopers LLP, “They are responsible for performing an independent audit of the consolidated with the standards of the Public Company Accounting Oversight Board, and expressing an opinion on the conformity of those audited financial statements with generally accepted accounting principles” (Wikinvest, 2010). Coca-Cola is listed under the New York Stock Exchange, also known as the NYSE. They work with the world’s leading large and medium size companies. There job it to meet and stick to the overall highest listing standards.......

Words: 342 - Pages: 2

Coca Cola Company

...Coca-Cola Company A Multinational Enterprise The Coca-Cola Company indeed is an MNE because it operates a headquarters in Atlanta, Georgia with other local operations in nearly 200 countries around the world. Coke succeeded as a multinational because of its understanding and appeal to global commonalities (Rugman, A. M. & Collinson, S., 2006). The firm has implements three principles that are assigned to make it more locally responsive, the three principles are: Coca-Cola's three principles * Principles * Description * Operates on a local scale The company modifies its operations to meet local need and institutes a strategy of "think local, act local". Country-by-country basis: It focuses itself as a pure marketing company and pushing its brands on a regional basis and local basis rather than a worldwide basis. Integrates with local environment: Coke is now working to become a model citizen by reaching out to local communities and getting involved in local activities Background of the Coca-Cola Company A carbonated beverage called Coca-cola or often referred as Coke is the world's largest beverage company and the best-known brand in the world. Coca-Cola Company has operated for 124 years since 1886. Coca-Cola was invented by a pharmacist in Atlanta, John Pemberton and he has become one of the global market leaders in the beverage industry (iloveindia.com). The Coca-Cola Company offers over 400 different brands in more than 200 countries worldwide.......

Words: 3163 - Pages: 13

The Coca Cola Company

...THE COCA-COLA COMPANY Students’ name: Malvina Shahini TABLE OF CONTENTS THE COCA-COLA COMPANY 0 Students’ name: Malvina Shahini 0 EXECUTIVE SUMMARY 2 INTRODUCTION AND COMPANY BACKROUND 2 INDUSTRY 3 GEOGRAPHICAL MARKET 4 PRODUCTS AND SERVICES 4 MARKET SEGMENTATION 5 MISSION, VISION AND VALUES 6 COMPANY'S STAKEHOLDERS 8 PART I: EXTERNAL ANALYSIS 9 PESTLE ANALYSIS 9 PORTER'S 5 FORCES OF COMPETITION MODEL 11 PART II: INTERNAL ANALYSIS 14 VALUE CHAIN MODEL 14 VRIO FRAMEWORK 16 BCG ANALYSIS 17 POSITIONING 17 PART III: COMPANY’S CORPORATE AND BUSINESS STRATEGY 19 PART IV: IDENTYFYING ISSUES AND CHALLENGES FACING THE COMPANY 20 PART V: IDENTIFICATION AND EVALUATION OF THE MAIN STRATEGIC OPTIONS FOR GROWTH 22 ANSOFF MATRIX MODEL 22 PART VI: RECOMMENDATION AND CONCLUSION 24 REFERENCE LIST 24 EXECUTIVE SUMMARY This paper is a strategic analysis of The Coca-Cola Company, a leader in the beverage industry. Coca-Cola, the world’s leading soft drink maker, operates in more than 200 countries and owns or licenses more than 500 brands of non-alcoholic beverages. The company faces challenges in today’s market because of market changes, socio-economic changes and globalization. The purpose of this assignment is to assess the current situation of the Coca-Cola Company and to provide recommendations on strategies that the firm can pursue in the future. In detail, an external analysis of the company is performed to understand the impact......

Words: 5799 - Pages: 24

Coca-Cola Company

...Company Profile Name: Coca-Cola Co. Ticker: KO Industry: Consumer Goods Jurisdiction of incorporation: United States Number of shares of common stock outstanding: 2,294,316,831  The Coca-Cola Company is the world’s largest nonalcoholic beverage company. We own or license and market more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a variety of still beverages such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. Along with Coca-Cola, which is recognized as the world’s most valuable brand, we own and market four of the world’s top five nonalcoholic sparkling beverage brands, including Diet Coke, Fanta and Sprite. Finished beverage products bearing our trademarks, sold in the United States since 1886, are now sold in more than 200 countries. Net Cash Flow (NCF) | | |2010 | |2009 | |2008 | |2007 ...

Words: 1558 - Pages: 7

Coca-Cola Company

...I have choosen the huge Coca Cola Company for my presentation. The content is the history, health and different products. I’m going to start with the history of Coke: 1888 the chemist John Pemberton mixed a brown syrup from the Coca plant and the Cola nut. He wanted to use it as a medicine against headache and tiredness but then he found out that it tastes really good. Pemberton did not have the money to produce the drink alone, so he asked his friend Frank Robinson who owned a bottle shop. Robinson invented the name Coca Cola and he also designed the famous logo which is still used today. 1892 Asa Candler bought the small company for 2.300$. Candler’s company opened syrup factories all over the USA. After the First World War the Coca Cola Company was sold for 25 million dollars to a banker from Atlanta called Ernest Woodruff. His goal was to turn Coca Cola into an international product. In Europe the first Coca cola bottle was filled up in the main factory in Essen (Germany) in 1925. Cans of Coke first appeared in 1955. Today the Coca Cola Company has a worth of 74 billion dollars. In 2010 there were 210 billion bottles filled. Now to the health: Studies have shown that coca cola only should be drunk in combination with a balanced diet because one litre coca cola contains thirty-six sugar cubes. You need a one hour run to burn these calories. Also you can get sleep disorders by drinking coca cola because there are 10mg of caffeine in 100 ml. The pH-Value is......

Words: 342 - Pages: 2

兄弟国语 | Peliculas ONLINE | Alicia Castro