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Coca cola business and corporate level strategies
Competitive strategy of Coca-Cola
Competitive strategy of Coca-Cola
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The Organization-related web site that I chose for my module 6 critical thinking assignment is from the ever popular Coca-Cola Company. The Coca-Cola organization is a global company that utilizes digital media throughout its business model. As required by the assignment I have identified and located the following two examples of Coca-Cola’s use of digital media. The first example is the use of “digital media in advertising” and the second is the use of “digital media in its sustainability program”. The first example I identified in the Coca-Cola web site was the marketing and advertizing program that Coca-Cola initiated called the expedition 206. In this campaign Coca-Cola through an online selection process would send three young people to 206 countries where Coca-Cola is sold. This group known as the ambassadors will attend different functions in each country and interview people throughout the year. The interviews will be centered on what makes people in these countries happy and promote the Coca-Cola product. The Coca-Cola Web site had a link that transferred me to an article by Ad Age Digital. (2009). Which stated “Coca-Cola is gearing up for its largest social-media project ever, one that will test its own internal flexibility and force a number of its global markets into the digital and social-media space” (para. 1). This expedition was documented by the three young people or ambassadors and also allowed personnel from all over the world to interact with the expedition members and influence their decisions on destinations to visit and people to interview. Typically an add campaign is centered on the written word, television commercials or online Spam messages. In this case, Coca-Cola used several social media program...
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...evaluated the sustainability report and rated the Coca-Cola Company as a B+. The implications for the future regarding the sustainability program for the Coca-Cola Company appears to be bright with no downside or concerns identified. This strategy would be an excellent model for other companies to follow regarding sustainability, transparency and the ability to keep its’ stockholders engaged in the process.
References
Ad Age Digital. (2009). Behind Coca-Cola's Biggest Social-Media Push Yet. Retrieved from http://adage.com/article/digital/digital-coca-cola-s-biggest-social-media-push/140591/
The Coca-Cola Company. (2012). The Coca-Cola Company Takes Digital Approach to Sustainability Reporting and Releases First-Ever GRI Report. Retrieved from http://www.thecoca-colacompany.com/dynamic/press_center/2012/01/sustainability-and-first-ever-gri-report.html
Beverage giant Coca-Cola wants to get a little love for its iconic cola drink from the upscale consumer set, so its decided to create and test-market a sleek set of contoured aluminum bottles for its flagship Coke brand. Yes, we said aluminum bottles.
The millennial generation is known as the generation that has grown up with an overly optimistic view of world. When they eventually make their way out into the world they are often hit hard by the brutal fact that the world they grew up in does not revolve around them. The millennial generation is seen as less religious, less inclined to making critical independent thoughts, and not as involved in civic engagements as previous generations. Throughout the Pepsi advertisement, many of these views are contradicted and fought. The commercial starts in a city and focuses on individuals one of which is Kendall Jenner. Each individual is drinking Pepsi and working in the area of the city where a peace protest is happening. Eventually, each breaks
Over the the last century, Advertisement has had extremely quick advancements and a huge impact on our society. I will be discussing why brands and other companies advertise and what they are actually doing by producing adverts. Along with this i will be looking into the evolution of advertisements, The history behind them, changes of medium and how they have adapted to keep up with the demands of modern society. I will be looking into Coca-Cola as a case study to see if they fit the model of advertising over the years and whether it has been successful for them.
Coca –Cola (KO) is one of the world’s largest beverage companies. Company was incorporated in September 1919 under the State of Delaware law and headquarters is located in Atlanta Georgia. But from 1886, company established its brand in US (Coca-Cola, 2012, p. 1). Currently company is providing for more than 500 varieties of non-alcoholic sparkles to the customers around the world. Apart from this, company also serve for still beverages that includes enhanced water, water, ready-to-drink, juices, energy drink, sport drinks and so on.
Considering individuals are becoming more health conscious it would be beneficial for Coca Cola to continue producing even more healthy products. Producing healthier drinks could potentially get their products back in schools. Researching into cheaper materials as well as environmentally friendly alternatives to plastic would be another recommendation. The main concern for Coca Cola is water supply. Without water Coca Cola would not be able to stay in business. It is recommended for Coca Cola to reduce the amount of water it uses. They have already begun a goal to improve water use. “Our 2020 goal is aggressive and builds on the 21.4% water efficiency improvement we’ve made since 2004. We expect to increasingly assess not just the quantity of the water used to grow our product ingredients, but the impact of that use as well” (Improving,
Essentially, the company adopts CSR to protect its brand by joining into the World Wide Fund for Nature as a member in 2007. Through the WWF membership, the firm seeks to improve water usage on its operations by developing a framework to preserve water sources thereby offset the manufacture costs in the long run. As a result, Coca-Cola has used corporate social responsibility to increase the value of brand to the business. Therefore, the company prefers to invest more in-depth and long term approaches to reflect the company corporation social
The social responsibility activities of PepsiCo emphasizes on sustainable agriculture, water use efficiency, alternative sources of energy, packaging, wasting, and recycling. The company is also promoting a healthy lifestyle with product like whole grain snack and vitamin beverage. PepsiCo makes sustainability an innate part of their company culture to improve their business strategy and gain competitive advantage. According to Triple Pundit website, PepsiCo reached two years early its 2015 goal of delivering potable water. The sustainability report shows PepsiCo’s effort to nourish customers with healthy products. By going green, companies like PepsiCo have been able to adapt to the expectation of the toda...
Weaknesses – Coca-Cola is a very successful company with an impeccable social media following. Word of mouth is probably a strength, but only when feedback from consumers is positive, but there are people who are against Coca-Cola and their products. Even though Coca-Cola produces over 200 brand products, Coca-Cola lacks the social media popularity of other brands that they produce (Moth, 2013). Many drinks that they produce are extremely popular such as Coke or Sprite, but there are a lot of Coca-Cola products that are unknown, unseen, and unavailable for
Look SDmart, Retrieved 05/16/07, from http://findarticles.com/p/articles/mi_m1365/is_1_31/ai_63974359/print. Coca-Cola: A Technological View, retrieved 5/18/07, from http://projects.olin.edu/ahs/HOT2004/PolarBears/content.htm. Coca-Cola Our Company- Around The World, retrieved 5/18/07 from http://www.coca-cola http://www.thecoca-colacompany.com/ourcompany/aroundworld.html Nutrition Business Journal. Penton Publishing. October/November 2005.
The problems in marketing and opportunities are expansive. According to Cravens (2009) in the 1990’s “Coca-Cola Co. was one of the most respected companies in America, a master o...
PepsiCo understands that traditional forms of marketing like TV, Magazine, and radio are becoming outdated and the Internet is now becoming the main medium for marketing. With this PepsiCo decided to launch it’s first e...
Coca-Cola is a company with sustainable competitive advantage. The company is innovative and has an extensive business model with boasts of a sustainable distribution network. The company was incorporated in the late 1800s to commence the production of a sweet fizzy beverage that has become the world's most known brand. Presently, the company is still on an upward trajectory as it remains one of the world's most sought-after stocks. The company's competitive advantage has shown resilience and sustainability over the years.
India is one of the countries that this report will cover. Power distance is rather high in India this is evident when observing the rather extreme levels of inequality amongst individuals. It is also apparent in the work place, managers expect their team members to be obedient. Employees also count on being clearly directed when it comes to their tasks and what is expected out of them. Top down communication is employed and negative feedback rarely moves up the ladder. In this society there is no need for justification of an individuals position in the social hierarchy. (Cultural tools, n.d.)
In United States Coca Cola Company at least since 1994, the predominant evaluation system is based on the following ratings :
Coca - Cola : Claims, Values and Polices Coca-Cola is a well-known and cherished brand name. When people think of this name, memories tend to overflow in their heads. Why do you need to be a member? Because, not only does Coke taste great and refresh your own personal memories, it also fills you with memories of the Coca-Cola like "Always Coca-Cola", the antics of the Coke polar bears, and all of the different ads that have represented Coke over the years. Just about every ad you see, as a consumer, has tons of hidden meanings.