Thursday, August 8, 2019
Coca-Cola Company Research Paper Example | Topics and Well Written Essays - 2750 words
Coca-Cola Company - Research Paper Example Indeed, Coca Colaââ¬â¢s strategic marketing and management processes add to the companyââ¬â¢s firmly embedded financial leadership in the non-alcoholic beverage market segment. Introduction Coca Colaââ¬â¢s strategic marketing and management plans catapults the entity as one of the worldââ¬â¢s popular non-alcoholic beverages. The research centers on the history of Coca Cola. The research includes producing a financial statement analysis of Coca Cola America. The study incorporates the similarities and differences between the production processes of both Coca Cola America and Coca Cola Mexico. Coca Colaââ¬â¢s strategic marketing and management processes precipitates to the companyââ¬â¢s current financial leadership in the non-alcoholic beverage market segment. History of Coca-Cola. Lonnie Bell (2004) emphasized Coca ââ¬â Cola, the worldââ¬â¢s soft drink, was accidentally invented by Dr. John Pemberton. Dr. Pemberton, a pharmacist from Atlanta, Georgia, formulat ed the Coca-Cola syrup using a three legged brass pot. Dr. Pemberton used two chief ingredients for his invention in 1886. The two ingredients are coca plant and the Kola nut. The Coca plant is a good source of Cocaine. However, Dr. Pemberton insisted that Coca Cola contains only 1 % Cocaine percentage. Paul Gootenberg (1999) theorized ââ¬Å"Cocaine made its first appearance in the United States during the 1880s, when physicians first interested themselves in the drug's therapeutic potential. Limited at first to a relatively narrow range of therapeutic use, cocaine's popularity grew far beyond the boundaries of medical practice. By the late 1890s, many observers came to believe that the popular... This paper stresses that Coca Colaââ¬â¢s strategic marketing and management plans catapults the entity as one of the worldââ¬â¢s popular non-alcoholic beverages. The research centers on the history of Coca Cola. The research includes producing a financial statement analysis of Coca Cola America. The study incorporates the similarities and differences between the production processes of both Coca Cola America and Coca Cola Mexico. Coca Colaââ¬â¢s strategic marketing and management processes precipitates to the companyââ¬â¢s current financial leadership in the non-alcoholic beverage market segment. This report makes a conclusion that based on the above discussion, Coca Colaââ¬â¢s strategic marketing as well as management plan contributes to companyââ¬â¢s retaining its century old popularity in the non-alcoholic beverages market segment. The constant innovative changes in the companyââ¬â¢s packaging and ingredients translate to the current pinnacle of Coca Colaââ¬â¢s financial success. The financial statement analysis indicates Coca Colaââ¬â¢s innovative and creative production and marketing strategies significantly contribute to Coca Colaââ¬â¢s current favorable financial picture. There are some similarities and differences between the production processes of both Coca Cola America and Coca Cola Mexico. Indeed, Coca Colaââ¬â¢s strategic marketing and management processes metamorphose to the companyââ¬â¢s firmly entrenched financial leadership in the non-alcoholic beverage market segment.
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