...Trident University Module 1 CASE Assignment MGT599: Strategic Management Process/Vision, Mission, Goals and Objectives Dr. Nanette Metz June 19, 2016 Executive Summary Coca Cola Company has executed the most successful beverage strategy of the past 50 years. Its strategic communications, however, fall short of the success of its underlying strategy. Coca Cola advertises a formal mission statement that does little to communicate its strategy to its stakeholders, and should therefore reshape a more specific formal mission statement. Its vision statement is hidden deep within its website, and also falls short of guiding the company's future. While the vision statement more closely aligns with the company strategy, it should also be reshaped in order to provide a more specific tract for future growth and goals. Introduction Coca Cola Company is the most successful beverage enterprise in the United States-it is the largest (as measured by customer volume), among the oldest (125 years in business), and most profitable (with 59 consecutive years of dividend growth), (Coca Cola, 2016). Coca Cola operates under a winning strategy- and when a strategy is working, it should be largely left alone. All that remains is synchronizing all the elements of an organization in order to execute such a strategy with efficiency. The most fundamental purpose of a strategy, after all, is to "inform each of the many thousands of things that get done in an organization every day, and to...
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...have a mission, value and vision for the company, product and service. It’s also important for companies doing business internationally to follow the countries polices and beliefs. Coca Cola has implemented the concept of mix marketing that even the completion has tried copy to have a successful business. INTRODUCTION Coca Cola is a beverage company that produces several brands of beverages such as soft drinks, juices and sports drinks. Coca Cola is best known for manufacturing and supplying their drinks since 1886. Coca Cola operates out of 200 countries internationally, produces and sells over 500 brands to its distribution channels. Four countries Four of the countries that Coca Cola operates out have and partners with to help the countries people environment economy health and education. China, South America, Africa and the U.K. The four ps in marketing mix The four P’s in the marketing mix are product, price, promotion and place (location). Coca Cola’s products offer over 300 beverages and they mix the product with other companies such as Fanta, Sprite, Fruitopia, Coke and powder juices. (Marketing Mixx.com 2012) The second P in marketing is price. Coca Cola prices vary by brand, size and amount. Coca Cola offer prices in other countries are genuine and readily accepted by the population, which usually is based on supply and demand. The third P in marketing is promotion. Coca Cola’s promotion of the brand is an important tool of the marketing mix. Coca Cola...
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...HRM/531 08/02/2012 L. Robinson Coca-Cola Company In order for Coca-Cola to continue thriving as a business, we must look at ahead and see trends and forces that shape Coca-Cola for the future and move forward to prepare for what’s coming. Mission Coca-Cola’s mission serves as a standard in which the company looks at their actions and decisions. * To refresh the world * To inspire moments of happiness and excitement * To create value and make a difference Vision The company has a vision that serves as framework for their mission and each area of Coca-Cola by stating what Coca-Cola would need if they want to continue to grow. * People: Be able to inspire people to be the best they can be and be a wonderful place to work. * Portfolio: Taken pleasure in given people their desires and needs by bringing the world quality beverage brands. * Partners: To cultivate a network of customers that work together to create value. * Planet: Making a difference by being an accountable person that helps build and hold up maintainable communities. * Profit: Being careful of responsibilities that maximize long-term returns to shareholders. * Productivity: Be an effective and fast-moving company. The Coca-Cola Company is the world’s biggest beverage company. Coca-Cola has factories in more than 400 countries and markets more than 3,000 beverage products including waters, juices, teas, coffees, and sparkling drinks. Coca-Cola manufactures syrups and beverages...
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...bears during the winter time, what almost immediately comes to mind? Coca-Cola is likely one of the first things. Founded in 1892, the Coca-Cola Company is the largest beverage corporation in the world, operating in every continent across two hundred countries. The Coca-Cola Company is worth fifteen billion dollars. Due to this, it is considered one of the biggest corporations in the world. The company’s mission and goals are not only to be one of the biggest global beverage corporations, but also according to Coca-Cola’s web site have an enduring commitment to building sustainable communities (2012). The Coca-Cola Company is an effective communicator to the public and to their employees, because they are viewed positively around the world and are willing to make organizational changes. First, we can see this through their global reach. Second, we can discuss their philanthropic efforts. Lastly, we will examine the Coca-Cola Company’s corporate culture. First, the global reach from the Coca-Cola Company is one of the organizational goals that they take very seriously. According to their website they have, “six operating groups: Eurasia and Africa, Europe, Latin America, North America, Pacific and Bottling Investments” (2012). The company also adds that Coca-Cola tries to use local ingredients to manufacture their bottles and use local distributers to succeed in their sustainability goals. For instance, Coca-Cola has recently opened a bottling facility in Brazil that makes plastic...
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...I. Company Profile The Coca-Cola Company is the world's largest beverage company. They own or license and market more than 500 non - alcoholic 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. They own and market four of the world's top five non-alcoholic sparkling beverage brands: Coca-Cola, Diet Coke, Fanta and Sprite. Finished beverage products bearing their trademarks, sold in the United States since 1886, are now sold in more than 200 countries. They make branded beverage products available to consumers throughout the world through the network of Company-owned or -controlled bottling and distribution operations as well as independent bottling partners, distributors, wholesalers and retailers — the world's largest beverage distribution system. Of the approximately 57 billion beverage servings of all types consumed worldwide every day, beverages bearing trademarks owned by or licensed to us account for more than 1.8 billion servings. Some of the Coca – Cola Products II. Coca – Cola’s Vision, Mission, And Values Our Mission * To refresh the world... * To inspire moments of optimism and happiness... * To create value and make a difference. Our Vision * People: Be a great place to work where people are inspired to be the best they can be. * Portfolio: Bring to the world a portfolio of...
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...Background of company 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 Coca-Cola Company is a global business that operates on a local scale, in every community where it does business. It is able to create global reach with local focus because of the strength of the Coca-Cola system, which comprises its company and our more than 250 bottling partners worldwide. The Coca-Cola system is not a single entity from a legal or managerial perspective, and the Company does not own or control all of our bottling partners. Coca-Cola operates through multiple local channels. It manufactures and sells concentrates, beverage bases and syrups to bottling operations, owns the brands and is responsible for consumer brand marketing initiatives. It’s bottling partners manufacture, package, merchandise and distribute the final branded beverages to their customers and vending partners, who then sell coca-cola products to consumers. All bottling partners work closely with customers -- grocery stores, restaurants, street vendors, convenience stores, movie theaters and amusement parks, among many others -- to execute localized strategies developed in partnership with our Company. Customers then sell coca-cola’s products to consumers at a rate of more than 1.9 billion servings a day. Pokka Corporation (Singapore) Private Limited was founded...
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...Coca Cola Wars Case Analysis July 31, 2010 Executive Summary Coca-Cola was invented and marketed in 1886 by a pharmacist named Dr. John Pemberton he named Coca-Cola after the coca leaves and kola nuts he used in order to create the product. Twelve years later in 1898 Caleb Bradham created Pepsi Cola for the beneficial effects it claimed to have on upset stomachs and indigestion. The enmity between the two soda companies are known as the “Cola Wars”. The war began in the 1960’s when Coca-Cola’s supremacy ruled the market as the beverage of choice above Pepsi Cola. Due to the competition between the two rival cola companies actions became extreme and forced both companies to implement strategic methods in order to keep the competitive edge over the other. Coca Cola Wars Case Analysis I. Current Situation: Coca-Cola's and Pepsi Cola’s marketing strategies has been as impossible to tell apart as the products themselves, both companies rely on vibrant colors, catch phrases, attractive people, and famous entertainers to grab consumer’s attention and to entice them into purchasing their products. In 1941 Coca-Cola officially renamed their product to “Coke” as an official trademark with a series of advertisements informing consumers that “Coke” means Coca-Cola (Coca-Cola, 2011). Pepsi was first introduced as " Drink" in 1898 by Caleb Bradham its inventor who created Pepsi at his home, it was later that Bradham changed the name and officially named the beverage Pepsi...
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...Introduction Coca-Cola began in 1886, Dr. John S Pemberton created a soft drink that could be sold at soda fountains (Abbette, 2012). According to Abette (2012), Dr. Pemberton took the flavored syrup to his neighborhood pharmacy mixed it with carbonated water and received excellent feedback from those that sampled it. He was trying to concoct a head ache remedy once he mixed his special syrup with carbonated water, he realized that he had the makings of a popular soda beverage. Coca-Cola had two ingredients cola from the cola nut, and extract of coca leaf which is also the source of cocaine (Abbette, 2012). Among the biggest challenges for Coca-Cola has been the bottling of its product (Coca Cola Company, 2013). The bottlers agreed that a distinctive beverage needed a standard and a distinctive bottle (Coca Cola Company, 2013). In 1916, the bottlers approved the unique bottle. The new Coca-Cola bottle was so different it could be recognized in the dark and it set itself apart from competitors. The 1980’s featured memorable slogans such as “Coke is It!”, “Catch the Wave” and “Can’t Beat the Feeling”. In 1993, during the technology boom Coca-Cola experimented with computer animation and the popular “Always Coca-Cola” campaign was commenced (Coca Cola Company, 2013). In 2009, the “Open Happiness” campaign was an open invitation to billions around the world to pause, refresh and continue to enjoy one of life’s simple pleasures with a Coca-Cola. The “Open Happiness” message...
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...Business Analysis During this research work, Coca-Cola Company will be studied in order to review: 1.-Company Background 2.-Company Mission 3.-Company Vision 4.-Coca-Cola Business Environment 5.-Income Statement (Comparisons between Coca-Cola vs. PepsiCo). 6.-Balance Sheet (Comparisons between Coca-Cola vs. PepsiCo). 7.-Cash Flow Statement (Comparisons between Coca-Cola vs. PepsiCo). 8.-SWOT Matrix 9.-Economic trends and influence to Coca-Cola Company 10.-Strategies used by Coca-Cola Company 11.-Technological Advantages 12.-Coca-Cola and Globalization 13.-Coca-Cola’s Human Resource Management 14.-Management Decisions 15.-Conclusion Company Background So the first let’s find out who is Coca-Cola, where it’s come from, how big is this company, where you can find its products, since when is the market, who are the principals competitors from this company to have a better understanding who is this company. What is Coca-cola and where it’s come from? Coca-Cola is a beverage which is carbonated soft drink, was invented by Doctor John Pemberton who was a pharmacist form Atlanta, Georgia in May 1886, then 1887 Asa Candler bought the formula from John. By late 1890s, Coca-Cola was one of America’s most popular fountain drinks, because of a very aggressive marketing campaign; as a result the syrup sales went over 4000% at that time, then by 1960’s the soda fountain consumption declined its popularity and bottled soft drinks and fast food restaurants became popular...
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...sustainability program of Coca Cola Company. These assignments based on the challenges and success stories of Coca Cola Company to sustain in the market and be successful in the future. Firstly, I want to introduce the Coca Cola Company and what they do in the market. Secondly, I want to write about the objectives of the Sustainability program of Coca Cola Company. Thirdly, I want to write about Success and Challenges of the Sustainability Initiatives of Coca Cola Company. Fourthly, I want to write about recommendations that I can advise to the Coca Cola Company. 1 Table of Contents Acknowledgement 1 Executive Summary 1 2 3 1 Introduction 3 1.2 General growth strategy of Coca Cola Company 3 1.3 Scope of the study 4 1.4 Mission and Vision of Coca Cola Company 4 1.5 Mission 4 1.6 Sustainable vision 4 1.7 Trend Analysis of Coca Cola 5 2 Objectives of the Sustainability Program 6 2.1 Water Efficiency 8 2.2 Wellbeing 9 2.3 Energy and Climate Change 10 2.4 Agriculture 10 3 Quality Standard 11 4 Success and Challenges Story of Coca Cola Sustainability Program 11 4.1 Calorie commitments 12 4.2 Resource Scarcity 12 4.3 Coca-Cola in India 13 5 Improvement of the Business Sustainability Program 14 5.1 Growth and Differentiation 14 5.2 Advocacy and leadership 15 5.3 Technology and innovation 15 6 Recommendations 15 7 Conclusion 16 8 References 16 | | | | | | 1 Introduction Figure 1 Coca Cola Company...
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...BACKGROUND Coca-Cola was invented by Doctor John Pemberton who was a pharmacist from Atlanta, Georgia. He developed Coca-Cola in a three legged brass kettle in his backyard. His bookkeeper, Frank Robinson, suggested the name “Coca-Cola” and with his excellent penmanship, he developed the logo of the company, which is still used today on the sides of the cans and bottles of Coca-Cola. Initially, the soft drink was sold to the public at a pharmacy/soda fountain shop in Atlanta, Georgia and it made its debut on May 8th, 1886. It was first sold as a medicinal tonic and actually contained extracts of cocaine and kola nut which has a high level of caffeine in it. Ironically, in the first year of its existence, on an average about nine servings of the soft drink were sold each day and sales for that first year added up to a total of about $50.00. Expenses totaled approximately $70.00. Therefore the company actually lost money its first year. In 1887, another pharmacist and businessman, Asa Candler, bought the Coca-Cola formula from John Pemberton for $2,300. In between years 1890-1900, aggressive marketing and advertising Coca-Cola’s sales rose to over 4000%. Over the years, the Coca-Cola Company became a globally recognized power company whose logo has been ranked number 1 as the most globally recognized logo in the world for the past eleven years. Just this past month, it fell to number 3 and Apple took over their number one role. ...
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...Sustainability Coca-Cola’s Mission statement is “to refresh the world in mind, body and spirit, to inspire moments of optimism and happiness, to create value and make a difference.” This statement is very broad and only addresses general differences that they want to make in the world. Their vision for the company, on the other hand, addresses the planet, stating the company will “be a responsible citizen that makes a difference by helping build and support sustainable communities.” Their sustainability report discusses their main framework called “Me, We, World” and the advancements they have made in these areas. They show their many goals for themselves, for the people of the world, and for sustaining the world. Their goals for sustainability in the report include improving water efficiency as well as recycling and treating water. Although Coca-Cola is very big on sustainability now and has been for the past few years, Coca-Cola has not been without some issues with sustainability. In 2008, Coca-Cola through the actions of its subsidiary, Industria Nacional de Gaseosas, was fined $110,000 for dumping its industrial waste in Columbia’s sewage system. Coca-Cola has also been fined and punished in India for excessive water use and toxic pollution; they were forced to close down a bottling factory. Despite all these previous issues, Coca-Cola has been more active in sustainability efforts. The Chairman and CEO, Muhtar Kent, penned a letter on the topic of Coca-Cola and Sustainability...
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...Organization History Coca-Cola was founded off of curiosity by an Atlanta pharmacist named Dr. John S. Pemberton in 1886. He created flavored syrup in which he took to his neighborhood pharmacy, where it was mixed with carbonated water and deemed “excellent” by those who sampled it (The Coca-Cola Company 2015). The distinctive tasting soft drink that was originally created was made for soda fountains. Dr. Pemberton’s partner and bookkeeper, Frank M. Robinson, is credited with naming the beverage “CocaCola” as well as designing the trademarked, distinct script, still used today (The Coca-Cola Company 2015). Coca-Cola’s roadmap starts with their mission, which declares their purpose as a company and serves as the standard against which they weigh out their actions and decisions. Coca-Cola’s mission is to: * To refresh the world * To inspire moments of optimism and happiness * To create value and make a difference Organization Strengths and weaknesses The Coca-Cola System The first strength Coca-Cola has is that they are a global business that works on a local scale. Because Coca-Cola does business in every community they have created global reach with local focus. The Coca-Cola system has created over 250 bottling partners worldwide. Coca-Cola manufactures and sells concentrates, beverage bases and syrups to bottling operations, owns the brands and is responsible for consumer brand marketing initiatives. Their bottling partners manufacture, package, merchandise...
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...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 worldwide...
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... Of COCA COLA (Year 2007) Subject: Managerial Policy Section: “B” [MBA – Evening Program] Faculty: Brig. (ret.) Shakeel Ahmed Prepared & Presented by: |Group 2 | |Faraz Ahmed |Zohaib Genda |Mehboob Hassan |Zakia Rasheed | |Arshad Khan |Muhammad Tabish Taha |Sehrish Anwar |Obaid Ullah Aleem | |Mohammad Waqas |Ashok Kumar |Tariq Khan | |Zeeshan Ul Haque |Tariq Hamidi |Babar Raza | Table of Contents 1- EXECUTIVE SUMMARY 3 2- HISTORY OF COCA COLA 4 3- BRANDS OF COCA COLA 7 3.1- Energy Drinks 7 3.2- Juices/Juice Drinks 7 3.3- Soft Drinks 8 3.5- Tea and Coffee 8 3.6 Water 8 3.7- Other Drinks 9 4- CONSUMER CHOICE AT A GLANCE 10 5- DIFFERENT PLAYERS IN THE SOFT DRINKS MARKET 11 5- DIFFERENT PLAYERS IN THE SOFT DRINKS MARKET 12 6- OUR MISSION 12 6- OUR MISSION 13 7- OUR VISION 13 8- IMPROVED MISSION STATEMENT...
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