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INTRODUCTION
Coca-Cola (also known as Coke) is a popular carbonated soft drink sold in stores, restaurants and vending machines in over two hundred countries. It is produced by The Coca-Cola Company, which is also occasionally referred to as Coca-Cola or Coke. It is one of the worlds most recognizable and widely sold commercial brands. Coke's major rival is Pepsi. Invented in the late 19th century Coca-Cola was bought out by shrewd businessman Asa Griggs Candler, whose aggressive marketing tactics led Coke to its dominance of the world soft drink market throughout the 20th century. Although faced with accusations of perverse sideeffects on the health of consumers and monopolistic practices by its producing company, Coca-Cola has remained a popular soft drink well into the first decade of the 21st century.
*BRANDS
Globally, the Coca-Cola Company owns or licenses nearly 450 brands in the nonalcoholic
beverage business. Many of those brands are considered among the worlds most valuable. Some of these include:
Whenever any business start operating in two or more than two countries, it come across some of the problems which are beyond the control of business
* Cond.
, like legal restraints, government controls, weather, consumer behavior
economic conditions of the host country, social and cultural factors, geography & infrastructure, channel of distribution available, level of technology and competitive forces. These problems are different in all the countries in which business starts its operations. So business has to design a separate framework for each country to overcome these problems.
Coke is one of the oldest companies which are in international business; they have a vast experience of controlling these elements. They heavily rely on research to overcome these problems
*Factors
1. Legal And Political Problems 2. Social And Cultural Factors 3. Geography & Infrastructure 4. Economic factors 5. Competitive Forces
*
They perform thorough study of legal and political problems to decide to enter into any country. They track the previous record of the ruling party and policies. They also keep in mind the attitude of other opposition parties about foreign companies. If any problem arises regarding political or legal issues, they dont sacrifice their policies and secrecies, as we have a case of COKE AND INDIAN GOVERNMENT. When Indian Government asked to have formula for the concentrate and they deny and left the huge Indian market
Geography & Infrastructure If any business wants to start its business in any other country, it also studies the geography and infrastructure of the host country. That is if feasible for doing business or not. They decide the channel of distribution, modes of transportation and there cost to make decisions regarding prices and designing strategies. In Pakistan Coke found a reasonable infrastructure to do business, which is continuously improving to facilitate distribution system. Economic factors Different counties have different economic conditions at a time so Coke designs different strategies to handle these conditions. As Coke is one of the largest businesses in the world, they have a strong financial background to overcome these economic problems. In host countries they change their prices, investment and penetration strategies to overcome economic factors. Competitive Forces Whenever any business enters into any other country they face competition with some local and international brands. Coke Combat this problem with their quality commitment and continuously providing its customers with quality product, services and entertainment.