среда, 24 апреля 2019 г.
Coca-Cola Case Study Example | Topics and Well Written Essays - 1250 words
Coca-Cola - Case Study ExampleThe first spot of the stem will identify and evaluate the key success factors employed by the business organization. Next, this root word will analyze the weaknesses of the company and the potential threats that lie ahead. Lastly, this report will give its recommendation on how Coca-Cola ass further improve its marketing schema. In order to give a thorough investigation, this paper will utilize different strategic management tools.A key success factor is be as specific skill or talent or competitive capability which spells the difference among profit and loss or competitive success or failure of a business organization. flavour at the strategic operation of Coca-cola, it can be seen that the key success factors of the company are its excellent marketing mix, focus on innovation, and globose orientation.Coca-Colas marketing mix, as with other companies have four study components which are overlap, price, promotion, and place. It can be seen that the company has done an excellent job in coming up with a marketing mix which appeals to the global market. The products offered by Coca-Cola, for instance, have become widely accepted in the global market because it conveys a universal taste which discounts the differences in nationality, culture, and traditions. Secondly, the company has a pricing strategy which is at par with the industry. The marketing campaigns launched by Coca-Cola define and become a foundation of modern daytime marketing. The advertisements of the business organization irrefutably reveal new techniques and styles in capturing the audience. Lastly, Coca-Colas success is largely due to its wide availability. Its products are sold almost everywhere, from restaurants, to cafes, to vending machines, to kiosks, and most establishments.Another key success factor of Coca-cola is its focus on product innovation. Recognizing that the various changes in the market where it operates, the company reinvented itself to evolve from a single core product to a total beverage firm. Currently, Coca-Cola has nearly 400 beverages in its portfolio and is still geared in pass beverages which suits the preferences of its market. In 2005, the company announced that it has introduced a variety of new brands, brand extension, and new beverage products.Lastly, Coca-Colas success is in like manner highly attributed to its global orientation. Recognizing the huge profit opportunities abroad, the company has expanded geographically. By being global oriented, the company is not only equal to(p) to establish presence in foreign markets but is also able to generate new revenues and efficiently distribute costs among its operating segments. The company is also able to utilize resources which are present abroad in order to enhance its operations. However, aside from being globally oriented, the company also concentrates on creating specific products which suits the need of a specific market Consumer demand can va ry from one locale to another and can change over time within a single locale. Employing our business strategy, and with special focus on core brands, our Company seeks to build its existing brands and, at the same time, to broaden its historical family of brands, products and services in order to create and satisfy consumer demand locale by locale.Weaknesses and ThreatsThe weaknesses and threats faced by the Coca-Cola can be determined by conducting a SWOT