for the discovery of the drink that initially revolutionized the fountain drink industry and has continued its world-shattering hike for the past 126 years and has steadfastly transformed the modern day beverage market. Dr. Pemberton, on May 8, 1886, in Atlanta, Georgia, first introduced his product to Jacobs’ Pharmacy where it was sold for five cents a glass as a fountain drink. The Coca-Cola Company is now the world’s largest beverage company. They own or license and market 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. Coca-Cola Company own and market four of the world’s top five nonalcoholic sparkling beverage brands: Coca-Cola, Diet Coke, Fanta and Sprite. Finished beverage products bearing the Coca-Cola trademarks are now sold in more than 200 countries. The Coca- Cola Company has been in existence for more than 100 years not because competition doesn’t exist, but because it has studiously evolved its business policies and strategies.
This report was created for the sole
purpose of further understanding the Coca- Cola Company business management. The report contains a brief introduction of the Coca-Cola Company and a detailed view of the company management. It outlines how this public listed company plan, organize, lead and control their work force into achieving the company’s goals. Having a clear idea of the vision and mission statement of the company is vital into achieving the goal of the company. It is a map as to how the stakeholders involve in the company are to perform in order for the company to run smoothly. Strong managerial skills along with proper motivational skills will ensure that the stakeholders are working efficiently towards the company’s main goal. It also highlights how stakeholders affect the company whether it is an internal or external stakeholder. The main objective of this report is to analyze and study how good business managerial skills will affect a company such as the Coca-Cola Company which is globally renowned.
The Coca-Cola Company is the world’s
leading non-alcoholic soft drink manufacturer, marketer and distributors. The company is best known for their beverage products which comprises of bottled and canned soft drinks as well as syrups concentrates and sports drinks. It is a globally recognized company that was founded in May 1886 by Asa Candler which is now operating in over 200 countries and producing nearly 400 brands. Coca-Cola has successfully applied their formula of “Provide a moment of refreshment for a small amount of money a billion times a day” on a global scale for more than a century. Since 1889, the company operates a franchised distribution system which only produces syrup concentrate. These products are later sold to various bottlers around the globe however the anchor bottler of the Coca-Cola Company is located at North America, Coca-Cola Refreshments. In the year 2010, Coca-Cola was announced to be the first brand to top £1 billion in annual UK grocery sales. The company has even once been the owner of a film company called Columbia Pictures until it was sold in 1987 but not before releasing several popular films into the market.