Professional Documents
Culture Documents
Tech.com – 2A
Group Members:
INTRODUCTION
The coca cola company was founded in 1886 and over 130 years later it is
currently the world’s largest beverage company. The company operates over
500 different sparkling and still brands and over 3,900 beverage choices ,
including its flagship product , coca cola . the company has been operating with
a franchised distribution system since 1889 and currently has its products sold
in over 200 countries . more than 1.9 billion serving of coca cola products are
consumed all over the world per day. In 2010, it was announced that coca cola
had become the first brand to top $1 Billion in annual UK grocery sales. In 2017
coca cola sales down 11% from the year before due to consumers taste shifting
away from sugary drinks. Since 1919 , coca cola has been publicly listed
company . its stock is listed on the new york stock exchange under the ticker
symbol KO. One share of stock purchased in 1919 for $40, with all dividends
reinvested would have been worth $9.8 million in 2012 , a 10.7% annual
increase adjusted for inflation.
In june 2013 the coca cola company (TCCC) launched coke life , a naturally
sweetened but sugar – reduced carbonated soft drink . coke life substituted a
portion of the sugar component with stevia leaf extract and contained 35
percent less sugar than coca cola classic. Over the period TCCL has been a
dominant player in the marketof US , Australia , UK and Argentina , with its
main concentration of business through retail stores followed by
restaurantand local shops TCCL has kept it taste uniform and consonant among
its different offerings because of the emotional association and perception
consumers have regarding coca cola . it operates its business by the division of
the brand portfolio into four carbonated soft drinks csd, non alcoholic ready to
drink soft drinks (NASDs) , bottled water and fruit juices . each of the category
carries 35% , 25% ,and 15%.
PROBLEM IDENTIFICATION
There are certain problem identified in the case , among which some problems
points major threat to the functional and operational efficiency of the coca
cola company .
Course of Action
In order to make coca cola life successful in the coming year and shifts the
whole process of production to eco friendly , TCCL have to take following
actions in order to generate great acceptability and hence extract great profits.
Coca cola had made commitment that by 2020 , low or no calorie cokes will
account for 50 per cent of sales said coca cola enterprises genral manager
Leendert den Hollander. What responses would he launchthe coke life trigger .