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Business Case Study: 100PLUS

Decent Essays

Introduction
Economics is the production of goods of consumption and wealth transfer, production and access to research these goods. Market economics to explain how people interact to get what they want or to accomplish specific goals. Since economics is the driving force of interpersonal communication, study it often reveals why people and government's behaviour in a particular manner (What is Economic, n.d.).
Coca-cola and 100 Plus are the substitutes goods. Substitutes are the two good use with the same purpose and if the price of one increase another good of the demand also increases.
Coca-cola
Coca-Cola's history began in 1886, when Atlanta pharmacist John Pemberton Dr. S., curiosity led him to create a unique tasting drink that can be …show more content…

However, the brand behind the company's management believes that the potential of the product, and stuck with it. The company tirelessly continue to invest resources, time and effort to build the brand, to promote the advantages of 100PLUS who are familiar sports isotonic drinks.The company's foresight, vision and tenacity finally paid off. As more and more people began to focus on health, consumer preferences shift significantly associated with the occurrence of a healthy beverage alternatives (100PLUS, …show more content…

3. Price
The company is the production and pricing policy terms highly interdependent with each other. Thus, oligopolistic companies do not change the price, but their performance non-price competition.
4. Non-price competition
(a) Advertising
(b) Sales and promotion
(c) Services after sales
(d) Product development / differentials Different between perfect competition and imperfect competition
Perfect competition is a competitive market, where there are numerous sellers many buyers sell homogeneous products or services. Imperfect competition is an economic structure, competitive conditions are not completely fulfilled (Surbhi, 2015).
So Coca - cola and 100 plus is the perfect competition, because both are the large number of buyers and sellers, and sellers to provide buyers of the same product. It is a hypothetical situation that does not exist in the real world applicable and there are many players in the market. Both also are the Seller production or offer the same products. Last both are price takers because both are assumes that the company will not affect the price of the

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