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Coca Cola Mission Statement

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Red, White & You Coca Cola is a company that is multinational aimed at catering the world’s need for beverages. The starting point of the company begins with the company’s mission statement. The mission indicates that the sole aim of the company is to refresh the world, inspire moments of optimism and happiness and eventually to create value and make a difference. The vision of the company similarly serves as a referral point for the business that is largely multinational. In order to sustain this significant growth by the company, the vision stated by the company points out what it needs to do. The vision states that in terms of people, it aspires to be a great place to work, where the people are inspired to be the best versions of …show more content…

2. The bargaining power of consumers The bargaining power of consumers has also been deemed as the market of outputs. This is the power of consumers to put the company under pressure. This can markedly influence the consumer's sensitivity to price changes by the firm. Buying power is high for the consumers if they have a number of alternatives to choose from. In terms of coca cola, there is not much competition for their products since they are the dominant players in the beverage business. This has made it possible for coca cola to contain its buyer's purchase power through establishing loyalty for their products. 3. The bargaining power of suppliers The bargaining power of suppliers has similarly been defined as the market of inputs. This means that the suppliers to any business in the form of raw materials, equipment, work input, and services can serve as a source of power for the suppliers, especially when the number of substitutes is low. A supplier who enjoys monopoly may, in fact, charge exorbitantly for their unique products or services being rendered (Narayanan et al.,207-223). 4. Intensity of rivalry among established companies Among most industries it's the intensity of competitiveness that is the ultimate determinant of a vibrant industry, for coca cola, however, they remain a dominant player in the beverage industry. External Macro Environment Factors 1. Economic These are all the variables that influence how the customer

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