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Essay Corporate Level Strategy Coke Cola Case

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Corporate level strategy Coca-Cola Company is now the largest soft drink company in the world. Moreover, the company has become the largest manufacturer, distributor, and marketer of non-alcoholic beverage concentrates and syrups which operate in more than 200 countries. After years of globalization and brand building, Coca-Cola proudly pronounces its Mission Statement “At The Coca Cola Company we strive to refresh the world, inspire moments of optimism and happiness, create value and make a difference” (thecoca-colacompany.com). And its goals: “The basic proposition of our business is simple, solid and timeless. When we bring refreshment, value, joy and fun to our stakeholders, then we successfully nurture and protect our brands, …show more content…

And in addition, the company introduced a new line of Minute Maid soft drinks to the United States in 1987. In 2008, The Coca-Cola Company announced its purchase of a 40% stake of Honest Tea Inc at $43 million to acquire more resource into “venturing and emerging Brands" (VEB) business, and finalized the joint venture with Illycaffe, named Ilko Coffee International. The joint venture will introduce chilled RTD espresso-based coffees including a black café, a cappuccino and a latte macchiato, across 10 European markets. Since the soft drink industry is mature in the United States, The Coca-Cola Company chooses to concentrate on a single business. Because diversification into new businesses is highly risky, the way by which the organization seeks to minimize this risk is by pursuing diversification opportunities that can be implemented with existing resources and capabilities which means related diversification. Nowadays, consumers, public health and government officials are becoming increasingly concerned about the public health consequences associated with obesity, particularly among young people. In addition, some researchers, health advocates and dietary guidelines are encouraging consumers to reduce consumption of certain types of beverages, especially sugar-sweetened beverages (Thecoca-colacompany.com). Increasing public concern about these issues and labeling or availability of Coke’s beverages may reduce demand for soft drinks, which could affect

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