The charge of this Case paper is to conduct a strategic analysis of the Coca-Cola Company. This analysis will identify the primary business strategy employed by the Coca-Cola Company. Coca-Cola Company will identify which of the four generic Porter strategies does the company follows. After these discoveries, a critical analysis evaluating the strategies identified in the context of the strengths, weaknesses, opportunities, and threats you identified in the previous module. Introduction: Is analysis such as strategic analysis important? Of course it is. Strategic analysis is just a piece of an intelligent process in managing. This process conducts research on the organization and the business environment within which an organization operates. This paper will concentrate its efforts on strategic alternatives at the corporate, business, and functional levels. First, strategic choice will be defined. Then, this paper will focus on the strategic options available to companies at the business level. Companies select business strategies to obtain Sustained Competitive Advantage against competitors. First, strategic choice will be defined. Companies have resources such as financial resources, human resources, productive capacity and distribution channels at its fingertips. Strategic choices are the calculated steps a company intends to take to implement these resources. These strategic choices could include determining what products and services to sell, where
Distinguishing one 's firm from the alternatives is a major concern for any business. Strategic analysis provides the starting point in the strategic management process organizations use to evaluate and choose the competitive advantages that distinguish them from other organizations within the market. Dominating businesses should also "choose among alternative grand strategies to guide the firm 's activities, particularly when they are trying to decide about broadening the scope of the firm 's activities beyond its core business (Robinson & Pearce, 2009)."
Due to globalization and this fast-growing business environment, firms struggle to earn above-average returns. They strive to establish a competitive advantage in order to earn higher returns. It is not enough for firms to establish a competitive advantage, they should also figure out ways to sustain it. There are several factors that can affect the competitiveness of a firm including customers, suppliers, existing rivals, new entrants, and substitutes. Firms should take into account these factors in order to sustain their competitive advantage. This paper analyzes Yoffie 's (2009) Cola War case, assesses concentrate producers, bottlers, and retailers in terms of Porter’s (2008) five forces of competition and provides recommendations to Coca-Cola.
Strategic Management is the theory and practice of making decisions that shape the future of the firm. This course looks at the content and process of strategic decision making from the perspective of managers who are responsible for an entire business unit. These may be individuals who are acting in the capacity of a Chief Executive of a company, divisional General Managers, or departmental heads. It is also the perspective most
Coca-Cola Company has realized significant growth since its establishment to become a global leader in the marketing, manufacturing, and distribution of syrup and soft drinks. Out of the four generic strategies, the company has followed the differentiation strategy to make its products unique in the market. Its interest is to maximize the market share through the development of the most innovative products and the establishment of effective strategies to influence the customer’s decisions. In such a way, the company has integrated various strategies to ensure that desirable results are attained in the market. Its strategic choices align with the differentiation strategy in an attempt to make its products unique and meet diverse market requirements. To reduce its weaknesses, the company should consider exploiting key opportunities in the market including venturing in the packaging of water, promotion of new brands, and launching of healthy products. In particular, the vision and mission statement of Coca-Cola seems to have reconfirmed and changed in this process of company’s strategic analysis.
It is vital for an organisation to examine and make changes based on internal and external factors that affect its performance because if there is anything that is steadfast and unchanging it is change itself. Change is inevitable in an organisation. So let us identify COCA-COLA’s strength and weaknesses a SWOT analysis which stands for strength, weaknesses, opportunity and threats.
The Coca-Cola Company is a main soda and refreshment maker and advertiser with an impression in all aspects of the globe. The organization's goal is to offer and convey soda items anyplace on the planet utilizing sheltered and reasonable inventory network administration. Coca-Cola clients can get to their most loved brands of SODA and refreshments anyplace on the planet at unassuming costs. The organization applies development to broaden its line of items so as to meet an extensive variety of customers' requests and inclinations for soda. What's more, the organization makes esteem to its clients through its administration ability and mechanical speculations. This has empowered the Coca-Cola Company to create and
Coca-Cola is the most famous and preferred carbonated soft drink in the world. Coca-Cola, otherwise known as Coke, is produced by The Coca-Cola Company, which is situated in Atlanta, Georgia. The company retails their ‘concentrate’ to certified Coca-Cola bottlers throughout the world, which holds exclusive contracts with the company.
Strategic decisions are impressively portrayed as the choices made at corporate level, which incorporate high capital investments with more chances to yield profit, expanded risk, and expanded necessity for flexibility and long run prospects. Strategic decisions are additionally described as the decisions made at functional level, which incorporate usage of suitable techniques at the business and corporate levels, retaining low risk and activity oriented operational issues. Owing to social
Various organizations around the world have a lot of share in the market. These organizations try to make sure that, they work in such a manner that, they have a competitive advantage in the market. Here, in the present paper, the discussion shall include two organizations. The first organization is PepsiCo and the second organization considered here is Coca Cola. These organizations are in the beverage industry and also provide various kinds of food products to the customers.
Strategic Analysis is the process of developing a strategy for a firm or company by researching the business, its market, the environment, and other factors in which it operates. This paper will be discussing the strategic analysis of the internet giant, Google, Inc.
If our current strategic plans is not changed, where will our organization will be in next five to ten year?
"Over a century of sweet tasting beverages with family and friends." The positioning statement of Coca-Cola needs to project the image in the minds of their existing consumers, as well as potential new consumers, the history of Coca-Cola being a competing global brand in the beverage industry and the association of the brand with fun times such as social events, parties, family activities, etc. According to Kotler and Keller (2016), positioning "is the act of designing a company 's offering and image to occupy a distinctive place in the minds of the target market." There are factors that must be taken into account to produce an effective positioning statement that will attract the attention of the targeted market
The study of strategic management, through the use of various frameworks, gives organizations the possibility to identify their position in the industry in respect to its competitors. Moreover this allows them to set realistic goals to pursue
Strategic Decisions refer to high-level and long-term decisions that set the overall direction for a business. Such decisions are dealt with by senior management since they carry more risk, e.g. which products to be developed,
The part I wrote about was on the customer 's perspective and on how to increase revenues for the Coca-Cola Company. Coca-Cola is a much loved product in the U.S.A. and in other countries. Coca-Cola is the most consumed soda pop in the world today. The company was founded by John Pemberton in the 1886. The logo for the company does has changed from when the company first started but, in years today it is not that different from the 1886. They still keep the same form of the lettering. The company can increase their revenues by making sure they retain their customers and increase customers that buy their product. The company can also make sure that they increase their revenue and customers by analyzing the company’s price on materials and sales, quality of products and services, product innovation, and improvement in customer service.