Coca-Cola company drinks
The Coca-Cola Company is one of the well-known organizations around the globe. The company sells as well as distributes beverages and food products. In its product portfolio, Coca-Cola includes various items. There are carbonated soft drinks as well as functional drinks like sprite, Fanta, Coca-Cola, and Powerade. The Coca-Cola Company also considers the health and wellbeing of its customers by manufacturing and distributing a range of water, juice as well as low-calorie drinks. These drinks include Pump, Neverfail, and Fruit box. The Coca-Cola Company also manufactures alcoholic beverages like the famous grouse and Canadian club. The company produces and distributes a range of food like fruit and vegetables, jams as well as sauces. The food and services division also distributes products of coffee and provides equipment for cold drinks. The Coca-Cola organization believes in offering its customers a range of beverages for each lifestyle, life stage as well as life occasion. Currently, the company sells over 500 beverage brands, and the company operates in more than 200 nations.
For many years, the Coca-Cola company continues to develop drinks and offering services with unique features and attributes. Various strategies make the company unique and different from its competitors. The company spends more than 20%of its advertisement budget to correctly differentiate their products and services. Since the company desires to not only exist but also to make it’s future prosperous, it has continued to the corporate character for innovation as well as quality. Over the years, the Coca-Cola company has continued to isolate its competition away from the market by building a firm brand loyal customer base. Due to the secure communication made on different media, Coca-Cola’s users have continued to perceive a great view of the company’s products. This has continued winning the company more customers. The Coca-Cola company is also a differentiator in the market through its packaging. The functional packaging strategy continues to play a vital role in making Coca-Cola’s products appear in different forms as well as sizes. The company utilizes different sizes as well as shapes of its cans and bottles to ease vending machines’ operations. Don't use plagiarised sources.Get your custom essay just from $11/page
Various resources are used by the Coca-Cola company to ensure its success in the beverage industry. The Coca-Cola company highly depends on human resources to ensure its success. The company inspires its employees through benefits packages and creating developmental opportunities to help them grow. The company also ensures its associates are happy, healthy as well as treated well and with respect.cocacola has employed enough workers in all sectors to ensure labor is provided effectively and competitively. The company also uses physical resources to attain success. It has a vast range of machinery that has helped the company perfects it’s labeling, packing, bottling as well as filling processes. This machinery gives the company massive outcomes regarding quality as well as efficiency. The third resources used by the Coca-Cola company are the financial ones. The company is tangled in international capital markets; hence it has a well-balanced as well as a diverse portfolio. The company has a remarkable cash flow generation, and this makes it have growth potential in the future. General organizational resources also help Coca-Cola company become successful. The company has a rich list of brands with well-known names like Fanta, Minute maid, monster, and this helps in marketing its products. The Coca-Cola company utilizes knowledge as well as learning resources to ensure its success. The company thinks on a global scale to promote its research as well as development. It has six R&D locations around the globe. The locations are connected to an external technology assessment and acquisition hubs. They connect Coca-Cola with partners, entrepreneurs, tech startups, as well as other researches in different universities.
The Coca-Cola Company took various actions to attain its operational excellence. The company embraced and continues to embrace differentiation strategy to remain unique and a leader in the beverage industry. The company ensures that it makes unique as well as valued products that meet the demand of its customers. Coca-Cola invests time as well as money in research to get a clear comprehension of different segments in the market concerning various factors like age lifestyle and income. This helps the company to attain accurate development as well as marketing for its beverages. The company also achieved operational success through cost leadership strategies. The cost leadership strategies result from learning, knowledge, and experience in production and operational processes matters. The Coca-Cola company attains cost leadership strategy vie embracing successful manufacturing systems as well as distribution networks. The company also achieves its success through the production of new products that are meant for new markets. It ensured that its products are globalized and meet the required standards to meet each customer’s satisfaction. The company made and continues to make firm choices concerning the kinds of markets it needs to boost its sales. For example, the company ensures that it meets the needs of aged health-conscious consumers by manufacturing beverages like Diet Coke. It also meets the needs of young consumers by offering Coke as well as cherry coke. The Coca-Cola company gives incentives to retailers as well as intermediaries to encourage them to continue pushing their products into the market. It uses the promotion strategy at various levels of emphasis concerning public relation, advertising, technological changes as well as sales promotion. These strategies have continued to play a vital role in ensuring that most of the company’s products reach global markets.