Business Economics and Finance Case Study Example | Topics and Well Written Essays - 2750 words

Business Economics and Finance - Case Study ExampleCarbonated water was teamed with the natural syrup to produce a drink that was at once Delicious and refreshing, a theme that continues to reiterate today wherever Coca-Cola is enjoyed (The Coca-Cola COmpany).Thinking that the two Cs would look well in advertising, Dr. Pembertons partner and bookkeeper, straight-from-the-shoulder M. Robinson, suggested the name and penned the now famous trademark Coca-Cola in his unique script. The first newspaper ad for Coca-Cola currently appeared in The Atlanta Journal, inviting thirsty citizens to try the new and eruptular soda fountain drink. Hand-painted oilcloth signs reading Coca-Cola appeared on store awnings, with the suggestion Drink added to inform passersby that the new beverage was for soda fountain refreshment. During the first year, gross revenue averaged a modest nine drinks per day.Dr. Pemberton never realized the potential of the beverage he created. He little by little sold portions of his business to various partners and, just prior to his death in 1888, sold his remaining lodge in in Coca-Cola to Asa G. Candler. A person born in Atlanta and an individual with great business acumen, Mr. Candler proceeded to taint additional rights and acquire complete control (The Coca-Cola COmpany).The history of Coca-Cola is a story of specific moments - times with family and friends and special occasions when Coke was naturally there. Every person who drinks a Coca-Cola enjoys a moment of refreshment - and shares in an experience that millions of others have savored. And all of those individual experiences combined have created a worldwide phenomenon - a actually spheric brand that plays its own small part on the world stage.MethodologyThe analysis of this instance specifically on the strategy for business development adopted by Coca-cola as also the operational, pecuniary decisions taken by the management at various points of time and its impact primarily o n the food market share of the company in the primary market place i.e. United States in particular and the global markets in general are discussed. The basis for discussions is research of secondary sources essentially on the internet. Various publications, entropy from various marketing related schoolman websites is also referred to in the analysis of this case. The statistics, figures referred to in this case whitethorn be subject to copyright of the respective owners and is quoted in this case analysis purely as an academic reference and has no commercial barring whatsoever. Main findingsThe soft drink intentness is highly competitive. Characteristics of the industry include slow growth and maturity, a phase during which weak companies are weeded out of the market by the strongest corporations. In order to stay competitive, soft drink companies must be able to offer their harvesting at a low price. A price that can at least match (or preferably, beat) a competitors price wi ll allow that product to enter into a consumers mental set of possible brands to purchase. Because the pop industry produces a fairly standardized product, competitors in the industry cannot entice the consumer to pay a aid