Question 3: Describe the company of your choice.
Company Overview: The Coca Cola Company
The Coca Cola Company is considered as the largest non-alcoholic beverage company in the world. The organisation owns or licenses and markets over 500 brands of non-alcoholic beverages, which is grouped into major category clusters, as follows:
- Energy drinks
- Coffee and Tea
- Sparkling soft drinks
- Plant based beverages, juices and dairy
- Sports drinks, water and enhanced water (The Coca Cola Company, 2018)
The Company owns and markets four of the top five non-alcoholic sparkling soft drink brands of the world, namely, Coca Cola, Sprite, Fanta and Diet Coke. The beverage products are being sold in the United States since 1886 and are now available in over 200 territories and countries (The Coca Cola Company, 2018).
The branded beverage products of The Coca Cola Company are made available to the customers across the world, via the network of independent bottling partners, wholesalers, distributors and retailers, along with Company controlled and owned bottling and distribution operations, which is the largest beverage distribution system in the world. It has been estimated that over 1.9 billion of the approximated 61 billion servings of all the beverages are consumed every day, globally (The Coca Cola Company, 2018).
It is believed that the success of the brand is dependent on its ability of connecting with the consumers via providing them with varied range of beverage options for meeting their lifestyles, requirements and desires. Moreover, the further success of the company is dependent on the ability of the Company and its employees to perform and executive every day (The Coca Cola Company, 2018).