Coca-Cola (1) Flashcards
Facts about Coke
- 1.9 billion of cokes products are consumed daily globally
- Coke is one of the most recognisable brands on the planet
- Cokes 30-year advertising is responsible for Santas red and white clothes
Why is Coke such a significant TNC?
Coke was rated by Interbrand as one of the most valuable brands in the world in 2015 along with google and apple. Shareholders have received increased dividends for 53 consecutive years
What is cokes estimated yearly revenue?
Cokes 20 different brands generate around 45 billion dollars yearly
Why is Coke such a great example of globalisation?
Coke sells in over 200 countries
Coca-Cola Impact: Positive Social
Coke has provided training and education programs for over 5 million female entrepreneurs in poorer countries.
Coke has given huge grants to companies throughout the world such as Anandana in India
Coca-Cola Impact: Negative Social
Harsh working conditions are present in some bottling plants
Coke has had many hugely expensive advertising campaigns advocating unhealthy drinks despite increasing obesity
Coca-Cola Impact: Positive Economic
Franchise operation means local businesses in LICs can benefit from the profit made by coke sales.
Investment in new production plants and infrastructure allows for huge economic growth.
Coke has created an infrastructure in India worth around 2 billion
Coca-Cola Impact: Negative Economic
Long hours for little pay in LICs and the majority of profits are sent back to the USA.
Most schemes are top-down and may not reach the most in need
Coca-Cola Impact: Positive Environmental
Agriculture schemes create more sustainable farming that is less damaging to the environment
Water schemes try to prevent over-extraction
The trade network creates pathways for things such as disaster relief
Coca-Cola Impact: Negative Environmental
Over extraction of water (Coke used more water than 25% of the world In 2012)
Water pollution in Kerala India 2004
Pesticide use is bad for biodiversity
Coke numbers:
2015 Revenue 46billion Market share of soft drinks 25% Number of products 3500 Number of sales per day 1.9 billion Brand value 80 billion