THE Company: - Business Profile
THE Company: - Business Profile
THE Company: - Business Profile
THE
COMPANY
|BUSINESS PROFILE
Table of Contents
1 COMPANY PROFILE .................................................................................................................... 1
1.1 Our Purpose ....................................................................................................................... 1
1.2 Our Vision .......................................................................................................................... 1
1.3 Company Overview ............................................................................................................ 1
1.4 History of the Company...................................................................................................... 1
1.4.1 Company .................................................................................................................... 2
1.4.2 Origins of Bottling ....................................................................................................... 3
1.4.3 20th Century................................................................................................................ 4
1.4.4 New Coke ................................................................................................................... 4
1.4.5 21st Century ................................................................................................................ 5
1.5 Geographic Organization .................................................................................................... 6
2 Production ................................................................................................................................. 7
2.1 Ingredients of Coca-Cola .................................................................................................... 7
2.2 Brand Family ...................................................................................................................... 7
2.2.1 Coca-Cola ................................................................................................................... 7
2.2.2 Diet Coke .................................................................................................................... 8
2.2.3 Coca-Cola Zero ........................................................................................................... 8
2.2.4 Sprite ......................................................................................................................... 9
2.2.5 Fanta .......................................................................................................................... 9
2.2.6 Minute Maid ............................................................................................................ 10
3 COCA-COLA STATISTICS ............................................................................................................ 11
3.1 2018-2019 Revenue, Operating Income and Unit Case Volume by Group ......................... 11
3.2 Global Market share ......................................................................................................... 11
4 Bibliography ............................................................................................................................ 12
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List of Figures
Figure 1.1 Geographic Organization of Coca Cola around the world ................................................... 6
Figure 2.1Coca-Cola Bottle ................................................................................................................ 7
Figure 2.2 Diet Coke Sugar Free Figure 2.3Diet Coke - Caffeine Free .............................................. 8
Figure 2.4Coca-Cola Zero Sugar ......................................................................................................... 8
Figure 2.5Sprite ................................................................................................................................. 9
Figure 2.6 Fanta ................................................................................................................................. 9
Figure 2.7 Minute Maid ................................................................................................................... 10
Figure 3.1 Market share of beverages around the world .................................................................. 11
List of Tables
Table 1 2018-2018 Revenue Division ............................................................................................... 11
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1 COMPANY PROFILE
1.1 Our Purpose
Refresh the world. Make a difference.
Our product portfolio includes sparkling beverages such as Coca-Cola®, Coke Zero™, Diet Coke®,
Sprite® and Fanta®, and still beverages, such as juice and juice drinks, waters, enhanced water, sports
and energy drinks, teas, coffees, dairy and soy-based drinks, and beverages with added nutritional
benefits.
This global system includes approximately 700,000 associates and is headquartered in Atlanta,
Georgia. (Company, 2011)
In 1886, when Atlanta and Fulton County passed prohibition legislation, Pemberton
responded by developing Coca-Cola, a nonalcoholic version of Pemberton's French Wine
Coca.It was marketed as "Coca-Cola: The temperance drink", which appealed to many people
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as the temperance movement enjoyed wide support during this time. The first sales were at
Jacob's Pharmacy in Atlanta, Georgia, on May 8, 1886, where it initially sold for five cents a
glass. Drugstore soda fountains were popular in the United States at the time due to the belief
that carbonated water was good for the health, and Pemberton's new drink was marketed
and sold as a patent medicine, Pemberton claiming it a cure for many diseases, including
morphine addiction, indigestion, nerve disorders, headaches, and impotence. Pemberton ran
the first advertisement for the beverage on May 29 of the same year in the Atlanta Journal.
By 1888, three versions of Coca-Cola – sold by three separate businesses – were on the
market. A co-partnership had been formed on January 14, 1888, between Pemberton and
four Atlanta businessmen: J.C. Mayfield, A.O. Murphey, C.O. Mullahy, and E.H. Bloodworth.
Not codified by any signed document, a verbal statement given by Asa Candler years later
asserted under testimony that he had acquired a stake in Pemberton's company as early as
1887. John Pemberton declared that the name "Coca-Cola" belonged to his son, Charley, but
the other two manufacturers could continue to use the formula.
Charley Pemberton's record of control over the "Coca-Cola" name was the underlying factor
that allowed for him to participate as a major shareholder in the March 1888 Coca-Cola
Company incorporation filing made in his father's place. Charley's exclusive control over the
"Coca-Cola" name became a continual thorn in Asa Candler's side. Candler's oldest son,
Charles Howard Candler, authored a book in 1950 published by Emory University. In this
definitive biography about his father, Candler specifically states: " on April 14, 1888, the young
druggist Asa Griggs Candler purchased a one-third interest in the formula of an almost
completely unknown proprietary elixir known as Coca-Cola." The deal was actually between
John Pemberton's son Charley and Walker, Candler & Co. – with John Pemberton acting as
cosigner for his son. For $50 down and $500 in 30 days, Walker, Candler & Co. obtained all of
the one-third interest in the Coca-Cola Company that Charley held, all while Charley still held
on to the name. After the April 14 deal, on April 17, 1888, one-half of the Walker/Dozier
interest shares were acquired by Candler for an additional $750. (Anon., 2021)
1.4.1 Company
IN 1892, CANDLER SET OUT TO INCORPORATE A SECOND COMPANY; "THE COCA-COLA COMPANY" (THE
CURRENT CORPORATION). WHEN CANDLER HAD THE EARLIEST RECORDS OF THE "COCA-COLA COMPANY"
DESTROYED IN 1910, THE ACTION WAS CLAIMED TO HAVE BEEN MADE DURING A MOVE TO NEW
CORPORATION OFFICES AROUND THIS TIME.
AFTER CANDLER HAD GAINED A BETTER FOOTHOLD ON COCA-COLA IN APRIL 1888, HE NEVERTHELESS
WAS FORCED TO SELL THE BEVERAGE HE PRODUCED WITH THE RECIPE HE HAD UNDER THE NAMES "YUM
YUM" AND "KOKE". THIS WAS WHILE CHARLEY PEMBERTON WAS SELLING THE ELIXIR, ALTHOUGH A
CRUDER MIXTURE, UNDER THE NAME "COCA-COLA", ALL WITH HIS FATHER'S BLESSING. AFTER BOTH
NAMES FAILED TO CATCH ON FOR CANDLER, BY THE MIDDLE OF 1888, THE ATLANTA PHARMACIST WAS
QUITE ANXIOUS TO ESTABLISH A FIRMER LEGAL CLAIM TO COCA-COLA, AND HOPED HE COULD FORCE HIS
TWO COMPETITORS, WALKER AND DOZIER, COMPLETELY OUT OF THE BUSINESS, AS WELL.
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JOHN PEMBERTON DIED SUDDENLY ON AUGUST 16, 1888. ASA CANDLER THEN DECIDED TO MOVE
SWIFTLY FORWARD TO ATTAIN FULL CONTROL OF THE ENTIRE COCA-COLA OPERATION.
CHARLEY PEMBERTON, AN ALCOHOLIC AND OPIUM ADDICT UNNERVED ASA CANDLER MORE THAN
ANYONE ELSE. CANDLER IS SAID TO HAVE QUICKLY MANEUVERED TO PURCHASE THE EXCLUSIVE RIGHTS TO
THE NAME "COCA-COLA" FROM PEMBERTON'S SON CHARLEY IMMEDIATELY AFTER HE LEARNED OF DR.
PEMBERTON'S DEATH. ONE OF SEVERAL STORIES STATES THAT CANDLER APPROACHED CHARLEY'S
MOTHER AT JOHN PEMBERTON'S FUNERAL AND OFFERED HER $300 IN CASH FOR THE TITLE TO THE NAME.
CHARLEY PEMBERTON WAS FOUND ON JUNE 23, 1894, UNCONSCIOUS, WITH A STICK OF OPIUM BY HIS
SIDE. TEN DAYS LATER, CHARLEY DIED AT ATLANTA'S GRADY HOSPITAL AT THE AGE OF 40.
IN CHARLES HOWARD CANDLER'S 1950 BOOK ABOUT HIS FATHER, HE STATED: "ON AUGUST 30 [1888],
HE ASA CANDLER BECAME THE SOLE PROPRIETOR OF COCA-COLA, A FACT WHICH WAS STATED ON
LETTERHEADS, INVOICE BLANKS AND ADVERTISING COPY."
WITH THIS ACTION ON AUGUST 30, 1888, CANDLER'S SOLE CONTROL BECAME TECHNICALLY ALL TRUE.
CANDLER HAD NEGOTIATED WITH MARGARET DOZIER AND HER BROTHER WOOLFOLK WALKER A FULL
PAYMENT AMOUNTING TO $1,000, WHICH ALL AGREED CANDLER COULD PAY OFF WITH A SERIES OF
NOTES OVER A SPECIFIED TIME SPAN. BY MAY 1, 1889, CANDLER WAS NOW CLAIMING FULL OWNERSHIP
OF THE COCA-COLA BEVERAGE, WITH A TOTAL INVESTMENT OUTLAY BY CANDLER FOR THE DRINK
ENTERPRISE OVER THE YEARS AMOUNTING TO $2,300.
IN 1914, MARGARET DOZIER, AS CO-OWNER OF THE ORIGINAL COCA-COLA COMPANY IN 1888, CAME
FORWARD TO CLAIM THAT HER SIGNATURE ON THE 1888 COCA-COLA COMPANY BILL OF SALE HAD BEEN
FORGED. SUBSEQUENT ANALYSIS OF OTHER SIMILAR TRANSFER DOCUMENTS HAD ALSO INDICATED JOHN
PEMBERTON'S SIGNATURE HAD MOST LIKELY BEEN FORGED AS WELL, WHICH SOME ACCOUNTS CLAIM WAS
PRECIPITATED BY HIS SON CHARLEY.
ON SEPTEMBER 12, 1919, COCA-COLA CO. WAS PURCHASED BY A GROUP OF INVESTORS FOR $25
MILLION AND REINCORPORATED IN DELAWARE. THE COMPANY PUBLICLY OFFERED 500,000 SHARES OF
THE COMPANY FOR $40 A SHARE.
IN 1986, THE COCA-COLA COMPANY MERGED WITH TWO OF THEIR BOTTLING OPERATORS (OWNED BY
JTL CORPORATION AND BCI HOLDING CORPORATION) TO FORM COCA-COLA ENTERPRISES INC. (CCE).
IN DECEMBER 1991, COCA-COLA ENTERPRISES MERGED WITH THE JOHNSTON COCA-COLA BOTTLING
GROUP, INC. (ANON., 2021)
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A FEW YEARS LATER TWO ENTREPRENEURS FROM CHATTANOOGA, TENNESSEE, NAMELY BENJAMIN F.
THOMAS AND JOSEPH B. WHITEHEAD, PROPOSED THE IDEA OF BOTTLING AND WERE SO PERSUASIVE THAT
CANDLER SIGNED A CONTRACT GIVING THEM CONTROL OF THE PROCEDURE FOR ONLY ONE DOLLAR .
CANDLER NEVER COLLECTED HIS DOLLAR, BUT IN 1899, CHATTANOOGA BECAME THE SITE OF THE FIRST
COCA-COLA BOTTLING COMPANY. CANDLER REMAINED VERY CONTENT JUST SELLING HIS COMPANY'S
SYRUP. THE LOOSELY TERMED CONTRACT PROVED TO BE PROBLEMATIC FOR THE COCA-COLA COMPANY
FOR DECADES TO COME. LEGAL MATTERS WERE NOT HELPED BY THE DECISION OF THE BOTTLERS TO
SUBCONTRACT TO OTHER COMPANIES, EFFECTIVELY BECOMING PARENT BOTTLERS. THIS CONTRACT
SPECIFIED THAT BOTTLES WOULD BE SOLD AT 5¢ EACH AND HAD NO FIXED DURATION, LEADING TO THE
FIXED PRICE OF COCA-COLA FROM 1886 TO 1959. (ANON., 2021)
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THE PUBLIC'S NOSTALGIA FOR THE OLD DRINK, LEADING TO A BACKLASH. THE COMPANY GAVE IN TO
PROTESTS AND RETURNED TO THE OLD FORMULA UNDER THE NAME COCACOLA CLASSIC, ON JULY 10,
1985. "NEW COKE" REMAINED AVAILABLE AND WAS RENAMED COKE
II IN 1992; IT WAS DISCONTINUED IN 2002. (ANON., 2021)
IN APRIL 2007, IN CANADA, THE NAME "COCA-COLA CLASSIC" WAS CHANGED BACK TO "COCACOLA".
THE WORD "CLASSIC" WAS REMOVED BECAUSE "NEW COKE" WAS NO LONGER IN PRODUCTION,
ELIMINATING THE NEED TO DIFFERENTIATE BETWEEN THE TWO. THE FORMULA REMAINED UNCHANGED.
IN JANUARY 2009, COCA-COLA STOPPED PRINTING THE WORD "CLASSIC" ON THE LABELS OF 16-US-
FLUID-OUNCE (470 ML) BOTTLES SOLD IN PARTS OF THE SOUTHEASTERN UNITED STATES. THE CHANGE IS
PART OF A LARGER STRATEGY TO REJUVENATE THE PRODUCT 'S IMAGE. THE WORD "CLASSIC" WAS
REMOVED FROM ALL COCA-COLA PRODUCTS BY 2011.
IN NOVEMBER 2009, DUE TO A DISPUTE OVER WHOLESALE PRICES OF COCA-COLA PRODUCTS, COSTCO
STOPPED RESTOCKING ITS SHELVES WITH COKE AND DIET COKE FOR TWO MONTHS; A SEPARATE POURING
RIGHTS DEAL IN 2013 SAW COKE PRODUCTS REMOVED FROM COSTCO FOOD COURTS IN FAVOR OF PEPSI.
SOME COSTCO LOCATIONS (SUCH AS THE ONES IN TUCSON, ARIZONA) ADDITIONALLY SELL IMPORTED
COCA-COLA FROM MEXICO WITH CANE SUGAR INSTEAD OF CORN SYRUP FROM SEPARATE DISTRIBUTORS.
COCA-COLA INTRODUCED THE 7.5-OUNCE MINI-CAN IN 2009, AND ON SEPTEMBER 22, 2011, THE
COMPANY ANNOUNCED PRICE REDUCTIONS, ASKING RETAILERS TO SELL EIGHT-PACKS FOR $2.99. THAT
SAME DAY, COCA-COLA ANNOUNCED THE 12.5OUNCE BOTTLE, TO SELL FOR 89 CENTS. A 16-OUNCE
BOTTLE HAS SOLD WELL AT 99 CENTS SINCE BEING RE-INTRODUCED, BUT THE PRICE WAS GOING UP TO
$1.19.
IN 2012, COCA-COLA RESUMED BUSINESS IN MYANMAR AFTER 60 YEARS OF ABSENCE DUE TO U.S.-
IMPOSED INVESTMENT SANCTIONS AGAINST THE COUNTRY . COCA-COLA'S BOTTLING PLANT WILL BE
LOCATED IN YANGON AND IS PART OF THE COMPANY'S FIVE-YEAR PLAN AND $200 MILLION INVESTMENT
IN MYANMAR. COCA-COLA WITH ITS PARTNERS IS TO INVEST US$5 BILLION IN ITS OPERATIONS IN INDIA
BY 2020. IN 2013, IT WAS ANNOUNCED THAT COCA-COLA LIFE WOULD BE INTRODUCED IN ARGENTINA
AND OTHER PARTS OF THE WORLD THAT WOULD CONTAIN STEVIA AND SUGAR. HOWEVER, THE DRINK WAS
DISCONTINUED IN BRITAIN IN JUNE 2017.
ON AUGUST 28, 2020, THE COMPANY ANNOUNCED THE CUT OF "THOUSANDS" OF JOBS AS A RESULT THE
COVID-19 PANDEMIC EFFECTS; CLOSING OF BARS, RESTAURANTS, AND OTHER VENUES RESULTED IN A
LOWER DEMAND FOR COCA-COLA. 4,000 "VOLUNTARY SEPARATIONS" WILL BE PROVIDED TO EMPLOYEES
BASED IN THE UNITED STATES, CANADA, AND PUERTO RICO. SUBSEQUENTLY, THE SAME MODEL IS SET TO
BE USED FOR OTHER COCA-COLA COMPANIES WORLDWIDE. (ANON., 2021)
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IN DECEMBER 2020, THE COMPANY ANNOUNCED THAT AS A RESTRUCTURING PLAN, IT'S PLANNING TO
CUT 2200 JOBS WORLDWIDE WHICH WILL RESULT IN ANNUAL SAVINGS OF BETWEEN $350 MILLION AND
$550 MILLION.
ON JANUARY 25, 2021, THE COMPANY ANNOUNCED IT WOULD BE LAUNCHING COCA-COLA WITH
COFFEE AND COCA-COLA WITH COFFEE ZERO SUGAR NATIONWIDE IN THE UNITED STATES. THE PRODUCT
WOULD BE AVAILABLE IN THREE FLAVORS – DARK BLEND, VANILLA AND CARAMEL – WHILE THE ZERO-
SUGAR, ZERO-CALORIE VERSION COMES IN DARK BLEND AND VANILLA.
IN FEBRUARY 2021, AS A PLAN TO COMBAT THE PLASTIC WASTE, COCA-COLA SAID THAT IT WILL START
SELLING ITS SODAS IN BOTTLES MADE FROM 100% RECYCLED PLASTIC MATERIAL IN THE UNITED STATES
AND IS PLANNING TO RECYCLE BY 2030 ONE BOTTLE OR CAN FOR EACH ONE IT SELLS.[60] COCA-COLA IS
STARTING BY SELLING 2000 PAPER BOTTLES TO SEE IF THEY HOLD UP DUE TO THE RISK OF SAFETY AND OF
CHANGING THE TASTE OF THE DRINK. (ANON., 2021)
COCA-COLA
CAMPUCHIA MALAYSIA
BRUNEI
2 Production
2.1 Ingredients of Coca-Cola
• Carbonated water
• Sugar (sucrose or high-fructose corn syrup (HFCS) depending on country of origin)
• Caffeine
• Phosphoric acid
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Figure 2.2 Diet Coke Sugar Free Figure 2.3Diet Coke - Caffeine Free
DIET COKE, COCA-COLA LIGHT COCA-COLA LIGHT TASTE IS A SUGAR-FREE AND NO-CALORIE SOFT DRINK
OR
PRODUCED AND DISTRIBUTED BY THE COCA-COLA COMPANY. IT CONTAINS ARTIFICIAL SWEETENERS INSTEAD OF
SUGAR. UNVEILED ON JULY 8, 1982, AND INTRODUCED IN THE UNITED STATES ON AUGUST 9, IT WAS THE FIRST
NEW BRAND SINCE 1886 TO USE THE COCA-COLA TRADEMARK. THE PRODUCT QUICKLY OVERTOOK THE
COMPANY'S EXISTING DIET COLA, TAB, IN SALES.
COCA-COLA ZERO SUGAR, ALSO CALLED COKE ZERO, IS A DIET COLA PRODUCED BY THE COCA-COLA COMPANY.IN
SOME COUNTRIES, IT IS SOLD AS COCA-COLA NO SUGAR.
THE DRINK WAS INTRODUCED IN 2005 AS COCA-COLA ZERO AS A NEW NO-CALORIE COLA. IN 2017, THE FORMULA
WAS MODIFIED AND THE NAME UPDATED, A CHANGE WHICH LED TO SOME BACKLASH.
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2.2.4 Sprite
Figure 2.5Sprite
SPRITE IS A COLORLESS, LEMON AND LIME-FLAVORED SOFT DRINK CREATED BY THE COCA-COLA COMPANY. IT WAS
FIRST DEVELOPED IN WEST GERMANY IN 1959 AS FANTA KLARE ZITRONE ("CLEAR LEMON FANTA") AND WAS
INTRODUCED IN THE UNITED STATES UNDER THE CURRENT BRAND NAME SPRITE IN 1961 AS A COMPETITOR TO 7
UP. SPRITE COMES IN MULTIPLE FLAVOURS, INCLUDING, BUT NOT LIMITED TO, CRANBERRY, CHERRY, GRAPE,
ORANGE, AND VANILLA.
2.2.5 Fanta
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TRADE EMBARGO OF NAZI GERMANY, WHICH AFFECTED THE AVAILABILITY OF COCA-COLA INGREDIENTS,
IN 1940; THE CURRENT VERSION WAS CREATED IN ITALY.
MINUTE MAID IS A PRODUCT LINE OF BEVERAGES, USUALLY ASSOCIATED WITH LEMONADE OR ORANGE
JUICE, BUT WHICH NOW EXTENDS TO SOFT DRINKS OF DIFFERENT KINDS, INCLUDING HI-C. MINUTE MAID
IS SOLD UNDER THE CAPPY BRAND IN CENTRAL EUROPE AND UNDER THE BRAND "МОЯ СЕМЬЯ" (MOYA
SEMIA, "MY FAMILY") IN RUSSIA AND THE COMMONWEALTH OF INDEPENDENT STATES. MINUTE MAID
WAS THE FIRST COMPANY TO MARKET FROZEN ORANGE JUICE CONCENTRATE,[3] ALLOWING IT TO BE
DISTRIBUTED THROUGHOUT THE UNITED STATES AND SERVED YEAR-ROUND. THE MINUTE MAID
COMPANY IS OWNED BY THE COCA-COLA COMPANY, THE WORLD'S LARGEST MARKETER OF FRUIT JUICES
AND DRINKS. THE FIRM OPENED ITS HEADQUARTERS IN SUGAR LAND TOWN SQUARE IN SUGAR LAND,
TEXAS, UNITED STATES, ON FEBRUARY 16, 2009; PREVIOUSLY IT WAS HEADQUARTERED IN THE 2000
ST. JAMES PLACE BUILDING IN HOUSTON.
3 COCA-COLA STATISTICS
3.1 2018-2019 Revenue, Operating Income and Unit Case Volume by
Group
Table 1 2018-2018 Revenue Division
(Dollars are in millions) 2018 2019
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24%
Coca-Cola
PepsiCo
47%
8% Cadburry
Others
21%
4 Bibliography
Anon., 2021. Coca-Cola - Wikipedia. [Online]
Available at: https://en.wikipedia.org/wiki/Coca-Cola
[Accessed 3 March 2021].
Company, C.-C., 2011. What is in Coca-Cola, s.l.: s.n.
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