Micro and macro environmental of COCA-COLA
Micro business environment is the internal environment of the organization and the main environment in which management functions. The micro environment affects the organization straight. Its most closely connected to the business .micro environment mainly reflects by strengths, weakness opportunities, threats (SWOT).
The SWOT analysis of Coca-Cola
Our coca cola company’s strength
Our company is the world’s famous and largest company
Strong marketing and adverting of our company products
Corporate social responsibility in country
One of the most prized companies in the world
Coca Cola Company has a huge market share in the world market.
Coca Cola Company has several brand loyal
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And the control by the government would be on the regulations for purposes of manufacture of their products. Regulatory changes which would lead to change in processes like accounting, tax calculations and laws which are related to environment be it domestic or of a foreign country. These are the some of the political factors of Coca-Cola
Changes in laws and regulations
Changes in non-alcoholic business era
Political conditions, specifically in international markets
Ability to penetrate emerging and developing markets
Economic
During the decline of 2001, the US government took violent actions to turn the economy around by 2002. Coca-Cola took a note of this, and realized that loan interest rates would likely increase as the economy returned. As a result, they took out low-cost loans in 2001 to fund growth in 2002. They used the loans for research and develoment on new products to capitalize on in a strong 2002 economy. Currently, as global growth is slowing, Coca-Cola may be watching for a similar opportunity.
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And these are the threats of new entrants
Advertising and marketing
Customer loyalty
Retail distribution
Fear of retaliation
Bottling network
Supplier bargaining power
The bargaining power of suppliers is also defined as the market of inputs. Suppliers bargaining power influence the cost of the product.
Power is payable to high brand image
The individual buyer no pressure on Coca-Cola
Majority of the population prefers soft drinks therefore buying power is higher
Brand loyalty need to time development
Segment rivalry between industry competitors
The competitors of coca cola are
Pepsi
kik cola
other brands
Threats of substitute products
Other new product keep coming the markets
Price performance
Water with gas
Customers bargaining power
Lot of choice between different brands
Equal price so coca cola needs to have the superior quality
Consumers are brand loyal to the company product
Market Segmentation of coca cola
Our coca cola company has segmented customer according to some categories as stated below
Geographic