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The Coca cola Company (Essay Sample)

The firms in the DOW 30 are considered to be leaders in their industry. Let's take a closer look at the market structure in which your firm operates. Write a 2 page paper on the following questions: What type of market does your firm operate in? Does your organization operate as a monopoly? Compete in an oligopolistic competition? Is it in a perfectly competitive market? Explain your answer. Describe some of the specific characteristics of why you feel it belongs in that market structure. For instance, are there many firms in the industry. Who are their competitors? etc. What are the advantages and disadvantages of your organization being in the type of a competitive market as you described in (2) above? SLP Assignment Expectations: Use concepts from the modular background readings as well as any good quality resources you can find from the cyberlibrary or other internet search engines. Please be sure to cite all sources within the text and a reference list at the end of the paper. Length: 2 pages double spaced and typed The following items will be assessed in particular: Your ability to explain which type of market applies to your selected firm. Some in-text references to the modular background readings (APA formatting not required). The essay should address each element of the assignment. Remember to support your answers with solid references. source..
DOW 30: The Coca cola Company
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DOW 30: Coca cola Company
Dow 30 refers to a stock market stock index and other stock indices created by Charles Dow, the co-founder of Dow Jones & Company. Charles Dow is also the editor of the Wall Street Journal. There are about 30 stocks listed in the Dow stock market index. Among these are Alcoa, AM Express, Boeing, Coca cola and Cisco (CNBC, 2010). The firms in Dow 30 have been observed to be market leaders and highly successful in their relevant markets (Basic Economics, 2010). This paper takes a look at the market structure of the Coca Cola Company and identifies the type of market the firm operates in. the paper also seeks to describe some of the advantages and disadvantages of the firm operating in the type of market identified.
Coca Cola Company started in the year 1886 by the idea of John Pemberton. Working in Atlanta as a pharmacist, Pemberton got inspired by a very simple mind and curiosity (The Coca-Cola Company, 2010). The birth of the concept occurred when Pemberton stirred a fragrant which turned out to become a sort of liquid that assumed the color of caramel. He then took the idea to the pharmacy owned by Jacob in Atlanta where they put together the mixture from his fragrant with carbonated water. After the mixture was sampled by the customers, it was unanimously agreed that the drink was superior. Upon receiving acceptance, Jacob’s pharmacy put the drink on sale for a price of five cents per each glass. Today, Coca Cola is the world leading company in beverage sale (The Coca-Cola Company, 2010).
Coca-Cola products have always been enjoyed all over the globe since the company ha...
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