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Pages:
2 pages/β‰ˆ550 words
Sources:
No Sources
Style:
APA
Subject:
Business & Marketing
Type:
Other (Not Listed)
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
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Topic:

Key Marketing Challenges for Coca-Cola in the Years to Come

Other (Not Listed) Instructions:

Purpose:
The purpose of this assignment is to understand the critical marketing issues of a 100 year old+ company with an iconic brand, Coca Cola.
Background:
Coca Cola is a 130 year old total beverage company with 200 brands today. They have over 700,000 employees and bottling partners and operate in over 200 countries.
Instructions:
Research the company Coca Cola, how it has evolved over 130 years write an executive memo to the Board of Directors of what you have researched as the key marketing challenges for the company in the next five years. This assignment is limited to 600 words.
Writng Guide:
Overview: Provide a summary or overview of the main challenges to the company and why actions are needed.
In the following paragraphs provide additional detail on the challenges you have introduced, one paragraph per challenge identified.
List your recommended actions which can be bulleted (optional).
Close: Succinctly summarize the challenges and actions in a closing one or two sentences.
DO NOT use the words "Overview" or "Close" in the memo itself. Use the following written format:
Format:
Date: [current date]
To: Coca Cola Board of Directors
From: [Your name}
Subject: [concise statement of the memo's topic]
Other Formatting:
Organization. Use the outlined organization format above.
Research. Use secondary source information for researching this assignment: news articles, business, academic & trade journals, organization/firm websites for this assignment. Do NOT use Wikipedia or an encyclopedia for a source.
Citations. Use APA or MLA styles to properly reference citations (footnotes are acceptable but they do not replace the need for a reference section at the end of each written assignment). You must include either parenthetical citations or footnotes within the text of the assignment anytime you draw on a particular source for information.
Word limit. Limit the assignment to 600 words and include the word count at the end of the assignment, before the references, e.g. Word Count = ____/600
First or Second Person Voice. In this assignment, you can use the first person voice ("I", "we", "our") or second person voice ("you") because this is personal business communciation.
Page Numbers. Insert page numbers into the assignment.

Other (Not Listed) Sample Content Preview:
Date: November 12, 2022
To: Coca-Cola Board of Directors
From: [Your name]
Subject: Key Marketing Challenges for Coca-Cola in the Next Five Years
Coca-Cola's historic success, while laudable, does not guarantee its continued market dominance. The company must take strategic measures to address its current challenges. Key challenges such as shifting consumer preferences, intensifying competition, and growing health and environmental concerns must be considered if the company hopes to continue its market dominance. Additionally, Coca-Cola's over-reliance on the North American market and the rapidly changing digital marketing landscape present further obstacles. Successfully navigating these challenges will be critical for Coca-Cola in the years to come.
Coca-Cola is undoubtedly confronting a complex challenge as it navigates the impact of health-conscious consumer behavior on its core business. The company's success will hinge on its ability to evolve alongside the market, with innovation playing a critical role. Coca-Cola needs to respond proactively to these changes by diversifying its product portfolio to include healthier alternatives and demonstrating its commitment to responsible consumption through strategic messaging.
Moreover, another pressing concern for Coca-Cola is consumers' evolving tastes and preferences. With increasing public concern over health and wellness, the adverse health effects of sugar-sweetened beverages have become an increasingly prominent issue. As a result, soft drink consumption has declined markedly, and this trend does not appear to be abating. To remain competitive, Coca-Cola must prioritize innovation within its product line, including developing healthier alternatives with reduced sugar, fewer calories, or no sugar at all.
While Coca-Cola is undoubtedly a global brand, its over-reliance on the North American market is a pressing concern. Generating 40% of its revenue from this region leaves the company vulnerable to market shifts or economic downturn...
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