- Determine how each corporate culture differs from the other. Coca Cola stands for tradition, maintaining the communication line with its customers on this idea – the old American happy family, gathered around a table which always has a bottle of Coca Cola on it, to be served with the food. Pepsi represents “the choice of a new generation”, being modern, illustrating kids having fun with their peers, enjoying who they are, expressing their liberty through dancing in the streets. Pepsi gained a lot of popularity when it brought Michael Jackson to be the image and the voice of this brand. People immediately ...
Essays on Cola Wars
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Report on Cola Wars
The Race to the Top Continues Description of Case Situation The carbonated soda drink industry is a $74 billion industry dominated by two mega giants namely Coca-Cola and Pepsi. Before turning into beverage empires, these two companies started as a mere concoction dedicated as medicinal reliefs as both CSD’s are invented by pharmacists. Soon, after a century of battling it out to earn the biggest share in the market, Coke and Pepsi still haven’t been able to settle the score between them. The brands became a household name from the time it hit the soda fountain arena until the ...
Introduction
Basing on history, in a period of over one hundred years ago, Coke and Pepsi have been competing to have a substantial share of the world’s beverage market. The strongest battle in this market or what is referred to as “the cola wars” was seen in the fight for the seventy four billion U.S dollar CSD industry in the U.S (Yoffie and Kim 1).In a cautiously waged competitive fight that took place in a period starting from the year 1975 up to the middle of the 1990s, Coke as well as Pepsi obtained average annual income growth of about ten percent, ...