The dilemma of Coca-Cola and its transformation

Authors

  • Yuewen Song

DOI:

https://doi.org/10.54691/bcpbm.v37i.3588

Keywords:

Coca-Cola; SWOT; Dilemma; Transformation; Strategy

Abstract

With the progress of society, people pay more and more attention to health. The sugar water that swept the world in the past: Coca-Cola's status is not as good as it used to be. In other words, carbonated drinks are not as popular as they used to be. Coca-Cola also faces competition from its peers, such as monster, Pepsi and Nestle and also new and creative companies. Based on the financial report data of Coca-Cola in recent years, the SWOT analysis method is used to study the current situation and the possibility of future development of Coca-Cola. The study found that Coca-Cola still has the possibility of transformation, the dilemma it faces still has solutions, that is, change the core from ‘happiness to health’ and change people’s stereotype that Coca-Cola company’s products are all sugar water. What’s more, utilize Coca-Cola’s strong financial strength to adopt some necessary strategies to defeat other competitors.

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Published

2023-02-01

How to Cite

Song, Y. (2023). The dilemma of Coca-Cola and its transformation. BCP Business & Management, 37, 373-379. https://doi.org/10.54691/bcpbm.v37i.3588