Analysis of the Coca Cola Company Essay -- Businesses Coca Cola Market

Analysis of the Coca Cola Company History "Coca-Cola enterprises Incorporated, employees 66,199 operates, 444 facilities, 47,235 vehicles, 1.9 million pieces of cold drink equipment and sold 3.8billion unit cases in 46 states in the united states, all 10 provinces of Canada and portions of Europe including Belgium, France, Great Britain, Luxembourg and the Netherlands" (Coca-Cola facts 99). An, Atlanta Pharmacist Dr. John Slyth Pemberton founded Coca-Cola on May 8, 1886. The carmel colored ingredients, Coca leaves and kola nuts. Later the drink was striped of narcotics. The drink was first designed as a drug that will help people feel better. Pemberton sold his new drink for 5 cents a glass. Some time later carbonated water was added to the syrup and that is how Coca-Cola was invented. Dr. Pemberton sold Coca-Cola out of the pharmacy he worked at. The pharmacy was owned by, a man named Frank M. Robinson. Robinson suggested "Coca-Cola" as a name for Pemberton's drink. The two men took an old oilcloth sing and hung it in the window saying "Drink Coca-Cola". They averaged nine glasses sold a day. In 1886 Pemberton became sick he sold some of his portions of his interest too Asa G. Candler. In 1888 Pemberton died, and Asa Candler began buying all the out standing shares of Coca-Cola. Candler was and Atlanta druggist and businessman. Candler knew Coke was going to be something big. He then had complete control by 1891 for $2,300. In 1892, Candler and his brother John Candler, Frank Robinson and two other associates formed "Coca-Cola Company" in Georgia. Candler was a master at marketing. He handed out coupons for one free glass of Coca-Cola. He also promoted the beverage by painted walls, Clocks, outdoor posters, serving trays and fountain urns. Candler marketing stragety worked Coke was available everywhere. The sales took off. People started calling Coca-Cola "Coke" They urged the customers to call it by its full name, but "Coke" just stuck. "In 1894, the company opened its first syrup manufacturi ng plant outside Atlanta in Dallas Texas. The following year plants opened in Chicago and Los Angeles. Three years after the Coca-Cola Company's incorporation Candler announced in the annual report: "Coca-Cola in the now drunk in every state and territory in the United States" (History of Coca-Cola Company). Joseph A. Biedenharn, of Vicksburg, Mississippi installed ... ...ola's target areas are grocery stores, recreational areas, shops, malls and sporting events. The mass of distribution to cus Bibliography Bibliography Associated Press. "Coca-Cola Recalls More Tainted Drinks." Boston Globe [CD-ROM], 3 July 1999, National/Foreign Section, p. A4. Available: BOSTON GLOBE File: 631. Coca-Cola Enterprises, Inc. "Facts 1999." Atlanta: Coca-Cola Enterprises, Inc., 1999. "Coca-Cola's Global Dominance." https://www.wiley.com:8082/schermerhorn/ oc/page01.htm (13 Oct. 1999). "Coke Insider." Investors Business Daily. Mahoney, Ed. Distribution Manager for Coca-Cola Enterprises. Group Interview. 4 November 1999. Pendergrast, Mark. For God, Country, and Coca-Cola. New York, N.Y.: Charles Scribner's Son Publishing Co., 1993. The Coca-Cola Company. "Facts, Figures, and Features." Atlanta: The Coca-Cola Company, 1996. "The Coca-Cola Company Overview." Hoover's Company Profiles. wysiwyg:// bodyframe.14/http://ehostweb14.epnet.com/fulltext.asp (23 Sept. 1999). "The Coca-Cola Company." Profiles. http://www.coca-colacompany.com/ world/world.html (10 Nov. 1999). The Coca-Cola Company. "The Chronicle of Coca- Cola: Since 1886." Atlanta: The Coca-Cola Company, 1950.

Business Law †Case Study Essay

A.Known Facts John wanted to extend his house and built an office from there. He approached Sue after locating an advertisement from the Yellow Pages. As Sue’s price did not seem reasonable, John then approached Drawit Pty Ltd, which charged a hundred dollar less. John paid a deposit. Later, John went to Franks Hardware and Timber Yard. He made known to Frank, the sole proprietor, the purpose and requirement of the materials and placed an order. John signed a standard form contract and paid a deposit. Two months later, problems arose which caused John to delay his business. John incurred financial losses. B.IDENTIFYING THE ISSUES 1.0CONTRACT BETWEEN JOHN & FRANK. It is obvious that there is a contract for the sales of goods between Frank and John. Therefore, terms implied by statute into the sales of goods will only be relevant here. 1.1Is it a consumer or non-consumer contract? Here, we need to consider the definitions of consumer both under Trade Practices Act (TPA) and Goods Act Part IV (GA-IV). As the total price of the goods is $20,500, it is under the TPA s4B(1) (a)(i) prescribed limit. Having satisfied this, we need to consider s4B(1) (a)(iii). There is no evidence showing that John had acquired the goods for the purpose of re-supply or transform them. It might be a consumer contract under TPA. $20,500 exceeds the threshold amount under GA-IV s85(1) (a). John then needs to satisfy s85(1) (b). His materials were of a kind that is ordinarily  acquired for personal consumption. Moreover, s85(1) (c) and (d) did not apply. Therefore, it might also be a consumer contract within s85 of the GA. A consumer contract subjects either to TPA or GA-IV means that Goods Act Part I do not apply. 1.2 TPA or GA-IV? A seller must be a corporation to be under the TPA. As Frank Hardware is a sole proprietor, it therefore is not subjected to the TPA. It then must fall under GA-IV. GA-IV applies to all consumer contracts for the sale of goods that take place in the course of business, irrespective of whether the seller is a corporation, a partnership or a sole trader. 1.3What are the Implied terms that are breached? (i)GA-IV s(90) Fitness for particular purposes John had a contract with Frank for the supply of materials and the sale took place in the course of a business. John made known the purpose for which the goods were required and had relied on his skill and judgement in choosing the appropriate materials. It was also reasonable for John to rely on Frank. Therefore, there is an implied condition that the materials supplied be fit for that particular purpose. However, the materials were not of the purpose for which it was supplied. This implied term had been breached. (ii)GA-IV s(89) Merchantable quality As the materials were sold in the course of a business, there is an implied condition that the materials be fit for their normal purpose(s) having regarded the price. When the materials were delivered, the pine is not limed and the oregon beams  have unsightly knots. John was not aware of the defect before the sale and if John had inspected the materials before sale it would not have revealed the defect. This is because John did not know that he actually had to lime the pine himself and the knots on the beams might not be easily seen. Therefore, there is evidence that this implied term had been breached. 1.4What is the effect of exclusion clause? As the materials bought by John is a kind normally acquired for personal consumption, Frank cannot rely on the exclusion clause to exclude his liability. This is evidenced by GA-IV s95(1). 1.5What are the remedies available? John can terminate the contract and sue for damages. This means that he may return the materials and receive a refund. However, the goods must be returned as provided by s99 that as long as the defect becomes apparent within a reasonable time after delivery, the goods may be returned within reasonable time after discovering the defect. John may also receive compensation for losses caused by the breach of implied terms. 2.0CONTRACT BETWEEN JOHN & SUE. 2.1Offer or Invitation to Treat? First, we need to distinguish offer from invitation to treat. An invitation to treat is an invitation to others to make an offer. Generally, an advertisement amounts to an invitation to treat. This is held in Partridge V Crittenden [1968] 2 All ER 421, where Sue will be inviting John to make an offer. However, there is an exception. An advertisement can also be an offer. This can be illustrated in Carlill V Carbolic Smoke Ball Co [1893] 1 QB 256 in which Sue might probably argue that it was an offer. This being the case, Sue is the offeror will stressed that the offer was assumed to be accepted  by John upon saying â€Å" I think that’ll be okay †. An offer, once accepted, cannot be revoked. Therefore there will be a binding contract. Assuming that it is an offer, it can either be a counter offer or a mere request for more information. 2.2Counter Offer or Mere Request for More Information? An offer will be rejected if there is a counter offer. A counter offer tampers with the original condition of the offer, it rejects the original offer and can no longer be accepted at later date. Looking at the words used in John’s reply â€Å" I hadn’t expect it to be so high †, it is possible that this was either an acceptance with a request for more information, or a counter-offer. If the court found the facts here sufficiently similar to those in Stevenson Jacques V McLean (1880) 5 QBD 346, it could hold that the words were a mere request for information. This being the case, the offer remains open and can be accepted. Another alternative is that the court might hold that John’s reply amounts to a counter offer as it seems to add new terms to the offer. This would be similar to Hyde V Wrench (1840) 3 Beav 334, in which the counter offer involved a reduction in price. As in that case, the counter offer made by John had the effect of destroying the original offer made by Sue. Sue is then free to accept or reject this counter offer. Sue, by quoting the price of $1500, clearly shows that she had accepted the counter offer and made a new offer. It is now up to John, the offeree, to accept or reject the offer. 2.3Acceptance or Rejection? Sue could rely on the fact that the mode of communication is instantaneous, i.e. a telephone conversation. She will argue that John’s response over the phone is assumed to be an acceptance to the new offer. This forms a contract in which she can argue that it had been breached. REMEDIES FOR SUE (Damages) However, John can argue that there was no contract because his response failed to satisfy the rule that an acceptance must be absolute and unqualified. In fact, it’s a statement of his opinion of what he thought and therefore he reserved the right to change his mind. An offer, which had not been accepted, does not form a contract. Therefore there is no breach of contract and that he did not have to pay the pro rata amount requested by Sue. REMEDIES FOR JOHN (Do not have to pay) Having considered both sides of the argument, it is more likely that there is a contract between John and Sue. And that it is a breach in which John had to pay. 3.0 CONTRACT BETWEEN JOHN AND DRAWIT. It is clear that there is a service contract in which Drawit is to provide a plan for John. Due to the fact that terms implied under Statute only apply to consumer contracts, we need to determine if one exists in order to enforce the implied terms. 3.1Is it a consumer contract? To illustrate whether it is a consumer contract, we need to compare the definition of consumer under Trade Practices Act (TPA) and Goods Act Part IV (GA-IV). s4B(b) (i) of the TPA required that price of the service be less that $40,000. If it exceeds that amount, it must be a kind ordinary acquired for personal use. s85(a) of the GA-IV restricted that amount to be under $20,000. Similarly, if exceeds that prescribed amount, it must be for  personal consumption. Given the service price of $1,400 and that John had acquired it for personal use, it is obvious that it falls under both the TPA and GA-IV. Therefore we know that there is a consumer contract. We then need to identify which of the Acts it falls into. 3.2TPA or GA-IV? TPA probably applies because there is evidence that Drawit is a corporation. This can be recognised by the ‘Pty Ltd’ in Drawits’s company name. Having recognised that it subjects to TPA, it is obvious that GA-IV does not apply. 3.3What are the Implied Warranties that have been breached? As Drawit provide the similar service as Sue, we assumed that John had also made know the purpose for which the plan was required and that relied on the seller’s skills to perform the service. (i)TPA s74(1) Due and skills Drawit supplied the services in the course of a business, so there is an implied warranty that the service will be rendered with due care and skill. The material supplied (plan) in connection with the service must also be fit for the purpose for which they are supplied. It is obvious that Drawit had breached this implied warranty because the material supplied was not fit for the purpose, i.e. it did not meet the Council’s standards. (ii)TPA s74(2) Fitness for particular purposes Applying our assumption that John had made known to Drawit his requirements for which the services were required and that Drawit had supplied the service in the course of a business. There is an implied warranty that the  service and the materials supplied in connection of the service will be reasonably fit for that purpose and that it is reasonable for John in that circumstances to rely on Drawit’s skill. The plan did not meet the Council’s requirement. This shows that it did not fit the purpose for which the services were required. Therefore there is a breach of this warranty. 3.4Can the implied terms be excluded? As the service provided is of a type ordinarily acquired for personal domestic or household use. Under s68 of TPA, Drawit cannot exclude or limit the implied warranties. 3.5What are the remedies that are available? John can terminate the contract and sue for damages. This means that he could get a refund for the services and also receive compensation for the losses caused by the breached of the implied terms.

The Impact Of Globalization On The Environment - 1555 Words

It is widely accepted today that human influence since the advent of the industrial revolution has rapidly increased the negative changes in the Earth s environment.1 In the modern era, the processes and effects of the forces of globalisation can be seen to be exacerbating the problem of environmental decline exponentially. For the purposes of this essay, globalisation can be defined as â€Å"the increased interconnectedness and interdependance of peoples and countries†, involving â€Å"...the opening of borders to increasingly fast flows of goods, services, finance, people and ideas across international borders; and the changes in institutional and policy regimes at the international and national levels that facilitate or promote such flows†.2 As shall be shown, the effects on the environment caused by these processes affect all inhabitants of the planet, superseding the jurisdiction of national sovereignty and necessitating the intervention of supranational organisati ons such as the UN in order to mitigate their consequences. The global environment on which we all rely can be considered part of the global commons, defined as â€Å"resource domains or areas that lie outside of the political reach of any one nation State†.3 Consequently, environmental problems frequently transcend both national borders and the capacity of the nation state to contend with them.4 Therefore threats to the environment can be understood in terms of Ulrich Beck s conception of risk societies , whereinShow MoreRelatedGlobalization And Its Impact On Environment1380 Words   |  6 Pages2002). Globalisation has affected various nations in a different way such as Economically, Socially and politically. Globalization helps to increases an International Trade, mainly creation of new trade treaty between the developing and developed countries. Globalization binds nations together (Tverberg, G., 2013). The most important thing of globalization is impact on environment is that, there is an improvement on use of resources and aw areness. There is a worldwide market for the companies andRead MoreImpact Of Globalization On The Environment1750 Words   |  7 Pagesresistance, as anxiety-coping mechanisms, and as networks of solidarity and community (Karner et. al, 2004). The impact globalisation has had upon local religious practices is exemplified by the Batek people of the Peninsular Malaysia, a small population of 1,500 people, whose religion is deeply embedded in their local environment, and processes of globalisation have transformed that environment radically. Hence, as a result of globalisation the importance of geographical spaces, both in the past and theRead MoreImpact Of Globalization On The Business Environment1732 Words   |  7 PagesGlobalization has created a great amount of advantages and disadvantages for businesses of all different varieties. International business relationships have allowed companies to operate more efficiently by moving manufacturing to foreign nations that offer cheape r labor (Petri, 1991). Additionally, the business environment is greatly impacted by global forces that may put organizations at a disadvantage (Lowe McCrohan, 1989). When companies operate on a global level, they are expected to respondRead MoreThe Impact Of Globalization On The Business Environment1356 Words   |  6 Pagesbusiness operational environment is now characterized by high volatilities and uncertainties than it ever had. Globalization has become the order of the day and a reality to all players both on the domestic and international scene. Those firms that has become oblivious of the global economy are destined to the archives of business history. Corporate strategist are kept busy constructing and coining new strategies to cope with the changing environment. The business environment has become increasinglyRead MoreImpact Of Globalization On Business Environment1713 Words   |  7 Pagesthat greatly impact the continual success of a business. More so we live in era where these changes are only accelerating increasing uncertainty and the growing complexity of the business world. Economic power continues to shift eastward and different markets and trade linkages are emerging causing the boundaries between industry and sectors to blurring. Discontinuities and megatrends are an inherent part of today’s business environment and it is important the businesses assess the impact of both theseRead MoreImpact Of Globalization On The Business Environment2094 Words   |  9 Pagesin one corner of the world affects what happens in the rest of the world. Doing business is no more limited to just national borders. Joint ventures, international consumers/customers and global supply chains are gradually changing the business environment. Previous studies in international business have described the internationalization process of an organization as the path it takes to increase its presence internationally (Welch and Luoustarinen, 1988). Herman, (2008) referred to internationalizationRead MoreImpact Of Globalization On The International Security Environment954 Words   |  4 PagesGlobalization Without question, globalization has had an impact on the international security environment. More than ever before, nation-states are able to communicate, trade and war with other countries with unprecedented speed. Yet, even in a globalized system, traditional security theories are still valid. Globalization has played an undisputed role in giving non-state actors, nongovernmental organizations (NGOs) and intergovernmental organizations (IGOs) a voice in the international securityRead MoreThe Impact Of Globalization On The Workplace Environments Of Different Cultures Essay1710 Words   |  7 Pages Under current United States law, â€Å"a work environment is considered discriminatory only if it is pervasively hostile or abusive† (Green 658). Thus, judgements based on looks are completely tolerated, as aesthetic discrimination is arguably not abusive. Iranian scholar Zahra Ghordati notes in her recent publication, â€Å"The Influence of Globalization on ‘Lookism’ in Workplace Environments of Different Cultures†, that â€Å"individuals should be free to discriminate on the basis of their own values. This meansRead MoreImpact Of Globalization On The Communities Of Persons And Environments1912 Words   |  8 Pagessourcing pursued with a social purpose† to effect change for communities of persons and environments in need of preservation (Theroux, 1993, p.7). Their financial giving was at the highest level realized by â€Å"any U.S. public company† (Theroux, 1993, p.8). By operating the business in a way which valued the contributions of em ployees at every level and supported all employees (Theroux, 1993, p.8). The main differentiating factor was that the brand valued social steward as highly as it did financialRead MoreImpact of Globalization on Sme with Respect to Tanzanian Environment9022 Words   |  37 Pagesbe an enormous shift of economic power from today’s rich countries to what are still labeled DCs, and especially to Asian DCs This shift is the likely result of the ongoing globalization of economic activities, i.e. the increasing worldwide integration of markets for goods, capital and, last not least, labour. Globalization refers to an evolving pattern of cross-border activities of firms involving international investment, trade and cooperation for purposes of product development, production and