I. HISTORY OF COCA-COLA
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oca-Cola was invented in May 1886 by Dr. John S. Pemberton in Atlanta, Georgia. The name Coca-Cola was suggested by Dr. Pembertons bookkeeper, Frank Robinson. He penned the name Coca-Cola in the flowing script that is famous today. Coca-Cola was first sold as a soda fountain beverage in 1886 change for five cents a glass in Jacobs Pharmacy in Atlanta by Willis Venable. Early growth was impressive, but it was moreover when a strong bottling system developed that Coca-Cola became the world-famous brand it is today. Today, products of the Coca-Cola lodge are consumed at the rate of more than one trillion drinks per day.
During the first year, sales of Coca-Cola averaged nine drinks a day, adding up to match sales for that year of $50. Since the years expenses were just over $70, Dr. Pemberton took a loss.
1900-1909⦠quick growth
The three pioneer bottlers divided the country into territories and sold bottling rights to topical anaesthetic entrepreneurs. Their efforts were boosted by major progress in bottling technology, which improved power and product quality. By 1909, nearly 400 Coca-Cola bottling plants were operating, most of them family-owned businesses. some were open only during hot-weather months when demand was high.
1920s and 30s⦠International expansion
conduct by Robert W. Woodruff, chief executive officer and chairman of the Board, the caller-up began a major push to establish bottling operations outdoor(a) the U.S. Plants were opened in France, Guatemala, Honduras, Mexico, Belgium, Italy and South Africa. By the time populace War II began, Coca-Cola was being bottled in 44 countries.
nineties⦠New and growing markets
Political and economic changes opened vast markets that were closed or underdeveloped for decades. After the fall of the Berlin Wall, the confederation invested heavily to build plants in Eastern Europe. As the degree centigrade closed, more than $1.5 billion was committed to new bottling...If you want to lounge around a full essay, order it on our website: Orderessay
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