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Cola Wars Continue: Coke and Pepsi in 2006
Essay specific features
Written by:
Hiram W
Date added:
April 1, 2016
Level:
University
Grade:
No of pages / words:
4 / 869
Was viewed:
826 times
Rating of current essay:
Essay content:
Fueling this growth were the increasing availability of CSD, the introduction of diet and flavored varieties, and brand extensions. There is couple of reasons why the industry is so profitable such as market share, availability and diversity and brand name and world class marketing.
? Coke and Pepsi have created an oligopoly that controls more than three-fourths of the entire industry...
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This insures little price competition, barriers to entry, and power to negotiate prices as well as distribution contracts that favourably affect their bottom lines.
? Soft drinks and snack foods are widely available and conveniently packaged. This contributes to profitability by increasing consumption which leads to greater sales and profits...
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