Определите, истинны (True) или ложны (False) следующие утверждения: 1. Coca-Cola owns the three best...

China market sales growth sparkling drinks non carbonated drinks competition.
0

определите, истинны (True) или ложны (False) следующие утверждения:

  1. Coca-Cola owns the three best selling sparking drinks in China.

  2. Coca-Cola makes more than a billion dollars in sales in China from each of these brands.

  3. China is Coca-Cola’s biggest overseas market.

  4. Coca-Cola’s aim is to sell more than four times as much in China as it does now.

  5. Coca-Cola’s sales in China have grown by nearly a fifth each year for the past five years.

  6. Coca-Cola until now has only sold Coke in China.

Образец выполнения:

  1. False

Coca-Cola already owns two of China’s three best- selling sparkling drinks but by 2020 it wants to have four more $1bn brands in what has become its third- largest market by revenue. The ambitious target reflects Coca-Cola’s confidence that its long-term plans to more than triple sales in China are secure both from domestic rivals and from potential political pitfalls.

Coca-Cola’s revenues have grown by a compound annual rate of 19 per cent over the past five years and it claims to be widening its lead over its rivals. It says it has double Pepsi-Cola’s total sales in China, supported in particular by its stronger presence in still drinks, water and juices. The company has also continued to expand its range of non-carbonated drinks where it competes with both local and international brands.

Coke and Sprite already each sell more than $1bn annually and Coca-Cola is forecasting that its Yuan Ye tea brand and its Ice Dew bottled water will also be $1bn China brands by 2020, in spite of facing strong competition from Taiwan’s Tingyi, which has about half the total ready-to-drink tea market.

“Everyone is walking around with Nikes, and drinking Coke, and wearing Oakleys,” says Doug Jackson, head of Coke’s China business unit.

avatar
задан 2 месяца назад

3 Ответа

0

  1. True

  2. True

  3. True

  4. True

  5. True

  6. False

Coca-Cola currently owns two of China's top-selling sparkling drinks and aims to have a total of six $1 billion brands by 2020. China is Coca-Cola's third-largest market by revenue, and the company's goal is to more than triple its sales in the country. Over the past five years, Coca-Cola's sales in China have grown by nearly a fifth each year, and the company is confident in its long-term plans for growth in the market. In addition to Coke and Sprite, Coca-Cola is forecasting that its Yuan Ye tea brand and Ice Dew bottled water will also become $1 billion brands in China by 2020. Despite facing competition, Coca-Cola is expanding its presence in non-carbonated drinks and continues to lead the market in several categories. The company's China business unit is focused on increasing market share and brand presence in the country.

avatar
ответил 2 месяца назад
0

  1. False
  2. True
  3. True
  4. True
  5. False
  6. False

avatar
ответил 2 месяца назад
0

  1. False

Coca-Cola already owns two of China’s three best-selling sparkling drinks, but not all three. The company's focus is on expanding its presence in China, as reflected in its plans to introduce more brands that reach the $1 billion sales mark.

  1. True

Coke and Sprite, two of Coca-Cola's brands, already generate more than $1 billion in sales annually in China. The company is also working towards making its Yuan Ye tea brand and Ice Dew bottled water $1 billion brands by 2020.

  1. False

China is Coca-Cola’s third-largest market by revenue, not the largest. This indicates that there are two other overseas markets where Coca-Cola generates more revenue.

  1. True

Coca-Cola’s aim to more than quadruple its sales in China is part of its ambitious long-term strategy. This goal indicates the company's confidence in the Chinese market and its potential for growth.

  1. True

Coca-Cola’s sales in China have grown by a compound annual rate of 19 percent over the past five years. This growth rate demonstrates the strong performance and increasing market penetration of Coca-Cola in China.

  1. False

While Coca-Cola is well-known for its Coke brand, it has expanded its product offerings in China to include a variety of non-carbonated drinks such as still drinks, water, and juices. The company competes with both local and international brands in these categories.

avatar
ответил 2 месяца назад

Ваш ответ

Вопросы по теме