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Coca-Cola, or Coke, is a carbonated soft drink manufactured by The Coca-Cola Company. Originally marketed as a temperance drink and intended as a patent medicine, it was invented in the late 19th century by John Stith Pemberton and was bought out by businessman Asa Griggs Candler.Analyse Coca-Cola’s business environment using the Five Forces framework. You should use as much of the following information as possible in your analysis. Do NOT make your own assumptions.There are many kinds of energy drinks/juice products in the market. Coca-Cola does not really have an entirely unique flavour in relation to other beverages.Currently, the main competitor of Coca-Cola is Pepsi. Pepsi is an immensely popular brand in the market as well. In a blind taste test, consumers are unable to tell the difference between Coca-Cola and Pepsi.There are no consumer switching costs in the beverage industry, and capital requirements are low.The main ingredients for Coca-Cola include carbonated water, phosphoric acid, sweetener, coca leaves, and kola nuts (a source of caffeine). There are many suppliers of these ingredients and the Coca-Cola Company is likely the largest customer of any of these suppliers.Coca-Cola is seen not only as a beverage but also as an established brand. It has held a very significant market share for a long time and loyal customers are not very likely to try a new brand.Customers who buy Coca-Cola are mainly individual consumers.Coca-Cola is also stocked by large retailers like Woolworths and Coles, who tend to order in bulk. Due to end consumer loyalty, they cannot afford to leave Coca-Cola off their shelves.3a. Please create a table for Porter’s 5 forces Analysis with three columns: (1) Force, (2) Market Players, (3) Influence/Position3b. Based on your Five Forces analysis above, state and justify a strategy that Coca-Cola should adopt in its current industry.
 
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The following frequency distribution reports the number of frequent flier miles, reported in thousands, for employees of Brumley Statistical Consulting Inc. during the most recent quarter:

Frequent
Flier Miles
(thousands)
Number of Employees
0 to under 4 5
4 to under 8 14
8 to under 12 27
12 to under 16 13
16 to under 20

4

Total

63

a. How many employees were studied?

b. What is the midpoint of the first class? (Round the final answer to 1 decimal place.)

thousand miles

c. Not available in Connect.

d. A frequency polygon is to be drawn. What are the coordinates of the plot for the third class? (Round the final x value to 1 decimal place and y value to whole number.)

x = , y =

e. Not available in Connect.

f. Interpret the frequent flier miles.

Most between (Click to select) 12000-16000 16000-20000 8000-12000 0-4000 4000-8000 , even spread on both sides.

A city roads department is conducting a study to determine the number of cars that use a particular intersection. Community residents have requested a set of lights at the intersection and claim it is busy enough to warrant the expense. The table below summarizes the number of vehicles that pass through the intersection per hour during a 12 hour period. Choose the option that best describes this data

Cars per hour
14 50 66
29 31 54
82 10 48
78 6 33
65 11 21

Multiple Choice

  • Quantitative and discrete

  • Quantitative and continuous

  • Qualitative and discrete

  • Qualitative and continuous

 
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Question 1

An agent listed a property for $600,000 using the MLS and scheduled a showing for an open house Sunday afternoon. The property received lots of foot traffic and the agent ran out of sales sheets as a result. Near the end of the day, the listing agent noticed a very expensive car approach the open house and jumped at the opportunity to pitch a sale to this potential buyer. In an attempt to obtain the highest price, the agent gave a new sales price of $800,000 in a verbal description. The agent is guilty of

A – steering.

B – conciliation.

C – violating Civil Rights.

D – violating advertising guidelines.

Question 2

When the seller lacks knowledge of an item on the property condition disclosure, the listing agent should

A – provide an implied warranty instead.

B – waive all inspections.

C – complete the form for the client.

D – notify the buyer’s agent.

 
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Sketch a supply curve graph illustrating a student’s willingness to offer tutoring services. e student, call her Lena, is willing to tutor for three hours per week if she receives $10/hour. If Lena receives $15 per hour, she is willing to tutor for five hours per week. If she can charge $20 per hour, she would tutor for seven hours per week. Lastly, if Lena receives $25 per hour, she is willing to tutor for nine hours per week. Carefully label the vertical and horizontal axes. Then describe one situation that would increase Lena’s supply of tutoring services, and one situation that would decrease Lena’s tutoring supply.

 
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