International Business Essay Example | Topics and Well Written Essays - 500 words - 25

International Business - Essay Example As the manager says, majority of the bottles are not originally made by the company. This reduces the cost of operations as they enter the new markets that make them to offer low priced products to the consumers hence attracting more sales than the competitors (Bradley, 2005). The company also uses well established names in the industry in form of franchising. This makes them to reduce the competition levels in the new acquisitions as the firm establishes on how to become stable in those economies. Coca cola also provides for joint ventures with the established firms. The firms are allowed to have substantial shares by contributing funds which provides the capital for investment and compete in the respective markets. From the strategies mentioned above, the company will offer reduced prices for the consumers and the forces of demand and supply will make us more prices reasonable in the market. While venturing onto the new countries, the organization ensured there was differentiation on the products (Bradley, 2005). This provided a wide consumer choice in the market that attracted more customers to our products increasing our sales on the respective countries. The company also provides unique products with unique logos that ensure customers do not confuse the organization products. The products are then taken through various promotional activities like in the media advertisements, open sales that are used to popularize the products in the market. Many nations do not allow free trade since they always wants to protect the local products. As a result we operate different distributions channels to ensure we exist all over the world. We recruit different organizations inform of franchised distribution channels. These firms are legalized and operate in our behalf to sale our products within the respective countries. There are also bottler firms who are situated in various countries (Bradley, 2005). To break the barriers, we