Coca Cola
Coke is the world's largest manufacturer, distributor, and marketer of soft drink concentrates and syrups in the world. The company currently sells its products in over 200 countries. Coke sells more than 1 billion of the 48 billion drinks consumed worldwide everyday. The companies worldwide businesses are broken down into: the North America Group, the Africa Group, the Greater Europe Group, the Latin America Group, the Middle & Far East Group, and Corporate. Operating income from each region for 1997 through 1999 was: North America Africa Europe Latin America East Coke's extensive product line includes: Sprite, Mr. Pibb, Mellow Yellow, TAB, Fresca, Barq's Root Beer, Surge, Citra, Powerade, Fruitopia, Minute Maid, Dansai, and ready to drink coffees. They also have partnerships with Barcardi, Nestle, and most recently (Feb. 21) Procter & Gamble. In the year 2000 the company underwent a major organizational realignment that placed more responsibility and resources in the hands of local business units worldwide. The realignment reduced local inventory levels to an "optimal" amount and lowered revenue expectations for t
The 1999 Annual Report estimates Coke's dividend payout ratio to be 65% and states that the company plans to reduce it to 30% over time, which is approximately what it was in 1997.
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Approximate Word count = 851
Approximate Pages = 3 (250 words per page double spaced)
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