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Political stability: The reason why Coca-Cola, one of the world's leading beverage companies, chose Vietnam is because it is a country with a stable political background, a civilized country, and always open to international friends. Along with that, the government has introduced a lot of tax policies to help businesses feel secure in their development, production and market expansion in Vietnam.
ECONOMIC factors: Factors of the economic environment that need to be considered and assessed include monetary policy, fiscal policy, business cycle, growth rate, inflation, interest rates, exchange rate, etc. These factors greatly affect the operation and decision-making of enterprises. …. EFE matrix: Despite being the world's leading beverage company, but Coca-Cola Vietnam, however, the total score of the company only reached 3.02. With this average score, the company is doing quite well. However, if the opportunities are better taken advantage of and the threats are thoroughly minimized, the Coca- Cola company can grow even stronger. IFE matrix: Coca-cola company has the following main strengths such as working with customers to buy many times, leading the market with the highest market share, trading strong brands to diversify. Due to the diversification, the company earned 'huge' revenue. Other strengths are assessed as 3. The company has earned 1.5 billion dollars through media appearances through events such as World Cup, Coke Studio, etc. Although the business has limited the outstanding issues, it has
not been specifically resolved. Coke's ads have only appeared in the city, not focusing on rural areas. The IFE weighted score of 2.28 near 2.0 (average) means that the company has a good internal position and still needs to improve to achieve the optimal score of 4 (outperform). SWOT analysis introduction: SWOT analysis is a framework used to evaluate a company's competitive position and to develop strategic planning. SWOT analysis assesses internal and external factors, as well as current and future potential. A SWOT analysis is a compilation of your company's strengths, weaknesses, opportunities and threats. In details, they are….. Interrelationship of strengths and weaknesses with external macro factors: There are interrelationships between internal factors, which are strengths and weaknesses, and external macro factors, which are opportunities and threats. Conclusion: In general, the Vietnamese beverage market is very potential for Coca-Cola Vietnam. Through the above analysis, we can see the importance of Macro and Micro environment for businesses, so all factors are necessary for Coca-Cola Vietnam to consider when entering this market.