Mathematics helps counting. It helps measuring. It helps comparing things. Addition, subtraction, multiplication and divisions are the basic operations of the mathematics, through which we can define and develop many more operations suiting our practical situation. Some people describe mathematics more of a language in which every symbol and every combination has precise meaning which can be determined by application of logical rules.
The product Pepsi has come to be one of the world best known soft drink over the years, and one of the most loved. As time passed PepsiCo the manufacturers of Pepsi has continued to produce different products that varies in taste, shapes, sizes, and packaging. Price; This is the second element of the marketing mix, which is more or less about offering products with reasonable/ affordable parices . The price strategy of Pepsi may be seriously affected by its collaboration with Walmart whose low price strategies may cause PepsiCo hold down prices. Expenses incurred from transporting the goods from one place to another, ingredients and labour continuously pressures the industry towards increment in prices of the goods.
Therefore we would expect that the demand for both Coke and Pepsi is similar. However, Coca-Cola has the lead in this industry, Coca-Cola outsells Pepsi Cola by around five to six times in the whole cola market. The two firms have had an interesting past and during the great depression from 1922 to 133 in three different occasions Coke has been offered the opportunity to buy Pepsi, but they have declined every time. However, since then there has existed a lot of competition between both kola producers. They compete by spending billions of dollars on advertising, celebrity endorsements, and slogan campaigns.
Coke and Pepsi are the two of the most influential brands of beverages in the world. These two industry leaders make up a total market share of over 70% in the carbonated soft drink arena. According to research, Coke’s market measure is over 40% while Pepsi trails at a market share of over 30%("Coke Vs. Pepsi: By The Numbers," 2014). In the beginning, Coca Cola accounted for about 80% market share, while Pepsi had a 20% market share. Both the companies have been exemplified immense longevity for decades.
Coca-Cola vs. Pepsi Over time there has been many businesses that have mirrored each other, whether it is vehicles, electronics, or clothing. Despite the product that was being sold, for the most part these businesses share a plethora of marketing and advertising techniques, as well as financial profit and overall pop culture impact. Some of these different businesses gain somewhat of a cult following that pit consumers against each other, debating on which product is better despite how similar they really are. What causes this is the way each product is marketed and how the business portrays itself to their target demographics. Coca-Cola and Pepsi are probably the two most common companies this applies to.
SWOT of Pepsi: Strengths: - PepsiCo and its products have more demands in the market than the competitors. - The reputation and the established name of the company are very strong in the market. - PepsiCo has more brand loyalty of the customers as most of its consumers are from the young generation who have actually more loyalty to the brands. - The price offer by PepsiCo is satisfied its customers. - PepsiCo name is very strong internationally and of course in the internal market.
Few of the advantages of a Matrix structure are having resource co-ordination, Specialization which helps in placing employees in functional areas allows them to specialize in a particular field. The advantage of having specialized employees is that they are experts at particular tasks in their field with focus. This is a necessity as some projects require specialized focus. This structure facilitates human resources to be shared flexibly across different projects or products according to the need. Functional areas maintain a stock of talented employees to meet projects' requirements.
Coca-Cola and Pepsi have been competitors since their creation and are in arguably the two leading companies where the selling of beverages is concerned. Both have been in many battles and have undergone multiple changes in order to catch consumer attention and make the bigger mark. Their brands have evolved through the years and have expanded to different countries and markets. When expanding, their advertisements become broad as they have to appeal to a wide consensus. They have used multiple strategies to stay in business such as endorsements, merges, and etc.
Besides that, it solves optimization problems over discrete structures. Artificial intelligence, software engineering, , mathematics and machine learning are several fields which have been applying the combinatorial optimization techniques. From the literature studies, according to F. Neumann, C. Witt, the goal of combinatorial optimization problem is either minimizing or maximizing a