Tnc - Coca Cola

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HISTORY OF COCA COLA A transnational corporation (TNC) is a large business organisation that has a home base in one country, and operates partially owned or wholly owned businesses in other countries. Some TNC companies include Coca- Cola, Toyota, McDonalds, Nike and Vodafone. Coca- Cola is the number one manufacturer of soft drinks in the world. Coca-Cola is a carbonated soft drink sold in stores, restaurants, and vending machines in more than 200 countries. It was invented in the late 19th century by John Pemberton, but was bought out by businessman Asa Griggs Candler, and at the beginning it was originally intended as a patent medicine. They sell nearly 400 different products and 70% of its sales are generated outside of North America- which is their home base. Coca- cola has gone from selling a modest 9 drinks a day in 1886 to 1.8 billion a day. The company has expanded from one city in one country to availability in more than 200 countries around the world. GROWTH OF COCA COLA The Coca-Cola recipe was made at the Eagle Drug and Chemical Company, a drugstore in Columbus, Georgia by John Pemberton, originally as a coca wine called Pemberton's French Wine Coca. In 1886, when the county passed legislation which prohibited the alcoholic version, Pemberton responded by developing Coca-Cola, a non-alcoholic version. The soft drink was first sold to the public in Jacob's Pharmacy in Atlanta on May 8, 1886. It proved popular in the United States at the time due to the belief that carbonated water was good for the health. Pemberton claimed Coca-Cola cured many diseases, including morphine addiction, dyspepsia, neurasthenia and headache. As the country roared into the new century, The Coca-Cola Company grew rapidly, moving into Canada, Panama, Cuba, Puerto Rico, France, and other countries and U.S territories. In 1900, there were two bottlers of Coca-Cola; by 1920,

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