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Direction: Read the following text and answer the following questions on the basis of the same:
The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine free Coca-Cola, Diet Coke Caffeine free, Coca-Cola Zero Sugar, CocaCola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.
Which business environment did Coca-Cola majorly tap into ?
  • a)
    Technological Environment
  • b)
    Social Environment
  • c)
    Political Environment
  • d)
    Economic Environment
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Direction: Read the following text and answer the following questions...
The social environment of business include the social forces like customs and traditions, values, social trends, society’s expectations from business, etc.
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Direction: Read the following text and answer the following questions...
Answer:

Coca-Cola majorly tapped into the social environment.

Explanation:

- The social environment refers to the cultural and social factors that affect the business, including demographics, lifestyle, values, beliefs, and trends.
- Coca-Cola has established itself as a household name and a popular drink choice for social gatherings and occasions, tapping into the social environment of people's lifestyles and values.
- The company has effectively marketed itself as a symbol of happiness, togetherness, and celebration, which aligns with the social environment of people's desire for social interaction and enjoyment.
- Coca-Cola has also adapted its product line to cater to the changing social environment, introducing diet and sugar-free options, as well as different flavors to appeal to diverse tastes and preferences.
- Moreover, Coca-Cola's creative advertising campaigns have further strengthened its connection with the social environment, promoting emotional and social connections through its brand messaging and imagery.
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Direction: Read the following text and answer the following questions on the basis of the same:The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine free Coca-Cola, Diet Coke Caffeine free, Coca-Cola Zero Sugar, CocaCola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.Which business environment did Coca-Cola majorly tap into ?a)Technological Environmentb)Social Environmentc)Political Environmentd)Economic EnvironmentCorrect answer is option 'B'. Can you explain this answer?
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Direction: Read the following text and answer the following questions on the basis of the same:The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine free Coca-Cola, Diet Coke Caffeine free, Coca-Cola Zero Sugar, CocaCola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.Which business environment did Coca-Cola majorly tap into ?a)Technological Environmentb)Social Environmentc)Political Environmentd)Economic EnvironmentCorrect answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the following questions on the basis of the same:The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine free Coca-Cola, Diet Coke Caffeine free, Coca-Cola Zero Sugar, CocaCola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.Which business environment did Coca-Cola majorly tap into ?a)Technological Environmentb)Social Environmentc)Political Environmentd)Economic EnvironmentCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the following questions on the basis of the same:The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine free Coca-Cola, Diet Coke Caffeine free, Coca-Cola Zero Sugar, CocaCola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.Which business environment did Coca-Cola majorly tap into ?a)Technological Environmentb)Social Environmentc)Political Environmentd)Economic EnvironmentCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Direction: Read the following text and answer the following questions on the basis of the same:The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine free Coca-Cola, Diet Coke Caffeine free, Coca-Cola Zero Sugar, CocaCola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.Which business environment did Coca-Cola majorly tap into ?a)Technological Environmentb)Social Environmentc)Political Environmentd)Economic EnvironmentCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
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The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.Which business environment did Coca-Cola majorly tap into ?a)Technological Environmentb)Social Environmentc)Political Environmentd)Economic EnvironmentCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Read the following text and answer the following questions on the basis of the same:The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine free Coca-Cola, Diet Coke Caffeine free, Coca-Cola Zero Sugar, CocaCola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.Which business environment did Coca-Cola majorly tap into ?a)Technological Environmentb)Social Environmentc)Political Environmentd)Economic EnvironmentCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Direction: Read the following text and answer the following questions on the basis of the same:The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine free Coca-Cola, Diet Coke Caffeine free, Coca-Cola Zero Sugar, CocaCola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.Which business environment did Coca-Cola majorly tap into ?a)Technological Environmentb)Social Environmentc)Political Environmentd)Economic EnvironmentCorrect answer is option 'B'. 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The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.Which business environment did Coca-Cola majorly tap into ?a)Technological Environmentb)Social Environmentc)Political Environmentd)Economic EnvironmentCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following text and answer the following questions on the basis of the same:The name and taste of Coca-Cola is known to almost each and every individual in India as well as throughout the world. This carbonated soft drink holds the most market share in the soft drink market and got itself a special seat in each and every gathering. The Coca-Cola Company has on occasion introduced other cola drinks under the Coke name. The most common of these are Diet Coke, along with others including Caffeine free Coca-Cola, Diet Coke Caffeine free, Coca-Cola Zero Sugar, CocaCola Cherry, Coca-Cola Vanilla and the list goes on. It has capitalized on each and every opportunity to market itself effectively and place itself in the middle of every gathering. The main reason for such an outstanding placement of product goes to the way they have established the connection between every occasion and the need for Coke to be present there, product design and creative advertising.Which business environment did Coca-Cola majorly tap into ?a)Technological Environmentb)Social Environmentc)Political Environmentd)Economic EnvironmentCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Commerce tests.
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