Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: Prices go up. Occasionally, prices go down. But for 70 years, the price of a bottle of Coca-Cola didn’t change. From 1886 until the late 1950s, a bottle of Coke cost a nickel.

Source: NPR.org

Date: Nov 19, 2015

Link: http://www.npr.org/sections/money/2015/11/18/456410327/episode-416-why-the-price-of-coke-didnt-change-for-70-years

Questions for discussion:

  • Why did Coke keep the 5 cent price for so long?
  • Do you think this pricing strategy forced the company to increase sales in order to remain in business?

Leave a Reply

Your email address will not be published.