- Level: GCSE
- Subject: Business Studies
- Word count: 1565
Business Unit 4 Questioanire
Extracts from this document...
Introduction
Questionnaire. Please Circle appropriately: What gender are you? Male Female What Age Group are you in? Under 16 16-24 25-30 31-39 40 and above How often do you drink Coca-Cola? Everyday several times a week once a week Several times a month Rarely/never Would you buy more Coca-Cola if the cans were more environmentally friendly? Yes No Would you buy more Coca-Cola if the plastic bottles were more environmentally friendly? Yes No Would you pay a higher price for Coca-Cola if you if cans or bottles were from recycled materials? Yes No Would you pay a higher price for Coca-Cola if you knew the materials used for cans and bottles were bio-degradable? Yes No Would you buy more Coca-Cola if a percentage went to charity? Yes No Would you buy Coca-Cola if they contributed more to `third-world debt`? Yes No Would you pay a higher price for Coca-Cola if you knew they were supporting `third-world` families? Yes No Do you think Coca-Cola can be part of a healthy life-style? Yes No Do you think Coca-Cola is bad for dental health? Yes No Do you think Coca-Cola has enough limited products? ...read more.
Middle
Would you buy more Coca-Cola if they contributed more to `third-world debt`? Yes- 76.6% No- 23.4% Most people are willing to help others according to this questionnaire. Coca-Cola should consider raising their prices slightly to help others who are so fortunate, they should also consider the money going to third-world debt, and if that will affect their total profit. Also, it will again give the business a good reputation which is always appropriate for large companies. Many people who said `no` may have done this to the worldwide financial crisis. Would you pay a higher price for Coca-Cola if you knew they were supporting `third-world` families? Yes- 97.6% No-2.4% This shows that people are willing to pay more for others, who need help. However, this question shows that a higher percentage of people are willing to pay higher, this is unusual because of the finical crisis. Also, Coca-Cola should again consider if they make again about the profit margin. Nevertheless, Coca-Cola will get a good reputation from the public for helping others; a good reputation is something money can't buy. Do you think Coca-Cola can be part of a healthy life-style? ...read more.
Conclusion
Coca-Cola should also try to consider using biodegradable materials, because this will give Coca-Cola a good reputation. A reputation is something that is essential in a successful business; Coca-Cola has high reputation and should try to increase it using recycled/biodegradable, if this is successful then they can again further increase profits. Recommendation two: I recommend to Coca-Cola that they try to give a certain percentage of the profit to charity. This will show the public that Coca-Cola is a caring company and cares about others. Also, if they increase their price slightly per can/bottle the excess money good go to charity; therefore they don't lose any money and the reputation has increased drastically. This questionnaire shows that people are willing to pay more for a can if they knew that a percentage of the money was going to charity. Also, I will again mention that a good reputation is something that you have to earn; and by helping others Coca-Cola will please customers. Also, they will think that when they are buying it they are helping others o that also improves ales. However, this could be very risky because demand for Coca-Cola could increase rapidly and the production will not be able to keep up so ?? ?? ?? ?? Candidate name: Ellias Hassan Candidate number: 4055 Centre number: 20097 Business marketing coursework. ...read more.
This student written piece of work is one of many that can be found in our GCSE Marketing and Markets section.
Found what you're looking for?
- Start learning 29% faster today
- 150,000+ documents available
- Just £6.99 a month