Explain the rationale behind PEPSI and COCA-COLA strategic plan using theory and concepts from Strategic management books and journals and explain the factors that lead to succeed or to fail of each company.

PEPSI and COCA-COLA strategic plan
Company Background
• Make a short introduction on Pepsi and Coca-Cola and their respective industry
Vision & Mission Statement
• Mission and vision of Pepsi and Coca-Cola
Body
• Explain the rationale behind each company’s strategic decision using theory and concepts from Strategic management books and journals– Factors that lead to succeed or to fail (usually, there are many factors like lack of leadership, inadequate strategic decision, lack of resources, underestimation of competitiveness, strategic mindset, strategic planning …)
• Use appropriate strategic tools to assess the relevancy of their strategies. Identify flaws and root causes of success or failure
• Identify the major strategic issues both company faced Critically appraise their strategic approach and decision-making – Build your argument based on strategic management concepts and journal articles – Use the literature review to defend your arguments
• And it can be divided under the below criteria:
a. Industry Analysis
b. Competitive Analysis
c. Financial Analysis
d. SWOT & QSPM Analysis
e. Strategy Recommendation
f. Action Plan
Conclusion
• Make recommendations on how both companies should do in the future to sustain their business

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