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The Rivalry of Coca-Cola and Pepsi-Cola In more than a century of hand-to-hand combat in shops, supermarket aisles, restaura
The Rivalry of Coca-Cola and Pepsi-Cola In more than a century of hand-to-hand combat in shops, supermarket aisles, restaura
admin
2013-04-03
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问题
The Rivalry of Coca-Cola and Pepsi-Cola
In more than a century of hand-to-hand combat in shops, supermarket aisles, restaurants and bars around the world, Coca-Cola has nearly always been in the lead and Pepsi in second place. When Warren Buffett, Coke’s long-time investor, told the board that he had visited a pizza parlour in Omaha, Nebraska, with his grandson only to discover it served nothing but Pepsi, Coke’s bosses acted swiftly to remove their arch-rival from the menu and replace it with Coke.
If only the Atlanta-based company had moved as determinedly in response to changing consumer tastes, it might have avoided a humiliating reversal in fortunes. On December 12th PepsiCo overtook Coca-Cola in market capitalisation for the first time. With PepsiCo’s share price having risen by 14% this year, its stock market value reached $ 98.4 billion, compared with $97.9 billion for Coca-Cola, which has seen its shares decline by 1.2% in the same period.
Pepsi is powered not by its traditional fizzy drinks—sales of those are flat—but such products as Gatorade, a sport, s drink that has seen sales grow by more than 30 % . Gatorade also represents a broader diversification by PepsiCo away from a reliance on sugary colas and into other products. PepsiCo now reportedly gets around 20% of its revenue from soft drinks, unlike Coca-Cola , where they account for some 80 % .
Many of the brands that PepsiCo has been acquiring and promoting appeal to consumers’ concerns about their health. PepsiCo’s latest advertising programme promotes a new "Smart Spot" symbol, which allows people to identify healthier products. The spots are being attached to Gatorade and other PepsiCo brands such as Tropicana orange juice, Aquafina water, baked Lay’s crisps and Quaker Granola Bars.
Coca-Cola will now try to regain the crown. Having endured various troubles and two chief executives since the death in 1997 of Roberto Goizueta, a much-admired boss, Coke brought a veteran, Neville Isdell, out of retirement last year to reinvigorate the company. Mr. Isdell knows a thing or two about being in second place. In the 1980s he took Coke from the number two spot in the Philippines to move ahead of Pepsi.
Mr. Isdell has Coke’s own sports drink, Powerade, in his portfolio but he could have had Gatorade. Five years ago another fizzy drink (champagne) was on ice, to celebrate Coca-Cola’s $15.8 billion take over of Quaker Oats, then owner of Gatorade. This takeover was supposed to lead Coke into what looked to be a hot new market for health drinks. But the "Sage of Omaha", as Mr.Buffett is known, blocked the deal, in part because it would have diluted the value of Coke’s shares. Pepsi took over Quaker Oats instead—a memory that must leave Mr.Buffett and other Coke shareholders with a bitter taste in their mouths.
What can be inferred from the figures in paragraph 2?
选项
A、Coke is now in a humiliating situation.
B、Pepsi excelled Coke in sales.
C、Coke falls behind Pepsi in stock market value.
D、Pepsi earned more profit than Coke.
答案
C
解析
推理判断题。由题干内容定位至第二段。由该段首句中的lf only...,it might have avoided a humiliating reversal in fortunes.可知,可口可乐公司的财富状况发生了逆转。接下来,作者指出12月12日百事可乐公司的市值第一次超过了可口可乐公司,并给出一系列数字对此进行说明。可见这些数字说明可口可乐公司的市值低于百事可乐,故[C]为答案。首句提到humiliating,此处是说可口可乐公司被百事公司超过,这种状况让人觉得耻辱,后面的数字是对第二句内容的说明,与首句中的humiliating无关,排除[A];此处提到market capitalisation,market value,没有涉及sales,也没有提到利润,排除[B]和[D]。
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考研英语一
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