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2 years ago

2. Below are mixed SWOT factors of KFC case study. Fill the chart to Identify each SWOT factor. (2points each)

Business

1 answer:

Ludmilka [50]2 years ago

3 0

Answer:

Strengths :

1. With over 15,000 establishments in 120 countries, KFC is an internationally recognized venue.

2. Alongside KFC, Taco Bell and Pizza Hut also share the same corporate owner brands. Brands have the influence, power, and resources to improve KFC as a restaurant.

3. KFC became popular thanks to its good chicken

Weaknesses :

1. Serving high-fat foods; considering how health-conscious the public is these days, greasy chicken is not going to cut it anymore.

2. KFC follows a franchise management system, meaning each one is individually managed. It is not uncommon for one KFC to have high reviews while another, just down the street, is collecting bad press.

Opportunities :

1. By maintaining the same price point with new menu options, KFC is positioned to enter a new market without sacrificing the beloved chicken-focused meals

2. KFC is in the prime spot to dive into the vegetarian market. Adding new vegetarian options will improve the relationship between KFC and health-conscious and vegetarian consumers

3. Introduce new products fish and deals menu that will attract more customers.

Threats :

1. Increasing numbers of competitors.

2. Raw material prices are rising.

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Answer:

Replace existing equipment with newer, more efficient equipment. Although this option entails substantial up-front investment, you’re sure that you can more than make up the difference in lower production costs.

Explanation:

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2 years ago

The Coffee Express company is located in a business district with few customers on the weekend. To attract customers on Saturday

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Answer:

c. dynamic pricing.

Explanation:

Dynamic pricing is when the price of a product is not fixed but flexible. Prices change based on changes in demand. It is also known as surge pricing or demand pricing.

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Cross price elasticity measures the degree of responsiveness of quantity demanded of a good to changes in the price of another good.

The income effect measures how consumption and demand for a product changes when real income changes.

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Answer:

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Answer and Explanation:

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