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FACTORS INDUCE DEMAND (KFC) - Coggle Diagram
FACTORS INDUCE DEMAND (KFC)
Social Factors
Avoid food worker minimum wage mistreatment
Following the ethical practice
Provide food that promote healthy lifestyle
Obey the practice preparing food or sourcing raw materials
Legal Factors
follow the laws in each location
filing the proper amount of taxes,
ensuring all restaurants are up-to-code
adhering to labor laws
Political Factors
KFC mocked McDonalds’ mascot while simultaneously parodying President Donald Trump’s tweet which is a “bigger and more powerful” nuclear button than North Korea.
KFC has been drawn into political drama.
Economical Factors
need to compete with similar fast-food restaurants including Pizza Hut and McDonalds
many are on a profit decline if can't seem to grow in the Chinese market
create many more menu including vegan items to compensate for vegan and dieting consumers
Technological Factors
KFC are adopting the newest technology for workers
Offering advanced technology for deliveries, kiosks, and easier ordering
Customer service can improve
Can order the meal before reaching the cash register, making the entire process much quicker for customers
Environmental factors
A complicated history with KFC’s paper supplier has affected the personal opinion of the brand
The paper company is linked to deforestation
It also contributes to the endangerment of wildlife and similar species who are already on the brink of extinction