Assignment ⇨ *Explain swot analysis for KFC*
Answers
Answer:
SWOT Means Strength Weakness Threats Opportunities
Explanation:
Strengths:
Strengths describe the factors that which the organization is good at and what separates it from its competitors.
–Strong global presence: With a presence in over 130+ countries and with 21,000+ stores, KFC has an impressive global presence.
OPPORTUNITIES:
Opportunities refer to the factors which the organization can use to its favor to grow its market share, sales, brand recognition etc. It’s the second most important factor in SWOT Analysis of KFC as it will shape the future of the company’s strategy.
–Expanding to new Geographies:
THREATS:
Threats refer to factors that have the potential to harm an organization in the future. Given the fact, threats give a brand a far-sighted view about the problems that the brand is likely to face in the future, it is one of the most important factors in the SWOT Analysis of KFC.
— Changing consumer food trends and preferences
WEAKNESS:
Weaknesses stop an organization from performing at its optimum level. They are areas where the business needs to improve to remain competitive:
–Supply chain and Distribution issues: