How the Reccession Has Effected the Fast Food Sector

The short letter I need chosen is KFC as KFC is a worldwide teleph mavin line and very popular inside of the tight viands industry behind fast pabulum for thought gargantuans McDonalds and burger king and operates in over 110 countries passim the world as it is a worldwide credit line it ordain be affected in contrary commissions in different places. Here argon some factors which could have affected them in the turning point People have little(prenominal) disposable income As of the recession many people have less disposable income to spend on fast food as testamenting be sticking to the essentials and their individual(a) necessities in order for them to live.Many people were made unembellished in the recession which exit have of come to KFCs business as not a lot of people will be purchasing their products. Also if people have less cash than they will pick the cheaper brand which will impact less on their spending or they will just cut out fast food each(pre nominal) together this will impact KFC as it will be d freshing less customers as the week goes on which will force the organisation to buy cheaper and trim shade products to sell the earth which will bedevil them lose customers as intimately as the persona wouldnt be what it utilise to be. Unemployment increasesAs the unemployment rate throughout the world increases then less people will not have a sufficient amount of m unmatchabley to spend on high brand fast food eating houses and will have to cut out the spending for fast food altogether as it can be very expensive and over expensed. Unemployment will affect KFC as well as they will be acquiring rid of people in a way to decrease their main personifys in the business in order for them to abide being one of the top high priced fast food restaurants in the fast food market becoming one of the top 5 fast food restaurants in the world behind the fast food giant which is McDonalds and Burger King.Reduce in avail As KFC i s a well-known American fast food restaurant which sells worldwide they sell millions or products globally. The going away of profit will make them have to reduce all of the costs inside of the business for grammatical case lower the amount of employees in the business to cut the cost of the wages to lower the risk of a loss in the business and also lower the quality of the produce used in the products as the price of the raw materials have gone up.As the price of the raw materials go up then the business will be release a lower quality product which will make them lose their customers if they continue to sell a product which does not chance on the customers needs which will make them go down in the market and will make customers go to KFCs main competitors for example McDonalds.