With a partner, discuss and Write down all the factors that you think influence the supply of fried chicken pieces by chick roast. Report back on your discussion to the rest of the class. Make it short
Factors that influence the supply of fried chicken pieces by Chick Roast:
1. Input costs: The cost of ingredients, such as chicken, oil, breading, and spices, directly impacts the supply of fried chicken pieces. If these costs increase, it may lead to a decrease in supply.
2. Production capacity: The ability of Chick Roast to produce a certain amount of fried chicken pieces is influenced by its production capacity. Factors such as equipment, staff, and kitchen space can limit or expand the supply.
3. Technology: The use of advanced cooking equipment and technology can enhance production efficiency, allowing Chick Roast to increase their supply of fried chicken pieces.
4. Seasonal demand: The demand for fried chicken pieces can vary throughout the year, with peak times during holidays and weekends. Chick Roast adjusts its supply accordingly to meet the seasonal demand fluctuations.
5. Competition: The presence of competing fast-food chains or restaurants offering similar fried chicken products can impact the supply. Chick Roast may adjust its supply based on the competition in the market.
6. Regulations: Government regulations and food safety standards can impact the supply of fried chicken pieces. Compliance with these regulations can affect the production process and, consequently, the supply.
7. Consumer preferences: Changes in consumer preferences, such as a shift towards healthier food options, can impact the supply of fried chicken pieces. Chick Roast may need to modify its offerings to meet evolving consumer demands.
These factors, among others, influence the supply of fried chicken pieces by Chick Roast, requiring them to adjust their production and supply accordingly.