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What are some factors affecting the supply, demand, price, and inventory of McDonald's coffee beans?

Question:

What are some factors affecting the supply, demand, price, and inventory of McDonald's coffee beans?

McDonald's coffee beans

It is a slightly nutty chocolate flavor coffee that is not overly bitter. Many people prefer it because of its drinkability and moderate caffeine content.

Answer and Explanation:

Factors affecting McDonald's supply, demand, price, and inventory are;

  • The type of coffee beans used; McDonald's uses Arabica beans which are seen as the best coffee bean which is slightly sweet and has an acidic flavor. This makes it more popular, increasing the demand.
  • Farmers' support; McDonald's commonly involve and ensure that the land and landowners from the countries they obtain their coffee bean are not treated poorly. Encouraging the plantation of this coffee hence increases supply. Which also ensures price stability.
  • Availability of different Varieties; McDonald's provides eleven different types of coffee, whether hot or cold, black coffee or with milk; this impacts inventory positively since it is reviewed regularly.
  • The reward program; McCafe has a great way of making the order, saving time and money, and providing one free drink for every five drinks a customer buys. Therefore increases the demand for this coffee.

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Target Market Strategies for Successful Business

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Chapter 2 / Lesson 6
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Learn the definition of market strategy. Explore different target marketing strategies. See business plans as target market examples. Read about the marketing mix.


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