During the height of the Covid pandemic, Mcdonald's like all other restaurant chains suffered from the combined
Question:
During the height of the Covid pandemic, Mcdonald's like all other restaurant chains suffered from the combined negative impact of missing customers and supply chain disruptions. How might each of these separately affect the Demand and Supply diagram? What is the overall impact on the market for Mcdonald's? Next, graphically depict the combined effect of the two, make a copy of the image, and insert it at the bottom of the answer. If you need help, with photographing and inserting an image.
Demand Curve Impact –
Supply Curve Impact –
Insert Graph Immediately Below-
How might Mcdonald's adapt its business model to make it less sensitive to a similar shock in the future? Provide a brief executive summary of your suggestion.
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto