Chili's Comes in Hot

Chili's Comes in Hot

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses Brinker shares' performance, marketing strategies, competition, and value proposition. It highlights cost management, margin expansion, and the impact of tariffs. The long-term strategy includes store expansion and addressing labor costs. The focus is on maintaining quality and service while managing costs and accelerating growth.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the key strategies Brinker has focused on to sustain its growth?

Reducing employee wages

Increasing advertising spend

Improving food quality and simplifying the menu

Expanding into new markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Brinker respond to customer frustration with fast food prices?

By offering a $5 meal deal

By reducing portion sizes

By increasing menu prices

By launching a social media campaign and offering competitive meal packages

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What approach has Brinker taken to maintain its profit margins?

Raising prices across the board

Hiring more staff

Increasing the number of menu items

Ruthless simplification of the menu

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Brinker plan to handle potential economic challenges like tariffs?

By reducing the quality of ingredients

By maintaining fixed prices and finding cost offsets

By closing underperforming stores

By increasing prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant factor that Brinker believes will separate successful companies from others?

Accelerating growth

Cutting costs aggressively

Expanding internationally

Reducing employee benefits

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the impact of Brinker's strategies on its average annual sales for Chili's?

Sales have fluctuated

Sales have increased significantly

Sales have remained the same

Sales have decreased

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Brinker's approach to dealing with wage inflation?

Planning for it and accelerating growth

Reducing employee hours

Freezing wages

Outsourcing jobs