Inflation Hits The Restaurant Industry

The video discusses the challenges faced by the fast food industry, including rising food and labor costs, consumer demand, and supply chain issues. It highlights the impact of these factors on pricing and business operations. The discussion also covers the role of technology and automation in addressing labor shortages and improving efficiency in the restaurant industry.

What has been the trend in chicken prices according to the speaker?

• They have decreased by 50%

• They have increased by 100% and then moderated to 50%

• They have remained stable

• They have decreased by 100%

How has the fast food industry performed in terms of sales growth?

• Sales have grown significantly

• Sales have remained the same

• Sales have declined significantly

• Sales have slightly decreased

What is one of the main challenges faced by the fast food industry in terms of supply chain?

• Stable supply chain with no issues

• Intermittent shortages of products

• Excessive supply of products

• Overproduction of equipment

What is the expected role of technology in the fast food industry according to the speaker?

• Technology will replace all human workers

• Technology will play a bigger role in automation

• Technology will have no impact

• Technology will only affect marketing strategies

What is the anticipated change in the role of cashiers in the next decade?

• Cashiers will be replaced by chefs

• Cashiers will remain the same

• Cashiers will be significantly reduced

• Cashiers will become more prevalent