Largest U.S. Franchisee Reflects on a Post-Covid Restaurant Industry

Largest U.S. Franchisee Reflects on a Post-Covid Restaurant Industry

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses labor shortages in the restaurant industry, exploring causes like unemployment insurance and childcare concerns. It examines the impact of wage increases on businesses, highlighting potential solutions like bifurcated wages. Supply chain challenges, particularly in food supply and distribution, are addressed. The discussion also covers pricing strategies amid supply shortages and consumer demand. Finally, the pandemic's impact on fast food and off-premise dining is explored, noting a significant increase in off-premise sales for Applebee's.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker suggest treating employees during a hiring freeze?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does the speaker believe the current economic conditions have on pricing in the restaurant industry?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential long-term changes in consumer behavior towards fast food mentioned in the text?

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