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

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the discussed causes of labor shortages in the restaurant industry?
Increased food prices
Supplemental unemployment insurance
Lack of restaurant locations
High interest rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of raising the minimum wage to $15 according to the transcript?
Increased job opportunities for entry-level workers
Decreased business efficiency
Higher consumer spending
Automation and efficiency improvements
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a strategy mentioned for dealing with supply chain issues?
Reducing menu options
Increasing food prices
Using refrigerated trucks for storage
Hiring more staff
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a concern about passing increased supply costs to consumers?
It could damage brand reputation
It might not cover the increased costs
It could lead to a decrease in demand
Consumers may stop dining out
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the pandemic affect Applebee's off-premise sales?
Sales decreased significantly
Sales were unaffected by the pandemic
Sales increased to almost 60% during the pandemic
Sales remained the same
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason fast food did well during the pandemic?
New menu items
Drive-thru availability
Increased advertising
Lower prices
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a long-term benefit of the shift to off-premise dining for Applebee's?
Higher profitability
Increased brand loyalty
More menu options
Reduced operational costs
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