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Unformatted text preview: the business to the employees. The employees could eventually have their hours reduced or even be left go. One of the lesser factors mentioned of the economic downturn of the restaurant business is health care. I would not offer health care benefits in the restaurant business. Since the industry is known for a high turnover in employment, why offer them benefits? The bad economic times will surely negate the 7% increase from 2007 to 2008 anyways. If I had a choice between the stabilization of gas prices or food prices, I would choose to stabilize the price of gas. In the restaurant business, everything starts with the delivery. Anything you buy, wherever you are, is delivered by someone. The rising price of gas is forcing the delivery companies and trucking companies to also raise their prices. I think the price of food would table off with the stabilization of gas....
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This note was uploaded on 06/05/2011 for the course BUS 123 taught by Professor Professorjames during the Spring '11 term at Central Pennsylvania.
- Spring '11