Trend in the restaurant industry centered

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Reference no: EM132058412

1. Krispy Kreme’s stock price dropped by 80% between 2003 and 2004. There were several reasons for this decline in stock price. Which of the following is not a valid reason?

Takeover target by Dunkin Doughnuts

Closing of three stores

Purchase of a chain of bakery cafes

Lower than expected earnings

SEC investigation

2. Which of the following is not a trend in the restaurant industry centered on the year of 2007?

Deteriorating housing wealth

Higher labor costs

Decrease in rent prices

Increase in commodity prices

Lower demand stemming from high gas prices

Reference no: EM132058412

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