Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Part 1: Answer the following questions based on the news article listed. The response to each question should be 100 words or more. This means

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Part 1: Answer the following questions based on the news article listed. The response to each question should be 100 words or more. This means your contribution to Part 1 should be 200 words or more. Review the LedgerEnquirer news article located in Module 8 entitled: "Chi'ck-fH-A begins construction 1. Identify examples of two fixed costs and two variable costs the restaurant may incur once it begins operations. 2. The restaurant expects to hire over 150 employees. Why would employee work scheduling be an important part of this process? *HINT: Be sure to incorporate the concepts of Marginal Product of Labor and Diminishing Marginal Returns of an input in your discussion. Chick-fil-a begins construction on Manchester Expressway restaurant By Tony Adams tadams@ledger-enquirer.com March 03, 2017 1:58 PM Construction is now starting on a new Chick-fil-a restaurant at the intersection of Manchester Expressway and Armour Road in Columbus, with the popular chain expecting to be serving chicken sandwiches and waffle fries there by July. "I want to express my heart of appreciation for the Columbus community and just supporting Chick- fil-A so well for over four decades," Alex Vann, the franchise owner-operator of the new location, said Friday. Vann also has owned and operated the Chick-fil-a on Wynnton Road going on nine years. The Chick-fil-a now being built is going on property at 2730 Manchester Expressway that formerly was home to J.D. Kinders and Off-Price Furniture stores. Columbus businessman Tom Bryan sold the nearly two-acre piece of land for $1.7 million to developers last June, vacating the premises a couple of months later. From a traffic standpoint, it's a premium site. A Georgia Department of Transportation traffic count shows 35,800 vehicles a day on Manchester Expressway just west of the I-185 exit. Just east of the interchange, near Peachtree Mall, the count jumps to 48,900 vehicles per day. Those figures don't include north-south traffic on Armour Road, which connects Manchester Expressway and the busy Airport Thruway area. "That's the busiest intersection in the region, Manchester and I-185," Vann said. "It's really an attempt to be near an interstate so that we can serve the community (including traffic to and from Fort Benning) that has supported Chick-fil-a so well since 1973 here in the Chattahoochee Valley, with the first Chick-fil-a that was open at the mall that used to be on Macon Road - ColumbusFort Benning] that has supported ChickfilA so well sinCe 19??) here in the Chattahoochee Valley, with the first Chick-filA that was open at the mall that used to be on Macon Road Columbus Square Mall.\" 'v'ann said the Chickfil-A store inside the food court at Peachtree Mall will remain open, with it still remaining under a lease contract. That location is not operated by Iv'ann, who with the Manchester Expressway and Wynnton Road restaurants under his belt will join somewhat exclusive franchise ranks within the Atlantabased company. \"This is a great opportunity,\" he said. "It's pretty rare in ChickfilA to give {someone} multi restaurants. To get a ChickfilA alone is rare, much less to be able to have two. So, yes, it's a big deal." The property upon which the new Chickfil-A is locating has room for at least a couple of more tenants. 'v'ann said he's heard rumors of what else might materialize on the site, but nothing concrete yet. \"I'm sure there's not going to be another chicken restaurant there,\" he said, laughing. "It will probably be something like a Starbucks or another fastcasual kind of restaurant, something that really fits in the vein of ChickfilA.\" 'v'ann noted Chick-filA is very selective in where it places a restaurant. The new one, which will employ 100 to 150 people initially, before settling into its operational groove, is among 102 stores the Atlanta company is opening this year nationwide, with those locations creating more than 9,000 jobs combined. \"I'm sure there's not going to be another chicken restaurant there,\" he said, laughing. "It will probably be something like a Starbucks or another fastcasual kind of restaurant, something that really fits in the vein of ChickfilA.\" 'v'ann noted Chick-filA is very selective in where it places a restaurant. The new one, which will employ 100 to 150 peOple initially, before settling into its operational groove, is among 102 stores the Atlanta company is opening this year nationwide, with those locations creating more than 9,000 jobs combined. When the construction dust settles and his new restaurant is open, 'v'ann said his two stores could have as many as 200 employees altogether between them. That's economic impact on the city, he noted. \"Obviously, it's a partnership with our community," 'v'ann said. "We don't have an opportunity to be here and really influence and impact our community if folks aren't buying chicken. So we're thankful that six days a week people are still coming and supporting ChickfilA in the region." ChickfilA, unlike most other restaurant and retail chains, is closed on Sundays, giving its employees a consistent weekend day of rest. That typically helps alleviate turnover among workers. The new location is to have an upgraded interior featuring the company's latest design, along with drivethru service. It will have free wifi and an indoor play area that includes an interactive section for toddlers. When it does open this summer, the ChickfilA on Manchester Expressway also will have the customary promotion of giving away a year's supply of meals {52 in all] to the first 100 customers in line at the restaurant. The offer typically has some people camping out all night or standing in line for hours for the giveaway. Since launching the promotion in October 2003, ChickfilA has given away 32? million worth of food. Founded in 1967 by the late S. Truett Cathy, ChickfilA has grown to more than 2,100 restaurants in 45 states and Washington, D.C. Read more here: httn:waw_ledeer

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managers And The Legal Environment

Authors: E. Bagley

9th Edition

1337555177, 978-1337555173

More Books

Students also viewed these Economics questions

Question

What is the method of least squares?

Answered: 1 week ago

Question

The fear of making a fool of oneself

Answered: 1 week ago

Question

Annoyance about a statement that has been made by somebody

Answered: 1 week ago