The Fast Food Industry: Raising Minimum Wage

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Recently the fast-food industry has been under the microscope of the public because their workers have started a debate on whether or not to raise the minimum wage to $15 and the impact of their food has on their consumers. In addition, to the quality of the food, they severed, the government has set forward regulations that required chain restaurants to display nutrition labeling. The media consistent coverage of the obesity pandemic in the United States and the rising cost of health care cost has consumers making better choice on the food they eat. These impacts over the past decade has started to erode the demand for fast food.
The fast food industry has been around over three decades. It started in 1954 when a visionary named Ray Kroc
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When these companies first started out in 1921 the transit system was being born along with the popularity of the automobile. Once the automobile became affordable to most American’s and they started to travel more frequently, the demand for quicker food started.
Ray Kroc had the vision to build a restaurant chain that provided food of consistently high quality and uniform methods of preparation (Kroc, 2016). His vision was, no matter where the customer purchased his products they would have the same taste. He traveled all over the United States pitching his ideas to get investors. In 1955 he partnered with the McDonald brothers creating McDonald’s Systems, Inc. (Kroc, 2016).
He created a streamlined process for food preparation and through partnerships with his suppliers and franchisees. With the collaboration of these suppliers, franchisees and employees the success of the business didn’t solely rely on him but everyone. This was an ingenious idea that created innovation and dedication throughout his
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Executive and managers can have certificates that need a certain amount of continue education credits in order keep their certificates. These courses can average from a couple of hundred dollars to thousands. The cost encompasses with these courses are travel, room and board, wages, and downtime. Employees are the most expensive asset at any company and by making sure the employee is challenged and educated are vital to their success.
Today’s companies are looking for better alternatives to reduce the cost of education. Southern New Hampshire University’s, College of American is leading the way in reducing education cost. College of American’s main objective is to bring education to companies at affordable prices. The company signs a contract with College of American to push education throughout their organization by offering college courses through Southern New Hampshire University. College of America negotiates with the company on a fixed cost per

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