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21 Feb 2019
Please access the following article. http://money.cnn.com/2018/05/29/news/economy/chick-fil-a-sacramento-wage/index.html
So, this gentleman is getting ahead of the minimum wage increase that will legally be required in California over the next few years. The question is "Is this a smart business decision?" In my world, a smart business decision can include short-term negative consequences (e.g., reduction in market share) so long as the business' long-term success is the ultimate consideration. The owner certainly seems to have a good justification. Do you think he's going to succeed or will this backfire on him?
Please access the following article. http://money.cnn.com/2018/05/29/news/economy/chick-fil-a-sacramento-wage/index.html
So, this gentleman is getting ahead of the minimum wage increase that will legally be required in California over the next few years. The question is "Is this a smart business decision?" In my world, a smart business decision can include short-term negative consequences (e.g., reduction in market share) so long as the business' long-term success is the ultimate consideration. The owner certainly seems to have a good justification. Do you think he's going to succeed or will this backfire on him?
Elin HesselLv2
21 Feb 2019
