Four Years Ago, Executives of Burgerville, a Regional Restaurant Chain

question 6

Essay

Four years ago, executives of Burgerville, a regional restaurant chain, agreed to pay at least 90 percent of health-care premiums for hourly employees who work at least 20 hours a week. Today, the executives say the unusual move has saved money by cutting turnover, boosting sales, and improving productivity.Burgerville say that work ethic translates into higher revenue.
1. What does this story illustrate about a manager's use of financial measures such as turnover?
2. What does this story illustrate about cost control?

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Definitions:

Contracted

The action of formally entering into a binding agreement or contract, where specific terms and conditions are agreed upon by the parties involved.

Wedding Reception

A celebratory gathering following a wedding ceremony, often involving a meal, entertainment, and dancing.

Discretionary Remedy

A legal remedy determined by a judge's discretion, often based on equitable principles, rather than fixed guidelines.

Exclusively

Solely, without including others; limited to a particular individual or group.