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