It is due to the technological and sociological ad
_Week 2 Discussion 1
Q Using your own research only, perform a 5 forces analysis on an industry of your choice. Be specific with regard to strength. This is an industry, not a company (shoes, not Nike; coffee, not Starbucks)
New entrants’ threat is moderate on the industry of restaurant. Moderate investment level is needed for establishing new restaurant. It becomes easy to get into the industry. Economies of scale are another element affecting the entry ease. This can be set up once efficiency is attained by other operations and production ("Porter’s five forces of Restaurant Industry|Porter Analysis", 2018).
