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Porter’s Five Forces Model Related to Sit-Down Restaurants
Analyze the Sit-Down Restaraunt industry structure using Porter’s Five Forces Model, where each force is evaluated as strong, moderate, or weak with supporting evidence provided. Students do not need to explain what the 5 Forces are in their papers. Focus on analyses, without adding unnecessary contents.
[1] For each of the five forces:
[a] identify the force [including who are the buyers/sellers or buyer/seller groups];
[b] assess the magnitude of each threat [strong, medium or weak];
[c] explain why the threat is strong, medium or weak and support the argument with evidence or/and theoretical reasoning;
