Answer:
trying to evaluate the situation from all diff perspectives
Answer:
threat of new entrants.
Explanation:
Based on the scenario being described within the question it can be said that the competitive force involved in this situation is the threat of new entrants. This refers to the risk that existing companies in a market face of new competitors entering the market and overtaking their market share, eventually forcing them out of the market. Which tends to happen more when a market is expected to grow drastically in the near future as new companies want to take advantage of the opportunity such as is expected to happen in this scenario.
Rue La La. Rue La La offers designer brands at up to 70% off retail prices through “Boutique” sales - think flash sales by designer. ...
Neiman Marcus Last Call. ...
6PM. ...
Gilt. ...
Bluefly. ...
Nordstrom Rack.
The rate of interest banks charge on short-term
loans to their best customers is called the prime rate. This is given to
customers who have good credit record. It serves as the basis of
the lending rates that will be given to other customers. Usually, prime rates are feasible to large corporations and not with sole borrower.
Answer:
You need to include market research, target market, positioning, competitive analysis, market stra
Explanation:
What are the habits and likes/dislikes, trends in the restaurant industry?
Who is the target market for this restaurant (i.e. millennials? boomers? single adults 21-45?)
What is the desired positioning? i.e. Will it be a value restaurant? Greek? Known for great service?
Who are the local competitors?
Use a SWOT analysis on the competition. You can also use the Porter Five Forces tool.
What is the planned BUDGET for the restaurant's marketing (month by month)?
What will be the established performance metrics?
