Opening a corner coffee shop is a relatively simple process with low-to-moderate start-up costs. The five forces model would su

Question

Alex787 [66]

3 years ago

6

Opening a corner coffee shop is a relatively simple process with low-to-moderate start-up costs. The five forces model would su

ggest that ______________ is a strong force.

Business

1 answer:

KiRa [710] · Answer 1 · 2022-07-25T03:45:57+03:00

Answer:

Threat of New entrants

Explanation:

Opening a corner coffee shop is a relatively simple process with low-to-moderate start-up costs. The five forces model would suggest that in this industry, threat of new entrants is a strong force.

In the scenario, there is a low barrier to entry and it requires little capital to enter into the coffee shop industry, hence the factor of 'threat of new entrant' is a strong force.

Opening a corner coffee shop is a relatively simple process with​ low-to-moderate start-up costs. The five forces model would su

Opening a corner coffee shop is a relatively simple process with low-to-moderate start-up costs. The five forces model would su