Question: Original post: Read the WSJ article Coronavirus Lockdowns Prompt Smaller Restaurants to Rethink DeliveryLinks to an external site. and discuss the following: Privately conduct a
Original post: Read the WSJ article "Coronavirus Lockdowns Prompt Smaller Restaurants to Rethink DeliveryLinks to an external site." and discuss the following: Privately conduct a five forces analysis of the restaurant industry. Based on the analysis, explain why the profitability of restaurants is generally pretty low. Briefly, what are the killer (bad) forces for restaurants in the Porter five forces model? What can small restaurants do about the problem? What are their options? Is there any way that small restaurants can bundle demand so that they can increase bargaining power with these home-delivery apps? How else could they perhaps increase their bargaining power? What are the parallels in the health care industry? Give examples
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