Please use the Porter$$s Five Forces framework for the broad$-$based martial arts school industry $($Hint: From the perspective of a new entrant$).$Broad$-$based$$ can be viewed as typical martial arts schools found in and around traditional retail and consumer businesses. Use this analysis to discuss the attractiveness of the industry. How might a new entrant sustain a competitive advantage $($Hint: Your analysis should consider relevant substitutes$)?$

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