respond to a your fellow students' posts substantively and provide information or concepts they may not have considered. Support your position by using information from the week's readings:Abraham, S. C. (2012). Strategic management for organizations."One of the most challenging business models in any industry are the restuaran business that operate on thin margins and struggle with profitabiliyt. Using porter's five forces we can deduce why. Competive rivalry (High) The casual dining sector is highly saturated with numerous chains to choose from leaving customer with plenty of options that can opt for the more value to dollar options. Competition is heavily based on price, promotions and locations however some restaurant chains can differentaite themselves from the competition through customer service. Threat of new entrants (moderate to high) Barriers to entry in the restaurant market are relatively low, making a more accessible market to enter because it does not require large capital of investment compared to other industries. New entrants constantly emerge, leading to market fragmentation and increased competition. Barganing power of suppliers (low to moderate) Although restaurants rely on suppliers for food and beverages, many ingredients are commodity based meaning that there are other suppliers as alternatives. However, in periods of