1 pts Question 22 You own a frozen yogurt shop in Dinkytown. You are feeling pretty good, because you are the only shop

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1 Pts Question 22 You Own A Frozen Yogurt Shop In Dinkytown You Are Feeling Pretty Good Because You Are The Only Shop 1 (84.75 KiB) Viewed 40 times

1 pts Question 22 You own a frozen yogurt shop in Dinkytown. You are feeling pretty good, because you are the only shop that offers Fro-Yo in a 10 mile radius. However, the hotpot restaurant next door started offering bubble tea, and smoothies. Which element of Porter's Five Forces are you most concerned about? Threat of new epitrants Buyer power Supplier power Threat of substitution 1 pts Question 23 You own a foodtruck called Lola's wraps where you sell chicken salad, egg salad, and tuna salad wraps for $8 a meal. You entered this business because it only cost you $10,00 O to purchase the truck and install proper refrigeration. You don't need grills or ovens because all of your food is cold, which is a great cost savings to you. Which of the following of Porter's Five Forces should you be most concerned about? Buyer Power Threat of substitution O Supplier power Threat of new entrants