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Author Question: What prompts the continuing interest in starting new restaurants despite the high failure rate for ... (Read 66 times)

jhjkgdfhk

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on: Sep 11, 2019

Question 1

Can cruise line companies benefit from troubles elsewhere?
 
  What will be an ideal response?

Question 2

What prompts the continuing interest in starting new restaurants despite the high failure rate for the industry?
 
  What will be an ideal response?


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sailorcrescent

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Reply #1 on: Sep 11, 2019

Answer 1

Since cruise vacations are viewed as relatively safe and a fairly close-to-home leisure experience, cruise lines stand to gain from terrorist activity elsewhere in the world and unfavorable currency movements.

Answer 2

The low barriers to entry and the high visibility that can accrue to the proprietor continue to attract new entrants to this high failure rate industry.


jhjkgdfhk

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Reply 2 on: Sep 11, 2019
Thanks for the timely response, appreciate it

31809pancho

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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