Author Question: What prompts the continuing interest in starting new restaurants despite the high failure rate for ... (Read 68 times)

jhjkgdfhk · **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?

sailorcrescent · **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.