Porter's Five Forces Assignment:
Miss Carli has just graduated from the Hospitality program and is set to open up a Portuguese cuisine restaurant, a mid- range menu of $20 with drinks per person, on Ossington Avenue somewhere between Queen St and College Ave. (An influx of bars, restaurants and boutiques has transformed the stretch of South Ossington between Queen and Dundas into Toronto's best three blocks for drinking and dining.)
Utilizing Porter's Five Forces analyze the level of competition Miss Carli will face in the area. I am interested in you working though each force rather than just stating whether Carli should or shouldn't open up. Support your analysis with empirical facts where you can.
Threat of new entrants:
Power of buyers:
Power of suppliers:
Threat of substitute products:
Intensity of competitive rivalry: