- KEY ECONOMIC PRINCIPLES I’M ADDRESSING: Scarcity of the restaurant industry
- OVERALL RESEARCH QUESTION: How do entrepreneurs in the food industry manage scarce resources in order to be successful ?
- SUB QUESTIONS
- What is the reason that first year restaurants go under so often?
- How do restaurants in the first year make a profit?
- What is the difference between the restaurant that have same selection of food that are successful and not successful?
- How do restaurants get in such big debt in the first year of opening?
- RESOURCES:
- WEBSITE: CNBC
- DATABASES: GLOBAL ISSUES
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