"Randy owns his own sub shop in Charleston, SC. He has experienced great success over the years and his shop is known for their double stacker sandwich. Randy notices one day that a new local sandwich shop opening just a few blocks from his shop. This new shop is promoting their famous French bread footlong. Which of the following would help Randy BEST prepare for a situation such as the one above?"

		Randy should analyze the bargaining power of suppliers
		Randy should analyze the rivalry of its industry competitors
		Randy should analyze the threat of substitutes
		Randy should analyze the threat of new entrants
		Randy should analyze the bargaining power of buyers