GrubHub company
Forecast the Future Profitability [or lack of it] of industry Y.
* Company: GrubHub
the company is GrubHub.
Forecast the Future Profitability [or lack of it] of industry Y.
How is the structure of the industry Y likely to change over the next 5 years?
As a result of these changes, is the industry likely to be more or less profitable over the next 5 years as compared with the last 5?
Which companies are likely to be most successful over the next 5 years?
Answer preview
GrubHub is a company in the internet service industry where it offers online food delivery services and provides a mobile ordering platform. GrubHub’s highly responsive website and mobile applications have helped the company has partnered with many restaurants thus attracting diners in different localities (Titone, & Goch, 2018). Considering that the internet industry is expanding, a forecast of the future profitability for GrubHub would increase slightly in the next five years.
The structure of the internet service industry is likely to change in the next five years. For instance, the emergence of new technologies will require companies to invest heavily in acquiring new innovative tools to improve service delivery. Additionally, network costs might also double since internet…
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