The threat of rivals/Competition" and "Competitor analysis

The threat of rivals/Competition" and "Competitor analysis 2 External Analysis-Mount Saint Vincent University The essence of formulating strategy in business is surviving competition. Mount Saint Vincent University is a public institution in Canada offering programs such as Arts, Education and many others. This study uses PEST analysis to determine whether the institution has good prospects for profits. In the market share fight, competition does not only manifest in the players, but it originates in an industry whose economics and competitive forces go beyond the present combatants in the field. Although most people complain about the state of affairs in the field, competition in the education industry is not necessarily a bad thing or coincidence.