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Assume you have been hired as a consultant by NYU to assess and evaluate the forces that shape competitive strategy (i.e., risk of potential competitors/entrants,
Assume you have been hired as a consultant by NYU to assess and evaluate the forces that shape competitive strategy (i.e., risk of potential competitors/entrants, bargaining power of buyers, threat of substitute products, bargaining power of suppliers, rivalry among established firms) in undergraduate education. Briefly explain each force in generic terms, and then explain why NYU is in either a strong or weak position in the context of each.
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