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Porter’s 5 Competitive Forces

Threat from competitors is relatively high due to the presence of many learning centers in Uzbekistan that provide math lessons in English (RIKS Education, Merit, Result)

Potential of new entrants pose moderate threat to the business owners since due to the pandemic measures learning centers have turned their attention to online segment of the market

Power of suppliers has a low threat to our business, because there are many suppliers of learning materials to choose from

The threat from the power of customers is relatively high, as stated before customers set the prices in the market due to the fact that there are many competing learning centers

Finally, threat of substitute products is low, yet present. Self-learning materials and improved quality of education in schools and colleges can eliminate the need for extracurricular math courses in the long-run