...EDUCATION BUSINESS- THE BACKBONE OF DEVELOPMENT India’s education sector currently offers an estimated US$40 billion market, with a potential 16% five-year CAGR (compound Annual growth rate). Education has long been receiving the major wallet share of the Indian middle class. The Indian middle class is expected to expand significantly, from 300 million people today to 583 million people in 2025. As Indians continue to climb the economic ladder, the composition of their spending will change significantly. Spending on education is expected to grow by 11% over the next 20 years. Also, an increase in GPRS use and the introduction of 3G technology in India should also give a boost to concepts such as e-learning in the country. The Indian education market has witnessed a series of developments and changes in the last few years, which resulted in a significant increase in market size of the education industry compared to previous years. The present Indian education industry is in its development stage. With increasing per capita income, national economic growth and enhanced technology it has become necessary to develop the structure of the Indian education sector. Private players have taken several initiatives for development of education infrastructure and quality. The emergence of new segments like e-learning and V-SAT training is slowly shifting the education market towards new heights. Education today is perceived as an Investment in both Urban and rural areas, people slog...
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...BEIT 337 Business Education Professional Development Paper (40 Points) Reflection Paper and Lesson Plan Information technology and web design are key components of middle and high school business curriculum. In this assignment, you will reflect on your own learning experience in BEIT 337 and design two lesson plan outlines. The assignment is due Friday May 8 11:59 PM. Requirements 1. Complete the following reading assignments a. In preparation for your business teaching career, familiarize yourself with Indiana Department of Education (IDoE) Academic Standards Course Framework for (1) Information Communication and Technology and (2) Web Design. b. While your knowledge of information technology and web design is key, you also need to know how to teach them. This NBEA Yearbook chapter covers information and web technologies teaching strategies and practical tips 2. Reflect on your own spreadsheet, database, HTML, and web design learning experience in this class (e.g., concepts and skills that were easy or challenging to you; instructional and learning activities as well as study / work habits that were most helpful to you). Prepare a two-page, double-spaced reflection paper. 3. Create two lesson plan outlines. Select one IDoE academic standard on spreadsheet (e.g., ICT-3.4) or database (e.g., ICT-5.1) software and one academic standard on web design (e.g., WD-2.6). Design a lesson plan for each standard. You must reference instructional...
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...Constructivist Pedagogy for the Business Management Classroom In (Partial) Fulfillment of the Requirements for Basic Communication 25 (Research Writing in Discipline) By Benosa, Mark Joseph Gyoungseok, Lee Sanchez, Ann Marie Gabrielle February 2011 Sentence Outline Thesis Statement: Although, most College of Business Administration teachers prefer to use the conventional way of teaching, management students would learn best through the learning-by-doing/Constructivist approach because it provides first had experience in the business world and it challenges students way of thinking. Introduction: Business education and learning has become challenging over the last few years. The knowledge gained in university education is met until they write and pass their examinations (Gill &Lashine, 2003). Transferring knowledge from the classroom to the workplace has become one of the most important goals of business education. Basic skill development along with sound knowledge of workplace environment has become crucial in the education scenario. Whilst the most important skills needed for the business graduate in this era of globalization are technical skills, analytical skills, communication skills, multi-disciplinary and inter-disciplinary skills (Gill & Lashine, 2003) and whereby universities are educating and training students for the labour market to be professionals and business specialists, academicians...
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...IT for Business project report Industry: Education coaching industry Organization: Triumphant Institute of Management Education Pvt. Ltd. (T.I.M.E.) Introduction Examination-oriented tuitions have grown into an industry due to rising aspirations, combined with the falling quality of mainstream education. It has become a part of Student's daily routine. As many as 83 per cent of India’s high school children juggle time around school, extra-curricular activities, and tuitions at these coaching centers, according to a 2012 report by the Asian Development Bank (ADB) Among the better known ones are Aakash Institute, TIME and FIITJEE. They focus on exams such as the IIM Common Admission Test, Management Aptitude Test, IIT Joint Entrance Examination, as well as international exams such as GMAT, GRE, IELTS and TOEFL etc. To understand various critical success factors of these coaching institutes and how IT can help to grow them better, we have chosen the Triumphant Institute of Management Education Pvt. Ltd., which is popularly known as TIME. Question 1: Select an Industry and an organization within the industry. Identify its Critical Success Factors. Classify the CSFs according to whether they are industry-related, specific to the organization or related to the external environment. In this exercise you may first identify the generic competitive strategy or the desirable strategy of the organization and the industry structure, based on which identification...
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...between customers and service providers, and we should not view the education as a business. Firstly, education is totally different from business, so we could not use business principle and relationship to require or define education. Normally, in the business relationship, customers know what they want, and they will make their own decision of which product to buy. All the things the businessmen need to do is to provide the customers the product or service. But in education, the relationship is totally different. Normally, students just know they want to learn some knowledge in a certain filed, but most of them do not know how to learn and what to learn, so professors’ responsibility is much more than businessmen's. The professors not only need to teach their students the knowledge they should learn, but also need to tell them how to learn and how to use these knowledge. The relationship between professors and students is not just a simple relationship between providers and customers. This relationship means more responsibility than the business relationship. Secondly, as I mentioned above, the relationship in education means more responsibility than the regular business relationship, but in my mind, the responsibility is not just to students, but also to the whole society. We all know that the goal of the most business companies is to make profits as much as they can, but I believe that almost all the education institutions' goals are the same, it is to provide our society talents...
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...The Effectiveness of Business Ethics in Education and Today’s Workplace October 13th, 2012 Introduction What do Bernard Madoff, Kenneth Lay and Rob Blagojevich all have in common? They all operated with no apparent ethical behavior even though each had received educational backgrounds in which ethical business practices were taught. As L. Zingales states, “While every firm can have its bad apples, when these apples are at the top, it suggests that a company has either a corrupt culture or a defective selection process, or both.” (Zingales, Jul 16, 2012). In Madoffs case, the Ponzi scheme had been going on since the early 1990’s (Morrissey, Aug 11, 2009). Under the direction of Kenneth Lay, Enron- once one of the largest companies in America- collapsed in bankruptcy and ruined the lives of thousands of people (McLean & Elkind, May 18, 2006). The Chicago Tribune reported that the Illinois House of Representatives was sending to the Illinois Senate a “13 point article of impeachment-a political form of indictment-alleging Blagojevich has abused the power if his office” (Pearson & Long, Jan 9, 2009). The purpose of this paper is to gauge the Effectiveness of Business Ethics in Education and Today’s Workplace. As business students they graduate from the university setting and enter the business environment they study the ethics in their workplace culture and often find that educational ethics training does not have any value in the work world. “Studies...
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...HUMAN RESOURCES MANAGEMENT AT TERTIARY EDUCATION LEVEL IN NIGERIA: IMPLICATION FOR BUSINESS EDUCATION ABSTRACT The paper observes that Nigeria higher education Institution have fallen short on expectations, their product (Tertiary Education level) lack the skills required by the labour market and this trend results in mass graduate unemployment since they would have assisted them to be self reliant. The study investigated the relevance of higher level business education, human recourses management and how it’s being handled at tertiary Education level in Nigeria. The ever increasing pace of technological charges in the fields of business and economy generally has rendered the teaching of business skills and the training of skilled manpower ever more challenging. The problem posed by this development is the search for graduates and competent business educators with the knowledge and skills needed by employers of labour in business offices, industry and public sector. The task of producing skilled human resource management at tertiary level, productivity and efficiency in society lies with skilled trainers and the quality of training institution. The implication of business education of a virile higher level skilled worked force for the economy is critically analyzed and recommendations are made to relevant public especially the university and its tutors. INTRODUCTION The rapid development of any nation depends largely on the caliber of its youths, most sector of...
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...Capitalism is an economic system based on the private ownership of the means of production, with the goal of making a profit.[1][2][3] Central elements of capitalism include capital accumulation, competitive markets, and a price system.[4] There are, however, multiple variants of capitalism, including laissez-faire, welfare capitalism, and state capitalism. Capitalism is considered to have been applied in a variety of historical cases, varying in time, geography, politics, and culture. Discussing the impact of capitalism on culture can be difficult. In what way is “capitalism” responsible for a given aspect of culture, indeed can any aspect of culture be said to be a product of “capitalism”? Yes, certain aspects of culture and society can be said to be a product of “capitalism”, but defining how and why something is said to be a product of capitalism is very important. Some of the key concepts relating to an analysis of the effects of capitalism on culture are profit motive, commodity, human desire, and the market economy. The capitalist system is based on private ownership and consolidation of the means of production, where the production of commodities is guided by profit motive to satisfy human desires Definition: Materialism is the importance placed on material possessions. Someone with a high level of materialism, described as "materialistic," considers material possessions to be central to their life and their identity, and focuses a good deal of their energy on acquiring...
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...CHALLENGES FACING E-LEARNING (ELECTRONIC LEARNING) IN TEACHING BUSINESS EDUCATION COURSES: STRATEGIES FOR IMPROVEMENT BY JIMOH-KADIRI SIDI OSAMUEDE (MRS.) AND BUPO GODWIN OMONI Dept of Vocational Education, Nnamdi Azikiwe University, Awka BEING A PAPER PRESENTED AT THE ANNUAL NATIONAL CONFERENCE (THEME: E-LEARNING IN NIGERIA: PROBLEM AND PROSPECTS) ORGANISED BY THE FACULTY OF EDUCATION, NNAMDI AZIKIWE UNIVERSITY, AWKA. 31ST AUGUST – 3RD SEPTEMBER, 2010. CHALLENGES FACING E-LEARNING (ELECTRONIC LEARNING) IN TEACHING BUSINESS EDUCATION COURSES: STRATEGIES FOR IMPROVEMENT Abstract Electronic learning (e–learning) which is one of the by-products of information and communication technology has changed many aspects of life and opened a wide vista of opportunities for people. This paper discusses the challenges facing e-learning in teaching business education courses. The need for e-learning in business education is also discussed. Subsidized or free in-house computer literacy training programmes for business teachers and students and provision of adequate info-tech facilities to academic Institutions are among the recommendations made for improvement in the teaching and learning of Business Education courses through e-learning technology. Introduction One challenge that faces the profession and practice of business education and indeed the whole of mankind is the progress and innovation offered by technological developments since mid 1990s. The emergence of information and communication...
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...– The Case Review “Conclusions that Validate the Critical Value and Benefits of Including an Academic Business Education within the Medical School Education Curriculum” About 172 medical schools in the USA have the responsibility and capability to provide a formal business education during the students’ medical education. The perpetuating professional advantages for both young doctors, the medical school itself, the integrity of the medical profession, and the healthcare of our nation is no less than paramount to a medical history making endeavor. If the true purpose and objective of academic medical scholars is to fully prepare medical students with the knowledge, experience, and training necessary for the highest...
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...Brilliant Minds Academy, LLC Business Plan Name, CEO Name, CFO Name, COO Name, CMO Address of School Confidentiality Agreement The undersigned reader acknowledges that the information provided by Brilliant Minds Academy, LLC staff in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of Brilliant Minds Academy, LLC. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means, and that any disclosure or use of same by reader may cause serious harm or damage to Brilliant Minds Academy, LLC. Upon request, this document is to be immediately returned. ___________________ Signature ___________________ Name (typed or printed) ___________________ Date Table of Contents I. Table of Contents 3 II. Executive Summary 4 III. Company Description 6 IV. Marketing Plan 8 V. Operational Plan…………………………………………………………………………… 22 VI. Financial Plan 32 VII. Exit Strategy 39 VIII. Appendices & References 41 Executive Summary Brilliant Minds Academy, LLC (BMA) will be a private school that offers group tutoring, individual tutoring, and a student supply store. BMA is scheduled to open on August 13th, 2012 at 113 Cumberland Avenue in Madison, Tennessee. The school and tutoring programs are on a year round schedule where the classes will meet for 45 days...
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...[pic] [pic] ------------------------------------------------------- ------------------------------------------------------- BUSINESS PLAN VISION INC. Sylhet, Bangladesh. 3100 Tel. No: +884204201-9 Fax: 8829882948-51 E-Mail: Vision@yahoo.com; Vision@gmail.com;Vision@hotmail.com Web: www.vision.com. Contact Surajit datta Nirupom chakrabarty BBA, MBA, PHD in Marketing BBA, MBA; PHD in EEE Cambridge University. Harbart University. Founder and CEO of (VI) co-founder and CEO of VI 11-Lamabazar, Sylhet, Bangladesh 36-Medical, Sylhet 3100. Bangladesh 3100 Tel. No:01711012577 Tel. No: E-Mail:Shuvradatta@hotmail.com E-Mail: Fax: 8829882950 Fax: 8829882951 TABLE OF CONTENTS: 1. Executive Summary 03 2. Background & Purpose 05 2.1. History 05 2.2. Current Situation 06 2.3. The resource based concept 06 3. Objectives 07 4. Market analysis 07 4.1. Overall Market 07 4.2. Specific Market 07 4.3. Competitive factors 08 4.4. Micro environmental Influence 08 5. Development and Production 09 5.1. Production Processes 09 5.2. Resource requirements 10 5.3. Quality assurance 10 6. Marketing 10 6.1 Overall Concept and Orientation 10 6.2. Marketing Strategy 11 ...
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...Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall 1-1 6. Describe the drivers of EC as they relate to business pressures and organizational responses. 7. Describe some EC business models. 8. Describe the benefits and limitations of EC to organizations, consumers, and society. Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall 1-2 • electronic commerce (EC) The process of buying, selling, or exchanging products, services, or information via computer • e-business A broader definition of EC that includes not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners, and conducting electronic transactions within an organization Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall 1-3 Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall 1-4 • OTHER EC CONCEPTS – Pure Versus Partial EC – EC Organizations • brick-and-mortar (old economy) organizations Old-economy organizations (corporations) that perform their primary business off-line, selling physical products by means of physical agents • virtual (pure-play) organizations Organizations that conduct their business activities solely online • click-and-mortar (click-and-brick) organizations Organizations that conduct some e-commerce activities, usually as an additional marketing channel Copyright © 2010 Pearson Education, Inc. Publishing as Prentice...
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...Club IT part 2 Mark Reis Xbis/219 August 18, 2013 Katherine Escobar Club IT part 2 Ruben Keys and Lisa Tejada along with many other business owners understand that information system technologies will let their originations to compete and flourish in the market place. Lisa, Rubin, and a systems consultant have analyzed the current information system status and during this analysis they have identified three areas that need improvement. This prompted Lisa and Ruben made the decision to upgrade their information management systems. The first problem their information system identified was neither Lisa nor Ruben were not up-to-speed with e-commerce. The second problem is that their computers are old and out-dated along with that their Internet connection was the old hard-wired system that plugged directly into the computer. The third problem, they need a better way to keep track of customer orders along with keeping track of inventory. A “Water Fall” method was Lisa and Rubens choice of method to use in their systems analysis (Wiley Higher Education, 2006). Current Information System Lisa and Rubin use their information system to help run their business and in their decision-making process’ (Wiley Higher Education, 2006). Their intranet and using the Internet helps them search for and retrieve needed information quickly. The web site has a login for employees, and they can access their personal information like, how many hours they...
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...Globalization has brought in many changes in the business scenario with the whole world inching towards a big market place. Communication between buyers and sellers become critical as each can opt to explore a greater number of alternatives than before. E-commerce through the use of internet, e-mails, websites and other facilities enables a businessman to be linked with every corner of the world and thus opens up greater opportunities in the world market. As a signatory of WTO practices Bangladesh has accepted The Code of Good Practices of WTO agreement on Technical Barriers to Trade. E-commerce facilitates the very process of International transactions; this involves securing and finalizing a contract, delivery of a product and finally payment for the performance of the product. The movement of goods and services and payment mechanism within a country and outside of a country is governed by regulatory and legal issues. Though Bangladesh Govt. has a strategic vision and policy framework to boost up e-commerce, a lot of factors are also hindering the way of doing E-commerce. Definition of E-Commerce: E-Commerce refers to the process of buying or selling products or service over an electronic network. The most popular medium in which e-commerce is conducted is the internet. It combines a range of process such as: • Electronic Data Interchange (EDI). • Electronic mail (E-mail). • World Wide Web (WWW). • Internet Applications. • Network Applications. ...
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