Tuesday, May 11, 2010

MGT 603 - STRATEGIC MANAGEMENT SOLUTION

Strategic Management ( MGT 603 )
SEMESTER SPRING (2010)
ASSIGNMENT

DUE DATE: MAY 13th, 2010                                                                              TOTAL MARKS: 20

“Key External Factors”
“As you have studied about external and internal factors in an industry analysis. Your job is to identify only the key external factors (Threats and Opportunities) of Virtual University of Pakistan. You should point out at least 10 Opportunities and threats of Virtual University. Furthermore your points should be in a bullet form and avoid any further explanation. “

Answer
 Following are the Key External Opportunities for VU to growth and progress in the business environment.
                     Governmental based Entity
                     Government approved.
                     Accredit and internationally recognized  
                     On board Experienced Teachers.
                     Organized network and staffing.
                     Stable educational Program, inclusive of online books, lectures & handouts.
                     Fast Growing & Emerging Customer needs (enormous youth population)
                     E-based Expanding global markets
                     Flexible schedule (e.g. 24 /7 availability of system)
                     Comparatively Low Fee and other charges.

The possible threats for the VU with respect to the external environment that poses a danger to its well-being.
                     Threat of New competitor
                     Foreign influence (many on-line international universities)
                     Funding will constrain educational reform.
                     Current law and policy has not kept up with reform objectives
                     Lack of funding will constrain appropriate staffing
                     Many Unfunded mandates
                     Lack of flexibility (example- charter schools have more flexibility)
                     Deficiency of staffing.
                     Requirement of updated Books and handout.
                     Lacking in new educational programs in line with customer need.
Vugurus. Powered by Blogger.

Popular Posts

Blog Archive

Labels

Imp Links

Followers

Total Pageviews

Subscribe for email

Blog Archive

Labels

Search

Loading...

About Me