Describe any three environmental changes that you expect to have major impact on the following industries: (iii) Education Industry.
CS Professional · Strategic Management and Corporate Finance · PYQS · June 2024
Describe any three environmental changes that you expect to have major impact on the following industries: (iii) Education Industry.
Answer & Explanation:
All the environmental forces impact industries in varying degree. Over a period of time, these may change and oscillate between dominant factors and insignificant factors. Education Industry: Macro environmental factors such as Technological, Economic, Demographic, Social, Legal and political factors Changes in government policies, Proposed Higher Education and Research Outlays Privatization of Higher Education International Universities Availability of soft loans for higher/ professional education Attitude towards education Mobility of students Income Job opportunities
Topics: Environmental Analysis
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