What are the signs that a business model is failing and is ripe for a disruption?...

What are the signs that a business model is failing and is ripe for a disruption? Elucidate your answer in the following context – “e-Learning platforms are going to disrupt traditional education industry”.

Expert Solution

Signs that E-Learning platform are going to disrupt traditional education industry:

I) No attendance criteria: Most of the college have some strict attendance criteria.Now imagine a particular subject isn't interested in some particular student yet he is forced to attend that lecture just for the sake of attendance.In the end student has no knowledge,only attendance.

2) Flexibility: Online classes can be attended anytime,anywhere.Missed a lecture? no problem you can easily go to previous lessons.

3) Cheaper and time saving: E-Learning is far more cheaper as compared to traditional one and saves precious time in comuting as a person is no longer forced to attend regular classes.

4)Personalized learning: It often happens in traditional classrooms that a lot of information is presented in few moments,making it difficult for the students to pay attention and retain them.E-learning automatically takes away time constraint from learning process,enabling the learner to decide how much to take in.

Rahul Sunny answered 8 months ago

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