Question

In: Operations Management

Does the West Buffalo Charter School seem most focused on the economic, accounting, or shareholder perspective...

Does the West Buffalo Charter School seem most focused on the economic, accounting, or shareholder perspective of its competitive advantage? Give information to support your view.  

(Please choose one of these perspectives and explain why a charter school would be focused on this perspective. For example, the charter schools are focused on the _____ perspective because ________.)

Solutions

Expert Solution

West Buffalo charter school should be much focused on the economic perspective of its competitive advantage, because charter schools are having objectives which are much different from public schools. They have to serve quality education at affordable cost, they use either tax payer’s money or they may be publicly funded, but they are not controlled by State Govt. Authorities, Instead, they are controlled by formation of Autonomous Body. As education is basic needs for all people, further, there are parents that they find many challenges to cover school fees, tuition fees and other expenditures as needed for their children, hence, they send their children to have quality education with all necessary needs at the charter schools. Charter schools usually established to reduce any Gap exists in the society, so they bring helping hands to parents and their children, eliminate burden of bearing huge cost of education by collecting funds from either public or Government or from community.

They have to make their system economic not only to fulfill their special objective of reducing educational gap in the community, also to gain competitive advantages. With gaining competitive advantages, they can improve service level and improve passing scores of the students. Hence, they need to be clearly focused on economic perspective as to outperform in the states or country while arranging quality education for students.


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