Question

Assess and investigate the potential impact of the risk factors you’re your organisation faces
The coronavirus epidemic has changed the way organisations are working.   

a)   Your task is to assess the impact of the epidemic on your college .
Use an appropriate business analysis model for your analysis.
Pestle?

• P – Political:
• E – Economic:
• S – Social:
• T – Technological:
• E – Environmental:
• L – Legal:

Answer 1

Impact of coronavirus epidemic in college: -

TECHNOLOGICAL IMPACT: -

  The Indian education system follows face-to-face or physical teaching, Renowned universities in India such as the University of Delhi are offering online classes to its students already. But many higher education institutes in India are not equipped with such facilities. In the event of such a gap, some students might face the brunt brutally, which might affect their entire academic year. Unless we adopt from countries where the standard of education is far more advanced & flexible compared to ours. In the event of COVID-19, online teaching has become a requirement for not only for my college but worldwide to look for innovative solutions in a short period of time and to always have a Plan-B in place.

ECONOMIC IMPACT :-

Students are not able to submit their college fees. Due to which the college is suffering a lot of economic losses and also. Due to delay in fee submission college teachers are getting their salary cut.

And due to this covid epidemic there will be Reduction in the number of children who were going to take admission in the next session due to covid 19.

ENVIRONMENTAL IMPACT :-

Due to the closure of the college, the buses which were in the college are also no longer running, due to which the pollution has dropped to a great extent. So it's somewhere a good thing for our environment.

SOCIAL IMPACT: -

students are now no longer physically in colloge after the closure of universities across many jurisdictions. The disruption in education and learning could have medium and long-term consequences on the quality of education, though the efforts made by teachers, administrations, local and national governments to cope with the unprecedented circumstances to the best of their ability should be recognized. So, due to this epidemic the education level of the people living in the society is decreasing..

LEGAL IMPACT: -

The college has to stop its GD/PI process for placements. There are chances that the 2020 placement season may witness a dip as the World Economy is going through a massive decline.

POLITICAL IMPACT: -

Students across Indian educational institutes need to be promoted to the next class without exams to balance out the irregularities of online teaching. Even if some institutes manage online classes, we don’t have the technology for interactive learning across the country—especially in rural India where resources are limited.