In: Economics
Write an integrative literature review of no more than 1000
words using the
thematic structure. You can use the following structure for your
literature review;
1. Introduction
1.1 Background
1.2 Research Questions
2. Methodology
2.1 Search strategy for sources
3. Results
Organize the findings of your review into themes according to your
research questions
4. Discussion
5. Conclusion
5.1 Recommendation for future research
5.2 Practical implications
the topic about Implementing e-learning with adult English language learners
State interference is must
for optimum level of social education as private players tend to
charge exorbitant fees which causes market distortion and
accessibility to education gets plummeted. State interference causes correct
dissemination and implementation of social education through
subsidised fees and ensures penetration is large. Appropriate level
of schooling is where basic life sciences, safety, sex education,
disaster prevention and practical learning is imparted to become
self sufficient and morally responsible. This creates positive
externality as individuals get transformed and their thinking is
rewired to extent which prevents them from doing unethical and
illegal actions.
Education in less developed and developed countries is largely scattered and not proliferated amongst masses which causes richer sections to leverage education facilities and grow richer however the poorer sections face inaccessible and unaffordable education services which alleviates poverty and thus income inequality gap widens due to massive unemployment amongst poorer.
Higher education is best suited for mix of both low cost Leadership and High differentiation players like Udemy, Coursera and EdX in the market who deploy low EMI model payment and ubiquitous education learning from top institutions at ease of flexibility and adjustability.
Focussed providers like Toastmaster International is very specific and limited to single domain and hence sustainability and growth is not so great vis a vis compared to above low cost and Differentiation players.
Big data helps these players in fraud detection, customer segmentation, customisations of products based on preference through uniqueness in customer datasets. This hekps leaders take strategic action and invent products which caters largely to students demand with respect to pricing, packaging, product, perception.
Data points like student academic, age, existing degree, work experience all determine the best course of products mix offered by education institutions through massive open online courses in collaboration with Top 100 Institute across globe.
Newly established companies like Byjus in India which is largest
edtech company offers complete Blue Ocean Strategy with excellent
diversification into product offerings and unique content delivery
model. They began wkth kow cost to grab maximum customer base and
become numero uno player in market and remain competitive at same
time gain first mover advantages.This hekps them acquire smaller
rival companies as they grow in size.