Essay - E-commerce in Education with Rapid Technological Advancement in the World...

E-commerce in education

***** rapid technological advancement ***** the world, no sector of economy can any longer afford to remain loyal to traditional practices and old conventional strategies. The changes adopted by individual ********** and industries can have a strong bearing on the overall structure of the ***** and on the way we previously perceived things (Clem*****s et al. 2001). The one sec*****r that has been slow to adopt technological change in the true sense is the education sec*****r which even if non-pr*****it in nature makes substantial contributions to the annual GDP. We must understand that ***** sector was only slow in adopt*****g electronic commerce opportunities while it swiftly embraced technology for on-campus instruction. L***** us know d*****c*****s this topic in detail and see how e-commerce has finally managed to find its way in***** the education sector.

The gradual yet successful entry of e-commerce in education is the result of rapid ***** ***** ***** commerce has brought about in the way we do business. Educational institutions also run on ***** same ***** principles that corporate sector follows i.e. maximization of profits while maintaining quality. In today's education environment, quality is given utmost importance ***** large ********** universit*****s ***** there are some colleges and higher education ***** that exist simply to make money while quality is given low priority. In both cases however, ***** is important and maximization of profits is important and for th***** reason most educational institutions are now looking ********** ***** to increase profits while at the same time offer convenience ***** students *****wide.

Colleges ***** universities ***** come to realize that by integrating e-commerce facilities in education, they can offer existing and potential students a more convenient w*****y of enrolling and receiving *****. Now college catalogues, application forms and almost every kind ***** pre-admission information is available online ***** ***** be accessed at a certain price. For example, filling out online *****s are not free of cost, sending an ***** application costs ********** between $50-$75. But since more students have access ***** online *****s than they have to offline brochures, a wider potential student body can ***** ***** applications ***** this results in massive revenues ***** ***** a small percentage of ***** ***** make it to the university ***** *****ir choice.

The sudden rise in the number of higher education institutions opting for a web presence for both admission and instruction purposes is probably the result of a study published by USA today in 1999. The headline of ***** study read, "Failure to tangle with Web may Jeopardize CEOs" and went into ***** *****s of how Internet is taking over our lives and those who fail to incorporate this technology will be left behind in the business race. Suddenly it became clearer that ***** and related technologies had an extremely profound impact on our lives *****d the way we previously did business. It *****n't take long ***** universities and ***** to understand that ***** ***** kind of impact, ********** failure ***** make use ***** the Internet would