MGT603 Assignment # 1

Question: "Key External Factors"
"As you have studies about external and internal factors in an industry analysis. Your job is to identify only the key external factors (Treats and Opportunities) of Virtual University of Pakistan. You should point out at least 10 Opportunities and Threats of Virtual University. Further more your points should be in a bullet form and avoid any further explanation."
Answer:
External Opportunities Virtual University of Pakistan:
Ø Virtual University of Pakistan is government based university.
Ø The study method Simple and same throughout the world.
Ø Affordable Fee for every student.
Ø The schedule flexible for every student.
Ø Same study language and standards for the various provinces.
Ø The University own broadcasting system.
Ø The services are very quick with high quality web site.
Ø The staff is efficient and highly qualified.
Ø The first Pakistani online University.
Ø Competitive edge with internet & computer skills.

External Threats Virtual University of Pakistan:
Ø Not available of updated video lectures and Handouts.
Ø Lack of new educational programs in line with customer need.
Ø Deficiency of staffing.
Ø Current law and policy has not kept up with reform objectives.
Ø Not yet gained much acceptance by him private sector industries. Not yet popular to accept the online MBA.
Ø Computer skill is a must, especially the one dealing with the internet.
Ø More time waste in written communication with students.
Ø Like of live presentation, negotiation and live interaction with teachers as compare to other universities.
Ø For the student, it is also costlt, since they need a desktop computer, or a notebook, with multimedia and printer.
Ø Student in distance leaning environment tend to have a lower level of satisfaction with the distance education course than do their counterparts in face-to-face instructional environment.