Are Universities Cartels Essay Example | Topics and Well Written Essays - 1000 words

Are Universities Cartels - try ExampleThe entry of universities which atomic number 18 responsive to societal needs has a profound effect on American learning foodstuff (Dodgson et al 2009). In the oligopoly, learning institutions are driven by realise maximization. The United States commercialise entry and exit barriers are flexible. A telling example is the Stanfords ease online Robotics and artificial intelligence courses. In the previous years, the largest barriers to the education US merchandise entry convey been economies of photographic plate and strategic actions by the incumbent universities. Access to complex technology and government regulations in the US education market have relatively small impact on the market forces. The courses have attracted tens of thousands students. This has caused a jailbreak from the conventional approach in education market. Virtual subgroups between lecturers and students have affected the learning be (Tschang & Della 2001). The market trends have been altered as new ways of see the demand become introduced. These trends have indicated that the market position of the state universities is under severe threat. A telling example is the cooperation between AT & T and university of Phoenix on employee training. The culture of education cartels is losing ground as innovative ways of meeting education demands continue to gain ground (Tschang & Della 2001). ... Perfect competition and oligopoly in the American education market is demand products to be defined. A product is defined as a good or servicing produced by universities in an education market. Products and units of production affect the demand and supply forces in the education market. The handiness of products in the education market is directly correlated to pricing. Defining products and units of output is directly related to pricing. commercialise forces in the education market are overcoming the significance of collusion theory and competition is rising. Pricing is an grand aspect in the education market in the United States. In the study of education market in US, definition of productions and units of output affects competitiveness and brand equity profoundly (Dodgson et al 2009). Cartels within the handed-down university systems face direct challenges from virtual universities (Kreps 2004). The education market is increasingly becoming competitive leading to decreased prices in traditional degree programs as new programs take the center stage (Newman et al 2004). Programs and units are packaged in affordable and convenient methods e g the decrease in the cost of traditional courses and demand in virtual courses grows. (Dodgson et al 2009). Careful decisions are focusing on the nature of courses offered and the line of offering them. The universities are getting involved in corporate social responsibility. Technology has overcome geographic barriers through electronic learning (Tschang & Della 2001). The modern US univ ersities are developing other responsive measures of summit revenues and quality of services in an increasingly competitive education market. In conclusion, the American education market is experiencing