Wednesday, October 9, 2019
Key Issues in the Development E-Business Strategies Relating To the Essay
Key Issues in the Development E-Business Strategies Relating To the Education Sector in UK - Essay Example The researcher states that an internal audit and competitor analysis would help evaluate the stand that Conde Nast has taken. This can be through SWOT analysis and Porterââ¬â¢s Five Forces Analysis. SWOT analysis reveals the internal strengths and weakness which helps the organization evaluate the opportunities that the market presents. It also makes the organization cognizant of its weaknesses which can help it revise its strategy. Enjoys excellent reputation and authority of the brand which puts them in a strong position to teach and inspire the fashion and decorating talent of the future. The college principal designate is the editor of Easy Living and has been the deputy editor of Vogue for five years. The editor-turned teacher would be a valuable connection for the students as they would receive practical knowledge of the industry. Because of their links with the fashion world, they would be able to offer unique insights into the industry. The group creates and develops lifes tyle and business brands online. They have a stronghold in the fashion industry. They also have online and e-commerce experience because of their base unit ââ¬â publishing. Conde Nast has no prior experience in the field of education. A major lifestyle and publishing house getting into education is something that may not be very attractive to the prospective students/fashion designers. The editor, named as the Principal, has no teaching experience. They may have problems securing internships for their students because of lack of educational background and especially in the field of fashion. They have yet to find a director with experience in the field to run the school. They have been losing revenue in their publishing as there has been a shift from traditional advertising to digital advertising. They need to have collaboration with a University of repute to be able to award degrees. They intend to offer a ten-week intensive course as well as a one-year fashion foundation course . By using the editors as teachers the Group also ensures they get the designs they want to feature in their magazine.
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