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4. Proposed Strategy:
We have observed that the macro factors of environment has favorable effects the Educational Sector, however, the growing education sector is increasing competition due to new entrants. On the basis of the above analysis of environmental factors affecting the institution internally and externally, I proposed the following Strategy.
1. Superior quality:
Services of COMSATS Virtual Campus are being recognized as the best available in the Education market. The more the students of virtual campus get jobs after completion of their education will increase the demand of students to get education from COMSATS Virtual Campus. The superior quality can only support the institution to contest in the market.
2. Latest technology:
The institute is also equipped with the latest technology. Technological advantage is indeed the biggest advantage. COMSATS Virtual Campus should equip itself with the latest technology that gives an edge over its rivals in the market.
3. Human capital:
One of the hot issues in todays competitive environment the trained and well equipped employees. COMSATS Virtual Campus have the advantage of a very professional team including foreign qualified experts. 4. Pricing Strategy: COMSATS Virtual Campus needs to access the buying power of clients/students in the market. It will decrease their tuition fee and also provide different scholarships to attract students.
6. Marketing Strategy:
Apparently COMSATS Virtual Campus does not have any critical weakness that can be harmful or any kind of problematic situation in current operations. But still as compared with the competitors, COMSATS Virtual Campus need to make effective marketing strategy. Assignment Submitted by:
Registration No:
Alla Uddin
CIIT/FA13-RPM-057/CVC