ABC University's Online Education Business Plan - ISYS228 Analysis

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Added on  2022/11/25

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AI Summary
This report outlines a business plan for ABC University's online education initiative, focusing on providing IT education to students in remote areas. The plan explores the implementation of e-commerce models, specifically B2C and B2B, to facilitate online learning. It analyzes potential revenue growth, cost leadership strategies, and the importance of data security measures, including strong passwords, social engineering protection, and regular data backups. The report also emphasizes the need to maintain updated systems and review third-party integrations to ensure the security of sensitive student data. The project aims to extend the university's services beyond geographical limitations and provide flexible learning opportunities to a wider audience.
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ABC University
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Background
This presentation discusses about ABC University
University wants to provides online service
Scope is to provide a business plan
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Competitive advantages
Usage of cost leadership strategy will be providing a competitive
edge
Needs to chose a cheaper alternative
Buyer needs to have a proper reason to shift the buyer
Unique service needs to be provided
New entries might be present
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Business Model
The business model that are to be implemented are namely: -
1. B2C e-commerce
2. B2B e-commerce
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Project Outcome
An increase in revenue has been seen in a drastic level
An increase in monthly revenue is also seen
Highest quarterly income is seen in between the month of April and
June
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Recommendation
Implementation of strong passwords
Protecting the devices
Steel with attempt of social engineering
Storing the data that are needed:
Keep the site up to date
Switch the network to HTTPS
Backing up the data
Review the plugins and other third party integrations
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References
Aithal, P.S., 2016. Study on ABCD analysis technique for business models, business
strategies, operating concepts & business systems. International Journal in
Management and Social Science, 4(1).
Akter, S. and Wamba, S.F., 2016. Big data analytics in E-commerce: a systematic
review and agenda for future research. Electronic Markets, 26(2), pp.173-194.
Burns, P. and Dewhurst, J. eds., 2016. Small business and entrepreneurship. Macmillan
International Higher Education.
Cai, L., He, X., Dai, Y. and Zhu, K., 2018, September. Research on B2B2C E-commerce
Website Design Based on User Experience. In Journal of Physics: Conference
Series (Vol. 1087, No. 6, p. 062043). IOP Publishing.
Chaffey, D., Hemphill, T. and Edmundson-Bird, D., 2015. Digital business and e-
commerce management. Pearson UK.
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