The Planning Process Of Flat World Knowledge - 856 Words

Planning is The first step or key component in the P-O-L-C framework process which is seen as a critical management element. However, the planning process consists of several steps that involve environmental scanning, setting, objectives and determining the course. Therefore, all organizations must be aware of the changing trends that there are up against in an attempt to forecast the future to obtain the competitive edge (Carpenter, Bauer, Erdogan, Short, 2013). Therefore, the planning process is know different for the founder of Flat World Jeff Shelstad and Eric Frank. The type of planning the founders of Flat World Knowledge is in engaging in is their mission that â€Å"personalization and affordability changes everything† (Flat World Knowledge, 2015). Flat World does this by offering lower cost of digital textbooks because the cost of textbooks today is a major issue for most students attending college. The Gates Foundation study indicated that two reasons why students drop out or do not go to college is the cost of books (Joyner, 2013). Therefore, by Flat World living up to their mission by making textbook affordable, this gives students the opportunity to pursue their dreams. Not only does affordability provide opportunity, it also provides a competitive advantage. However, another competitive edge that Flat World Knowledge possesses is that it is affiliated with non-profit groups and other non-profit educational ventures, to offer varieties of textbooks affordableShow MoreRelatedVarious Scopes of Web Designing Essay552 Words   |  3 Pagesare the lifelines of the web. Therefore career scope in web planning is tremendous and career opportunities are smart. With the inevitable need of internet sites for any website designing company Chennai, search for efficient net designers, is ever compelling. 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The implementation of technology allows teachers to use differentiatedRead MoreEnvironmental Scanning Is A Critical Piece Of The Planning Process907 Words   |  4 PagesEnvironmental scanning is a critical piece of the planning process in the POLC framework and â€Å"means that planners must be aware of the critical contingencies facing their organization in terms of economic conditions, their competitors, and their customers.† (Carpenter, M., Bauer, T. (2009). Introduction to Principles of Management. In Principles of management (p. 9). Nyack, N.Y.: Flat World Knowledge.) The American auto industry is no exception to this fact and must face the impact of shifts inRead MoreWhat Makes A Durable Wheelset Is Symbol Of A Good Buddy1549 Words   |  7 Pagesrounder tire profiles. This assists to guarantee that when on earth you are riding throughout side winds that you acquire even air flow, along with that you can continue your speed effortlessly devoid of experiencing a bunch of force. 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