Business Research Method2 Essay Example | Topics and Well Written Essays - 2250 words

Business Research Method2 - Essay Example The metamorphosis of education industry is visible at all levels such as primary education, secondary education, higher education, adult education and alternative education. The change has been with the curriculum, learning modalities, teaching, technology, and economics. Education at preschool levels: Education at the preschool level has seen enormous changes in the last two decades. Preschool or Childcare was initially started with an intention to serve those working couple who have to leave the child in a creche, which can take care of the child during the day. Gradually these creche started converting themselves into education providers for the little toddlers. Creches not only provide care for children of working mothers but also play an educational role, with the pre-school education play a key part in child's development (Vlok 1996, pg.403). These schools fulfills the basic issues which the parents would like their children to achieve including personal, social, and emotional development apart from communication, knowledge and understanding of the world Since the initiation of the globalization process, the education industry has changed completely. Now educational institutions can spread their wings globally to any part of the world where potential exists including in developing but potential countries like China, India, etc. Educational institutions try to enter new markets through entry strategies like the franchisee system. According to a report â€Å"the preschool industry in India accounts for 985million$ and the largest chain of pre schools in India comprises of just 550 schools, less than 4% of the total market potential of 15,000 preschools†. (Kumar 2008). Though the above mentioned fact, it is very clear that in a country like India there is a huge potential to start preschool businesses. Modern pre schools which would like to distinguish from the rest and stay away from cut throat competition, now offers other extra curricular activitie s to the children who enroll with them like playing, teamwork, self help skills, scientific thinking, creative arts, etc. As far as the pre school industry is concerned the competition is from the unorganized sector. Parents wanting to put their wards in the best schools located at far away places have left many a school go vacant in the UK. In December 2008, revised school admission code was formulated and was presented in the parliament. One of the agenda is to â€Å"improve the application process so that parents can apply for a school place to the local authority in which they live, instead of the authorities where their preferred schools are located† (nfer.ac.uk) With the visible improvement in the lifestyle of the people, the demand for a well structured, branded pre-school will grow leaps and bounds in the years to come. â€Å"The preschools which have a good track record and look for new things to inculcate in their curriculum remain successful. Moreover, the educati on and training sector is ever growing and everyone wants to try his or her hand at it.† (Arora 2010). The other issue plaguing the pre-school sector is the shortage of teachers, which has become a universal challenge. The global teaching force in primary education has expanded since 1971 but, has slowed down ever since 2000. In primary education sector, education providers who can provide a decent pay to the teachers could stay afloat in serious competition.