Online courses require investments in technology to support the program delivery. There are enormous costs to establish new electronic infrastructure, create online resources, convert existing courses and develop new ones. This translates to relatively high initial capital costs. However, once courses are established, capital outlays are expected to decrease, although the numbers of users added on the system will necessitate more-frequent upgrades in Accountancy Online Exam Help. Although this may result in larger IT infrastructure expenditure, the use of cloud platforms may alleviate such costs. However, institutions may prefer to retain more-sensitive data internally.
- How many questions would be asked in the exam? What would be the pattern of the questions i.e. short answers, long answers or multiple choice questions in Online Accountancy Exam Help?
- How many chapters would be covered in the exams? How many topics are considered to be relevant for this semester in Accountancy Exam Help?
- Do we need to login into the student’s ID or we just need to be online and help students in completing their exams?
- After answering these entire questions we make sure that we would be able to handle the topics beforehand and not try to make any useless commitment to the students.
The Online Education industry exhibits a moderate level of capital intensity in Accountancy Exam Help. The establishment costs for online courses and online infrastructure are expensive and will push up capital investment for operators initially, but they could also allow institutions to reduce their wage costs over the long term.
Education is typically labour intensive, as teachers and support staff are essential to the learning process. Wage expenses for the Education and Training division represents about half of total revenue, the largest cost for institutions. However, the cost structure for online education industry differs from the conventional model because as a relatively new industry, most of its revenue is dedicated to marketing its capabilities. Furthermore, staff to student ratio is a relatively weak benchmark. This mode of education allows education providers to increase class sizes without requiring more teachers or buildings.
Some institutions in the United States have tried to reduce wage costs in online education by contracting experts (professors and academics) to develop online course content and then employing lesser-qualified staff to facilitate online classes once courses were established. This practice has not been as successful as initially anticipated. In many cases, academics and professors are still required for sufficient standards to be met. Where this has not occurred, students’ results have fallen and the institution’s reputation has suffered. Therefore, although there are opportunities for providers to reduce wage expenses through online course delivery, teaching staff will remain an important part of the education process.
Compared with on-campus training, the fixed costs and capital investment required by online education providers for Accountancy Exam Help will be less over the long term. This is because online providers do not require the same infrastructure in the way of buildings and equipment that physical campuses do.