This paper will contain an analysis of Zephyr Teachout’s (2009) article, “Will the Web Kill Colleges”. The author discusses the implications online education is having on traditional brick and mortar institutions. The analysis will include information that supports and challenges the author’s perspectives on the future of our education systems. The argument and theory is then transcended to the analysis of implications the web is having on “Big Box” retailer, Best Buy. The analysis will conclude with a strategic plan of action for Best Buy to remain relevant in the consumer electronics industry with the increased competition coming from the web.
The evolution of the web has dramatically changed the way society acquires and disseminates information. This has had both positive and negative impacts on many industries such as education and retail. As the information available on the web expands, the number of industries that it will impact will also increase. Traditional brick and mortar destinations as we know them today will gradually become a thing of the past as society transcends into the age of convenience. Will the Web Kill Colleges?
It is anticipated that over the next 15 years, our educational institutions will make the transition to include a larger selection of online classes (Teachout, 2009). According to Teachout (2009), the number of online Colleges and Universities are also expected to increase, making traditional Colleges and Universities as we know them today a thing of the past. Teachout focuses on the benefits of online education to help support his argument. Benefits such as: lower tuition costs, schedule flexibility, the access to an abundance of free web resources, and less redundancies in course content (Teachout, 2009). According to Scholarships.com, (2012) the number one reason students do not go to college is due to the costs associated with attending. This evidence does help...