For an Organization You Are Familiar with, Examine the Alternative Business and Revenue Models Afforded by the Internet and Assess the Options for the Type and Location of E-Commerce Transitions.

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The University of Technology can benefit from alternative business and revenue models afforded by the internet. The University of Technology is thought to be the Mecca of technical education in Jamaica. In today highly technical continuous learning is inevitable for any individual or industry to remain viable and competitive. The challenge has been to find innovative ways to access life-time education while still maintaining a hectic work, social and family life. The availability of reliable high speed internet, quality video and audio software are some of the driving forces behind the success of e-learning initiative across the world. The University could significantly expand their reach by offering courses online to students and organizations in need of training or certification. I would not recommend the e-business model as complementary revenue generating business channel with it main purpose to grow the company’s business and not to cannibalize existing business models. The distance education e-business model would significantly increase revenue by allowing delivery to wider audience while saving on costs such as electricity, water, security, furniture etc. Business model in online education are normally developed around one or more of the following business fields: E2B Education to Business (Corporate E-learning) E2E = Education to Education, University professors other educational institutions E2C = Education to Consumers (E-Learning focusing on the private sector) In addition to generating revenue from online education delivery the school could also benefit from offering advertising slots on their e-learning site. As web traffic increases to the school’s website it may become a target for online marketers seeking prime spots to market their products and services. In my opinion a school website would be take advantage of various advertising revenue

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