Studying online requires self-motivation and time management skills because students no longer have a professor or someone who is physically there telling them to focus on deadlines. Online learning allows students to become more independent and self-disciplined it prepares them for the real world and having those qualities will distinguish them from others in a workplace. Not only do online courses prepare students with qualities that they would not learn in a traditional classroom, they are also cheaper. Students pay a tuition fee, an online application fee, possibly book supplies, and few other little things they may need but they save so much money. 
Students save themselves the expense of gas, a parking permit, on campus housing (which ranges from $8,000- $10,000), so much money is being saved. Many students dread taking out student loans and online courses now can help avoid taking out such large loans or any loans at all. Students are given a variety of different courses they can take by enrolling into online classes. Enrolling in online classes allows students to focus on the subject they want to pursue as a career. So many students are limited to what college to attend because their major is not offered or its too far away from home. Not only do online courses provide the advantage of a variety of different courses they also allow one to get through the courses quicker than a traditional class at a college. Students are not the only ones receiving benefits from online education, the professors are as well. Professors can provide an individual pace for their students. 
As a professor, one can upload a video of the lecture or a presentation that students can refer to when they have questions. In a traditional classroom professor make it noticeably clear that they will explain the material once and if the students learn it then they learn it if they do not then they are at a disadvantage. In traditional classrooms students go to the extreme of recording the lecture just so they can refer to it, with online classes that is no longer necessary. For professor’s online education brings a reduction of workload. Professors have the advantage to focus more on the students instead of focusing on grading every assignment they have assigned through the semester. Professors have more time to put together a lecture that will have all the information necessary to pass an exam. It also makes it easier to put together an exam and grade an exam. 
Online education allows teachers and students to keep track of assignments and the time of their submission which avoids the dreaded conversation that one turned in the assignment on time but the teacher never received it. Online education provides practical benefits for professors and students. Individuals that are set on taking traditional classes or professors that teach traditional classes say that the disadvantages outweigh the advantages of online courses for multiple reasons. These reasons begin with online classes being more work, or the requirement of self-discipline, and continue with claims about little to no face-to- face interactions in online courses. Online courses require more reading and assignments than traditional classes because students are depending on themselves to learn the material which does lead to “more work”. Students are not necessarily teaching it to themselves but in order to grasp onto it and learn it one needs to do deeper readings and assignments that require more thought process.” 326
1600080189-1720 Management Strategy for Performance- Paper 1 “Two Contemporary Companies’ Use of Crowdsourcing: Threadless and Challenge Post on Page 77 Answer:
1.      Why is Threadless so successful?
2.      What competitive advantages do they have over comparable design firms using traditional strategies for product design?
3.      What is the logic of crowdsourcing and why has it caught on in so many areas and for so many applications?
4.      What are some potential traps and limitations of crowdsourcing efforts?
5.      Identify at least two other businesses, or business functions, that you think could achieve breakthrough gains via the use of crowdsourcing.” 332
1600081998-4629 Stress and Stress care “What are your current sources of stress? How might these stressors change over the next three to six months as you begin your new career?
What are the positive and negative ways you deal with stress?
What are your goals for improved stress management and what is your plan to achieve these goals? Incorporate at least two ideas from the posted resources.” 330
1600087406-12044 Need Wednesday 8:30pm EST Week 2 Discussion: Financial Analysis “Please Read Instructions:

Identify revenue streams for the group’s proposed solution, including the unit and volume being sold, and the price each unit will sell for.
Outline sales projection considerations and assumptions for the group’s proposed solution
Explain major expenses related to the functional business areas of the group’s proposed solution

In week 1, you found a company and identified a challenge you want to address, determined a solution, and researched the internal and external environments of the company. This week, you will formulate a plan on how the solution will be implemented. Your Board of Directors will want to know how much the solution will cost if implemented and how much revenue could be made.

Before you begin, please review the Financial Lesson and Pandora Workbook Example files that will assist you with the considerations for this week’s discussion.

Revenue Streams

Identify the revenue stream(s) of your proposed solution.  Your solution must have a minimum of one revenue stream, however, there may be more than one. 
For each stream, identify if it is a product or service (unit) and the price that you will sell each for (unit price).  Explain your pricing decisions based on research, including how your price compares to your competitors and what factors you are basing your decisions on.

Sales Projections

Conduct research to identify what factors you need to consider when determining how many units you believe will be sold (consider elements like seasonality, existing products/services, competition, market share, and so forth).  List your findings and why each is relevant.    Support your research with facts.
Identify what financial and sales information is available for each revenue stream (such as existing sales projections, marketing share, cost analysis resources, etc) from your company, competitors, and industry and explain how you may be able to utilize it to project sales.  Include facts and figures.
Identify and explain what information is not available and what assumptions you will need to make in order to complete your sales forecast.

Second Post Due Sunday By 7:30 EST

This is an individual post. Each student will complete this on their own.
Begin to develop your budget, identifying the expenses that your proposed solution will have in the following categories. Start to research and explain the costs related to the expenses. Include research findings and facts and figures to support your statements.

Operational Expenses:
Sales, Marketing, and Distribution Expenses:
Legal Expenses:

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