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10 Open-Ended Questions PESTLE Question to ask the manager of the company on EXTERNAL factors: Follow-up question (determining strategy): Political Factor What regulations must you

10 Open-Ended Questions

PESTLE

Question to ask the manager of the company on EXTERNAL factors:

Follow-up question (determining strategy):

  1. Political Factor

What regulations must you follow, and have they changed in the last 5, 10, or 20 years regarding the schooling industry in Canada?

Does that affect what prices are set for tuition? Why havent they been changed to be more affordable in the past 20 years?

  1. Social Factor

Does the tuition price closely correlate with the demographic that attends the post-secondary?

More and more international students are always talking about moving to other nations as education is considerably cheaper or accessible; what is your contingency plan if you start losing too many students to education-free countries?

  1. Economic Factor

What taxes must you follow, and how does it affect your service offerings?

Is there any way to decrease education costs for students? Is there a way to counter this, like raising taxes in another sector to help fund tuition for minority students?

  1. Economic Factor

Is the economy stable, unstable, or growing for your industry?

Do you think that young adults arent as interested in getting a degree these days, as learning has become more multiverse?

  1. Social Factor

Who is your target market?

At the prices currently charged for tuition, it is almost impossible for a student fresh out of high school to enter post-secondary without either help from a guardian or indebted with tuition loans. Do you have any ideas for the near future to reduce the overall cost of tuition?

  1. Social Factor

How are consumer opinions changing regarding your product or service?

With the ever-increasing prices of living conditions in BC, do you think people will find it worth paying up to $40,000 intuition when they can save up more than that while working rather than going to school and purchasing an apartment for themselves?

  1. Technological Factor

With the rapid advancements in technology, and now that fortune 500 companies such as Google are offering Google Certificates and, upon completion, can qualify you for a specific job within Google. Do you see technology degrees as a lot less valuable nowadays?

How do you stay competitive regarding this matter when students can learn the technology needed from the company itself, rather than pay a school to teach them and then apply it to company applications?

  1. Technological Factor

With the cultural shift to remote everything, how have you adjusted? How have you countered that you are still paying massive property taxes on your schools land, but almost 60% of the students who showed up in-person pre-pandemic are working remotely post-pandemic?

Suppose things shift even more towards remote, and that percentage of in-person people. Would that mean buildings will become obsolete? Also, could that reduce the tuition prices overall, since schools might not need a big campus for all faculties, just some essential research ones, reducing the square footage of land used?

  1. Legal/Social Factors

Why does the process in the education system vary so much around the world? Why do some parts of the world require so many extra prerequisite courses before studying students' intended major?

Do you think passing new legislation regarding the acceptance and education process could positively or negatively affect the industry?

  1. Environmental Factors

Finally, many students want to speak up about the increased stress level caused by the asking demand for curriculum from post-secondary schools? Are you willing to listen to these students and help bring their voices to light?

Why do you think students must be so frustrated with the education process? Due to pricing, strategy, and workload, what is asked of the students compared to what is given to them?

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