The global outbreak of COVID-19 has had an impact on education and created new investment opportunities. A group of billionaires is considering investing in higher education in the Caribbean, which includes all post-secondary and tertiary institutions, and has turned to the budding entrepreneurs of MGMT2224 to provide them with the necessary industry information. Your task is to conduct research and write a report on the Higher Education industry in St.Vincent and Grenadines so that the billionaires can decide whether to invest in a new higher education institution. 1. Executive Summary. This should be a one-page summary assessment of the higher education industry in the chosen country. Briefly state your recommendations that would help the industry advance. 2. Industry Analysis. Within the Industry Analysis, use all the following subheadings (followed by sufficient and well-cited analysis): Political Factors (links must be made to the higher education industry in ST.Vincent and Grenadines) Political system and structure. Stability of government. Bribery and corruption risk/index. Industry Size, Growth Trends and Maturity Socio-economic Factors and their Effect on the Industry Population and growth rate. Inflation levels and currency exchange rate to US dollar. The most recent gross domestic product (GDP) of Jamaica (this will indicate the health of the St.Vincent and the Grenadines economy). The impact of the COVID-19 pandemic on the higher education industry in SVG. Unemployment level. Estimated number of people currently employed in the higher education industry. Education and literacy levels in the country. Government incentives to encourage investment in higher education. Technological Factors Competitive Environment and Changes in the Competitive Environment

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Assignment Description and Instructions: The global outbreak of COVID-19 has had an impact on education and created new investment opportunities. A group of billionaires is considering investing in higher education in the Caribbean, which includes all post-secondary and tertiary institutions, and has turned to the budding entrepreneurs of MGMT2224 to provide them with the necessary industry information.

Your task is to conduct research and write a report on the Higher Education industry in St.Vincent and Grenadines so that the billionaires can decide whether to invest in a new higher education institution.

1. Executive Summary. This should be a one-page summary assessment of the higher education industry in the chosen country. Briefly state your recommendations that would help the industry advance.

2. Industry Analysis. Within the Industry Analysis, use all the following subheadings (followed by sufficient and well-cited analysis):

Political Factors (links must be made to the higher education industry in ST.Vincent and Grenadines) Political system and structure. Stability of government. Bribery and corruption risk/index.

Industry Size, Growth Trends and Maturity

Socio-economic Factors and their Effect on the Industry Population and growth rate. Inflation levels and currency exchange rate to US dollar. The most recent gross domestic product (GDP) of Jamaica (this will indicate the health of the St.Vincent and the Grenadines economy). The impact of the COVID-19 pandemic on the higher education industry in SVG. Unemployment level. Estimated number of people currently employed in the higher education industry. Education and literacy levels in the country. Government incentives to encourage investment in higher education.

Technological Factors Competitive Environment and Changes in the Competitive Environment

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