Final answer:
The subject pertains to the opportunities and threats faced by educational institutions in adapting to changing technologies and economic conditions, such as the accessibility of online classes, a growing US economy, and heightened competition in education.
Step-by-step explanation:
The question pertains to identifying opportunities and threats in the context of educational institutions and how they are adapting to changes in technology, economy, and competition. The Blackboard Collaborate technology has made online classes more accessible and popular, reflecting a shift in educational delivery methods. The growth of the US economy and GDP signifies a more prosperous economic climate, potentially increasing student enrollment and investment in education. Lower construction costs could enable institutions to expand physically at a reduced expense.
Conversely, threats such as competition from local tech schools offering cheaper tuition might affect student enrollment. Rival firms providing BBA Degrees online directly challenge the institution's offerings. These aspects highlight the increasingly competitive educational landscape, further exacerbated by forces of globalization and advancements in technology. Feedback from students on the transition to online learning suggests institutions must continue to evolve and adapt their teaching methods. The math department's strategy to offer more evening classes could attract students who work during the day or prefer flexible scheduling, demonstrating adaptability to student needs. The versatility of instructors who can teach multiple disciplines, like math and computer science, indicates a streamlined resource use that could be a competitive advantage.