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The Model of Participating, Payable, Profitable, Potent Insured Education System-4Ps IESM

The Model of Participating, Payable, Profitable, Potent Insured Education System-4Ps IESM
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摘要 In the field of education, there is a need for a financing system which is affordable, yet effective, as well as profitable, and is based on user participation. This need was the main reason the author has designed the model named "Insured Education System Model---IESM". The IESM is based on the principle that expenditures incurred at each stage of educational attainment should not be burdened upon the person himself/herself. There should be insurance companies willing to cover the educational expenditures of the buyers. The suggested IESM model also creates an auto-control mechanism within the financing system through which insurance companies, educational institutions (buyers), and households will gain benefits. Furthermore, the IESM will increase the quality of service within the overall educational system, and create employment, as well as eliminating the number of school drop outs. The system will bring a significant decrease in the cost of the service. This study presents the results of the analyses on the data collected by the author on the perception of the proposed Insured Education System Models through surveys conducted in selected schools in Istanbul. The survey is unique in a sense that for the first time in literature such a model is suggested and the perception of relevant stake holders are tested through a questionnaire of 42 questions. The results show that there is an approval rate of more than 50% regarding to the IESM. And the frequency analysis suggests that the IESM is an applicable model.
出处 《Chinese Business Review》 2013年第3期163-171,共9页 中国经济评论(英文版)
关键词 INSURANCE education USER COMPETITION auto-control PROFIT 教育系统 保险公司 型号 伊斯坦布尔 教育领域 融资体系 教育经费 金融系统
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参考文献8

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