Reference-and-Education Online education has certainly revolutionized the education system in many countries over the past few years. With this type of education, acquiring knowledge has become easier. It also throws several interesting options for students across the globe to make a wonderful career. The wide access to the Internet and the vast development in digital technology are some of the chief reasons why online education has become so popular. From a students perspective, it gives them several options to pursue their degree in their own field of interest. Statistics show that the number of students learning through online education system has increased double times in the past four years. However, recent statistics also reveal the other side of online education. That is, 40% of the students who learn through online education have failed to clear their exams. Thats just daunting, is it not? The main reason for this miserable failure is that most of the students get carried away by the benefits of online education and blindly take it up. If you are here to know more about the pros and cons of online education then scroll down and read the rest of the write-up and know some interesting information. Advantages of Online Education Flexibility Today, life is so fast and busy that most people dont really find the time to go back to college and don the role of students again. Once people have finished their degree and got a job then their focus gets shifted to achieving a good career growth and get salary regular salary appraisals. Even for people who are working and interested in adding a couple of more degrees to their educational qualification, it becomes seemingly difficult for them to attend the classes in colleges regularly. Online education offers a lot of benefits mainly to the working people who are keen on adding another degree to their educational qualification. Flexibility is one of the key features of online education. With this education system, you can learn from anywhere and anytime you want. All you need to have is a reliable high-speed Internet connection to get connected to the online education community. Adds value to your profile As online education is simple, you can spend time for your work and, at the same time, concentrate on your education. You can gain more knowledge by learning comfortably at the cool confines of your home and enhance your knowledge and skills. As you get more degree, it adds to your value at job and helps you move on to managerial positions faster when compared to others who have just one degree to their name. Easy-to-learn method Even with online education, you can select whichever course you want. The teachings are also simple and easy to understand. When you sit at college you may not feel like paying attention to the lectures sometimes. But when it comes to online education, the presentation of the lessons is easy and interesting to learn. Disadvantages of Online Education Time management Time management is one main disadvantage of online education. If you are not good at planning your schedule between work, family, and studies then you may find it difficult to learn through online education. In order to avoid this, you need to plan well before hand and dedicate your time only for whatever activity you have planned to do at a particular time. Listening vs. Reading Some people might prefer listening to the lectures rather than reading the text content. If you are one of those then you might find it difficult to prepare for your exams especially if you dont prepare beforehand. The online education may not be suitable for people who prefer listening to reading. Likewise, you might also miss the environment of friends with whom you can clarify your doubts as and when you get them. Thus, there are both advantages and disadvantages of online education. It is always important to know them even before you consider going for this type of education. About the Author:
Affiliate-Revenue While the chance to make money with affiliate marketing seems too good to pass up, you should not go into this kind of undertaking without giving the matter much thought. You need to first understand that like any business endeavor, affiliate marketing is not a guaranteed moneymaker. There are a lot of factors that can affect how much you will earn, such as the effectiveness of your marketing techniques and the demand for the product you are selling and/or promoting. That said, you should not expect to earn something immediately after signing up with an affiliate program. Also, do not think that engaging in the said activity only has advantages. As with any other undertaking, there are both advantages and disadvantages if you choose to try to make money with affiliate marketing. Some of these are detailed below: Advantages: You can make money without investing too much of your resources. If you already have a website or a blog that enjoys a huge and loyal following, going into affiliate marketing is a great way for you to make money without doing anything. And, if you want to earn more, you can just promote the products/services of the merchant/s you’re affiliated with in your site – no extensive marketing needed. Just make sure that the product you are promoting is either related to your site or is something that your readers will be interested in. There’s no need to come up with your own online business. Setting up your own e-shop is a gargantuan task. Not only do you need to come up with a feasible business idea – you also need to determine your target market and build an online store, among other things. With affiliate marketing, you do not need to do all these – especially the part where you need to think of a lucrative business concept. You already have the product, so all you have to do is promote it. And, contrary to what most people think, you don’t even need to have a website to be able to do so. Disadvantages: There’s always the risk of not getting paid for all your hard work. As with any endeavor, when you go into affiliate marketing, there’s always the risk of falling into a trap. As this type of online business is one of the most popular ways of making money, there’s bound to be a fraudulent merchant or two who will rip you off of your commission. There are documented cases wherein the business owner closes shop after making a profit without notifying his affiliate marketers – thereby depriving them of their income. The amount you earn is neither regular nor consistent. Unless you have the means to foresee changes in the factors that affect how much commission you will receive for a certain period, you can’t expect to make money with affiliate marketing regularly and in the same amount. This is why there are still a lot of people who would rather keep their desk job and go into affiliate marketing part-time rather than make a living out of it. About the Author:
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Personal-Finance IFRS, or International Financial Reporting Standards, is quickly becoming the global standard for business financial reporting. It is up for constant debate in the United States as to whether businesses should adopt IFRS or stick with the US standard of GAAP. IFRS has fewer rules than GAAP and is less structured, though it is at least as effective if not more so. The major benefit is that it is global, meaning that it allows for a connection between international businesses that the GAAP does not. For many people change is a scary thing and seems unnecessary, though in the case of switching to IFRS change is not only a good thing, but potentially incredibly beneficial for the US. IFRS offers the US, and other countries, the opportunity to adopt a program which is sophisticated, easy to follow, and simplified from other programs such as the GAAP. With IFRS all businesses will be able to compare financial documents, businesses will become more efficient in all areas of productivity, and the percentage of reporting errors will decrease significantly. If the US mandates a conversion to IFRS, which will almost certainly happen in the very near future, the major barrier between the US and other countries will be broken down and the market will become more competitive and thus more profitable for the US economy. A huge benefit for domestic companies is that IFRS is not GAAP. GAAP is very rigid, regimented, specific, and rule-based; it is complicated to follow correctly, nearly impossible for foreign competitors to decipher, and difficult for even US companies to adhere to. There is a huge margin of error for domestic businesses when it comes to reporting with GAAP and the switch to IFRS would greatly reduce these errors. IFRS offers US businesses the opportunity to put the worries of GAAP behind them and start fresh with a new concept and easier platform. Financially, IFRS will cost a fair amount of money to switch over to initially though the potential for future earnings will make it well worth the investment. Many US companies have subsidiaries which have already switched to IFRS so it is imperative for these businesses to switch, though other businesses need to consider the benefits as well. Adopting a global reporting standard allows for the opportunity to partner with other businesses around the world thus creating a global brand, rather than simply a domestic one. The earning potential from partnerships which can be created because of the switch to IFRS is limitless. Not only will domestic revenue and the economy benefit, but US businesses will achieve a higher ranking in the global economy. Some people are wary of making the switch because they feel they are placing a huge investment in something that they are unfamiliar with, but just because IFRS is unfamiliar to them does not make it new; IFRS is already widely used and with great success outside of the United States. The ease of use, potential for earnings and partnerships, and global recognition should be enough to make US corporations feel secure in their decision to adopt IFRS. About the Author: