In preparing a budget, a distance teaching institution needs to forecast two types of costs: fixed and variable. The main fixed costs are likely to be capital investment and the salaries of full-time staff. Capital investment is needed for buildings and production facilities, such as television studios and printing presses. Of course, it may be possible to contract production services and thus reduce fixed costs. Salary costs will be determined by the extent to which the institution hires its own content and learner support specialists and how much it depends on consultants and part-time help.
No comments:
Post a Comment