Tom Rollins founded a company called Teaching Co. He taped lectures at the top universities, packaged the lectures on DVD, and sold them for between $20 and $230 per series.
(a) Discuss whether such an idea could be expanded to include college courses that one could take at home.
(b) What are the technical, social, and economic issues involved?
(c) If it is technically possible and cost-effective, will the new venture be a success?

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Answer:

Answer for the question:

Tom Rollins founded a company called Teaching Co. He taped lectures at the top universities, packaged the lectures on DVD, and sold them for between $20 and $230 per series.

(a) Discuss whether such an idea could be expanded to include college courses that one could take at home.

(b) What are the technical, social, and economic issues involved?

(c) If it is technically possible and cost-effective, will the new venture be a success?

is given in the attachment.

Explanation:

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