In the modern world today, International Engineering Business Academy realizes that the education and training needs today are different from what they were just a mere decade ago. As a world's foremost academy for engineering business programs, we have adopted and implemented the latest methods and standards to better educate and train our students to compete in an ever-changing global work environment. IEBA is recognized as a “Pioneer” Academy that has broken the old standard learning process and is noted for being one of the first Academies to implement the new cutting edge technology based learning center that welcomes not only national but international students to an innovative and exciting learning experience.
Moreover, IEBA presents legal document describing a multilateral agreement between IEBA, industry professionals and companies. It expresses a convergence of will between the IEBA, its students and clients, indicating an intended common line of actions based on the following principles:
- It is not the strongest of the species that survive, or the most intelligent, but the ones most responsive to change. “Darwin”.
- If you don’t have a competitive advantage, don’t compete. “Jack Welch”.
- The main aim of any private business is to
- Increase market share
- Survive (√)
- Make profit.
- A firm will have monopoly power if
- it is the sole producer of its product
- it can set its price
- it has a market share of at least 25% (√)
- it is making high profits
- Unfair competition means :
- A market in which there exists output that exceeds current market demand.
- The market demand for a products exceed its current levels of production
- The management tool used to took at internal and external factors affecting the business
- A market in which participants have an opportunity to earn very high profits (Ö )
- Our economy has evolved from manufacturing-intensive to labor-extensive.
- The new economy is knowledge economy based on brainpower, ideas and Investments.
- Technology is the driver of the new economy, and human capital is its fuel.
- Fundamental to success in the new economy is how companies obtain, train and retain knowledge workers.
- Continuing education and training are the main bridge to live and work in the 21st century.
- Investment in human capital is the unique way to compete successfully and survive in the globalization era
- The power of knowledge will break all barriers and shape world future
- If you don’t happen to change, change will happen to you.