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There are several recent changes that have led to the rising need for e-learning in today's globalized world:
- Economy is evolving to a knowledge-based economy
In the last decades, the global economy has been shifting to what so called "Knowledge-Based Economy" where knowledge is created, acquired, disseminated, and utilized more efficiently and effectively by enterprises, organizations, individuals and communities for greater socioeconomic development and global competitiveness. The new knowledge economy puts a premium on intellectual capital making lifelong education more important than ever. However, the education constraints (whether time, money…etc) are becoming more prevalent. Accordingly, e-leaning is a vital asset for all employees in the new knowledge economy.
- A paradigm shift in the way education is viewed and delivered
At the dawn of the new millennium, learning is increasingly viewed as a competitive weapon. Business success depend largely on high-quality employee performance, which in turn necessitates high-quality training. In the quest to remain competitive in today's hyper-competitive market, companies are exploiting technology revolution in order to train more rapidly, efficiently, and cost effectively.
- Exponential growth of the internet provides the ideal delivery vehicle for education
Through its increasing reach and simplicity of use, the internet has paved the way for a global learning community to exist where language and geographic barriers to education have been erased.
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