Pure Competition
The economic structure for universities is most like pure competition. Although some universities are not having a good management, there is not still any monopolizing university. All universities have different advantage and disadvantage and also have a lot of opportunities to become top schools. At this time, how should universities compete with their competitors?
First, universities need to hire high-class faculties and good office workers. The faculties improve students' knowledge and office workers do an effective marketing (let me talk about university market strategy on the next blog entry). Universities need to bring their advantage to the fore using the multi media and the mass communication. Most likely, universities can do these things the best can name on the list as a top universities.
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