Vacastion Care Services
Laird Polytechnic Institute (LPI) which is located in Vantreal offers diploma, certificate and apprenticeship programs to the community and its surrounding neighbours. In 2002 LPI’s revenue sources began to change dramatically because of the decision of the federal government to cap operating grants to all post secondary schools. In spite of the cuts LPI is expected to continue increase enrollments and therefore will have to find other ways of increasing its revenue. To offset the financial pressure that the new government policy creates LPI decided to offer Contract Revenue Programs (CRPs). CRPS were contracts between LPI and clients ranging from single businesses to professional associations of employers and various technical associations. Initially LPI saw an increase in revenue but eventually started to experience financial difficulties. The purpose of this case study is to use the course themes and theories to analyze LPI’s financial situation. The course themes are......
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Approximate Word Count: 1181
Approximate Pages: 5 (250 words per double-spaced page)
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Vacastion Care Services
Vacastion Care Services. Laird Polytechnic Institute (LPI) which is located
in Vantreal offers diploma, certificate and apprenticeship ...
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