Today, output maximization and cost minimization have been factored in other numerous goals to be achieved. In other words, cost and output are not the only concerns when it comes to achievement of goals. A fundamental aspect of social and economic welfare has been introduced in the contemporary times. This is due to the fact that output can be maximized and cost minimized (Flinders & Thornton, 2004) without any effect on the social and economic welfare. Therefore, social and economic welfare has become a contemporary primary goal, with cost and output concerns acting as aiding tools to the realization of the underlying goal.
Educational institutions should critically position work of adults in their programs. Mirroring work of adults would critically establish a rich ground for the stakeholders involved to infer, relate information, and undertake studies across variant sources for diversified knowledge. The idea is to enhance the quality of programs and systems run by educational institutions for the benefit of all stakeholders on board. Work of adults, therefore, could be one of the core pillars of educational ...Show more