Assess The Impact Of Marketization On Education

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The following section is a review of literature about managerial decisions in relation to competitive school marketization in the US. Clearly, marketization, a concept that involves the rearrangement, remodeling, and alteration of the publicly-owned organizations or enterprises into the market-based entities, remains to be a collective occurrence, particularly in the present century. Through marketization, popular learning institutions in the US have been changed from being possessed by the government to market-oriented foundations meant to increase quality and key operations (Judson & Taylor, 2014; Cucchiara, Gold, & Simon, 2011). Several scholars and researchers have carried out analysis and evaluation on how marketization impact education in the US (Bartlett, Frederick, Gulbrandsen, & Murillo, 2002; Judson & Taylor, 2014). Consequently, the present study reviews some of the literature …show more content…

The latest move toward marketization, according to Judson and Taylor (2014), can be largely attributed to historical political foundations which caused an increase in focus on personalization in teaching methods. The political pressures have increased across the US in relation to how education is usually funded (Judson & Taylor, 2011). While the public increasingly continues to support the educational empowerment, academic institutions (both colleges and high schools) find themselves engaging in competition to ensure they enroll numerous students who in turn fund their operating expenses (Judson & Taylor, 2014). Since the financial sources have changed from the support by the public to use of tuition fees, most institutions use marketing strategies that are aligned with provision of more satisfactory student experiences that guarantee, in turn, high retention and graduation rates (Natale & Doran, 2012; Cucchiara et al, 2011; Lundahl et al,

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