Market orientation: An option for universities to adopt?

The primary objectives of this exploratory paper are to test the concept of market orientation adapted from related literature in the education context and to examine the effects of market orientation as a second‐order factor on university student satisfaction. The revised scale, validated through e...

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Veröffentlicht in:International journal of nonprofit and voluntary sector marketing 2015-11, Vol.20 (4), p.347-365
Hauptverfasser: Tran, Trang P, Blankson, Charles, Roswinanto, Widyarso
Format: Artikel
Sprache:eng
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Zusammenfassung:The primary objectives of this exploratory paper are to test the concept of market orientation adapted from related literature in the education context and to examine the effects of market orientation as a second‐order factor on university student satisfaction. The revised scale, validated through exploratory factor analysis and confirmatory factor analysis, constitutes a good fit. Specifically, the new scale is statistically and positively related with student satisfaction, indicating that market orientation is an important factor that leads to higher student satisfaction. The findings show that the degree to which students are satisfied with their choice of university depends significantly on how market oriented the university is. In other words, the effective application of market orientation strategy relates to student satisfaction and to the decisions they make when selecting a university. To that end, market orientation is an option for universities to adopt. The empirical results add to the meager and emerging literature on marketing and branding of universities and will be of interest of university administrators and marketing and branding managers of universities. The paper concludes by discussing conclusions, implications, limitations, and future research. Copyright © 2015 John Wiley & Sons, Ltd.
ISSN:1465-4520
1479-103X
1479-103X
2691-1361
DOI:10.1002/nvsm.1535