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Strategic Business Formulation to Evolving Consumer Culture: A Review of Necessity for Modern Educational Institutions

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  • Salsabila, Aina Ayu

Abstract

This review explores the impact of evolving consumer culture on modern educational institutions and the imperative for strategic business formulation. As consumer culture undergoes significant transformations driven by technology and changing values, students now seek personalized, industry-relevant education experiences. Through a comprehensive literature review, author identify the need to adapt curriculum, form industry partnerships, enhance marketing, promote diversity, and maintain affordability. The review highlights the importance of strategic business formulation and offers insights for educational leaders, contributing to a holistic understanding of the challenges and opportunities posed by evolving consumer culture in education.

Suggested Citation

  • Salsabila, Aina Ayu, 2023. "Strategic Business Formulation to Evolving Consumer Culture: A Review of Necessity for Modern Educational Institutions," OSF Preprints 4j7bf_v1, Center for Open Science.
  • Handle: RePEc:osf:osfxxx:4j7bf_v1
    DOI: 10.31219/osf.io/4j7bf_v1
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    References listed on IDEAS

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    1. Li, Xiafei & Luo, Di, 2019. "Financial constraints, stock liquidity, and stock returns," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 63(C).
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