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Business and marketing are changing day by day such as like changing in technology, privatization, customization, globalization massive production for masses according to their preferences.
Customization involves a producer making goods that fit what individual customers need. Customization involves being both a consumer and a producer to design a product. An example of customization would be a computer that is customized to your specifications. An example of customization is a boutique that allows customers to be hands-on in designing their own clothing.
one starts with consumer and one starts with custom
Standardization and customization are polar opposites of each other. standardization means "one size fits all." It refers to the tailoring of a marketing program or campaign in such a way that there are enough elements to appease everybody. The target audience is vast. Standardization helps keep the costs low of reaching out to many people. It is employed typically in situations where the product in question is for mass consumption. These products are typically low volume products that makes it economically unfeasible for customization. Customization on the other hand refers to the tailoring of the campaign according to the needs of an individual or groups of individuals. These are high margin products where the volumes are low and the buyers are few. E.g. If an expensive luxury yacht was on sale then the company selling it could go to the extent of tailoring the marketing efforts according to the needs of specific buyers. Helpful Not helpful
Out sourcing is a media between consumers, customers and production unit. Globalization is liberalizing marketing/trade between number of countries.
Operating system and system programsHardware customization
Globalization refers to the interconnectedness and interdependence of economies, cultures, and societies globally. Integration refers to the process of linking individual components or entities to form a unified whole. In the context of globalization, integration often refers to the process of countries or regions coming together through agreements, alliances, or common policies to facilitate global trade and cooperation.
Globalism is the idea of events in one country that cannot be separated from those in another. Globalization is the increase of trade around the world.
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i would say TNC's (transnational corporations) and the difference between poor and rich
Business and marketing are changing day by day such as like changing in technology, privatization, customization, globalization massive production for masses according to their preferences.
Globalization: is a process of interaction and integration among the people, companies, and governments of different nation.traditionalism: is holding onto the customs of one's own nation and trying to keep things the way they have always been.
An example of regional integration would be NAFTA, the North American Free Trade Agreement, where the countries of North America agreed to integrate commerce. Globalization would be where countries around the world agree to a common cause.
Customization involves a producer making goods that fit what individual customers need. Customization involves being both a consumer and a producer to design a product. An example of customization would be a computer that is customized to your specifications. An example of customization is a boutique that allows customers to be hands-on in designing their own clothing.
globalization
suitecrm customization