Product adaptation is where a Firm adapts a product to a geographic location to fit one geodemographics.
standardization
Disadvantages of cottage industry Low output Lack of standardization, no common spare parts High cost of product
ISO stands for the International Organization for Standardization, this organization assists in holding manufacturers product to certain standards on a global scale. These standards enable products and services of different origins to be compatible and interoperable globally.
it discouraged individuality!
The advantages of standardization in manufacturing are cost effectiveness and integration. Standardization of lathe cutting tool stock sizes and tool post mounts for instance allow tool post manufacturers to cover a huge range of lathe designs and uses with a single product, whereas otherwise a potentially huge range of tool post products might be required to furnish the functionality of a given tool post design to diverse lathes and cutting tool dimensions. The basic potential disadvantage of standardization in manufacturing is that it may lock in obsolescence. Tool stock developments may for instance render tool posts designs obsolete for the advantages of new tools, or a given tool post mount design may for instance preclude using the advantages offered by new tool post designs, which thus makes the lathes obsolete. Because good system designs can exercise foresight to ensure long term non-obsolescence, there are usually general advantages to be realized from standardization wherever a fitting, universal vision for standardization can be conceived.
Product standardization refers to is the process companies go through to limit differences in products. Product adaptation is the process by which companies adjust their products to meet customer's needs.
yes it should be balanced to adjust the environment
are eggs and milk a standardized product
Quality
Standardization is a technique in which company establishes a standard such as product dimensions, size, quality and then company produces product on the basis of that standard. For example a manufacturing company produces shaft of standard shape and size. Simplification is the technique of reducing the diversity among the products. It is the process of minimizing product items to restrict production of useless products. Note: Simplification and standardization are closely related to each other. To get full benefit of standardization there is always a need of implementing simplification.
Advantages of product adaptation in exporting include the ability to cater to local market preferences and demand, enhancing the chances of success in a new market. It also allows for customization to meet specific regulatory or cultural requirements of the target market. However, the main disadvantage is the potential cost associated with product adaptation, such as research and development expenses or production changes. Additionally, it may require a significant amount of time and effort to adapt the product, which can delay market entry.
Standardization is remaining the same in all circumstances. For an example, in marketing it could be explained as selling the same products in the same way. Adaptation can be seen as adjusting to each situation accordingly. Again, using marketing as an example, this could be seen as changing the way you market depending on the type of market you are targeting.
Product adaptation is a kind of marketing strategy wherein a company develop new products. The new product is based on modification of existing items.
Continuous flow
standardization
Developing standerized product marketed world wide with a standerized marketing mix. OR Selling essentially the same product in the same market across the world
Continuous flow