A localization strategy focuses on increasing profitability by customizing product and service so the can provide the taste and preferences in different national markets. Product or services' taste may vary with nation.By customizing the product increase market share.
Example:Proctor and Gamble,MTV. MTV customized their services in India if the did not customized then they will lose their market share and lose their revenue source
The irvine spectrum is a local mall in irvine, california. You can find more than 130 different stores located in this mall as well as 21 theaters there.
sectionalism is a partiality for some particular place.
All media which are commonly used at small group or local level like drum beating,folk singing, local riddles, dancing, wall chalking, poetry of local saints, local theaters come under the ambit of folk media. It is also called traditional media or basic media or community media. It is face to face communication process and very effective as audience have direct interaction with medium or communicator. Muhammad Anwar M.Phil Mass Communication
Local is an adjective (local grocery store) and a noun (a local).
fard-e-ayn = personally obligatory e.g. knowledge of 5 daily prayers (salaah) and ablution (wudhu) etc.. fard-e-kifaya = obligatory for one person in the local community to fulfil such and such an act e.g. ramadhan i'tikaf is sunnat-e-kifaya - therefore if no one sits in i'tikaf then everybody in the local community shall be sinful however, if one person sits then nobody shall be sinful.
Factors that increase pressure for local responsiveness include cultural differences, regulatory requirements, and customer preferences that vary by region. Companies may face competitive pressures to tailor their products and services to meet local needs and tastes. Additionally, globalization can lead to diverse market conditions, prompting firms to adapt their strategies to remain relevant and successful in specific locales. Economic factors, such as income levels and purchasing power, also play a significant role in shaping local responsiveness.
Local, Local external support, local global support, and global
Local local external support local global support global
Local, Local external support, local global support, and global
An established governing body at the lowest level of municipality or township.
walang kwenta ANSWER.COm di naman maibigay ang right answer!!
Global strategy focuses on offering a standardized product or service across international markets, emphasizing efficiency and cost reduction. Multidomestic strategy tailors products and marketing to fit local preferences and conditions, prioritizing responsiveness to individual markets. Transnational strategy seeks to balance global efficiency with local responsiveness, leveraging global scale while adapting to local needs. Each approach reflects different priorities in how companies manage operations across borders.
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Bridge approaches typically experience two types of settlement, global and local.
The four basic philosophies that guide strategic management in most multinational corporations (MNCs) are global standardization, local responsiveness, transnational strategy, and international strategy. Global standardization focuses on uniformity and efficiency across markets, while local responsiveness adapts strategies to meet regional demands and preferences. The transnational strategy seeks to balance global efficiency with local adaptation, and international strategy typically involves exporting products from a home country to foreign markets with minimal local customization. Together, these philosophies help MNCs navigate the complexities of operating in diverse global environments.
A local business is a business located within a close geographical radius. Lets say a local party store is probably within a 5 mile radius of your house. Depending on the type of business, will determine the radius.
Decentralization by devolution is a process where power and authority are transferred from a central government to regional or local entities. This allows for greater decision-making autonomy and tailored policies at the local level, which can lead to more effective governance and responsiveness to local needs. It can also promote political and administrative efficiency by distributing responsibilities closer to the people affected by them.