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Globalization refers to the process of increasing interconnectedness and interdependence among countries, economies, and cultures, often facilitated by trade, technology, and communication. In contrast, customization involves tailoring products, services, or experiences to meet the specific preferences and needs of individual customers or local markets. While globalization promotes standardization and a unified global market, customization emphasizes local relevance and personalized offerings. Balancing both can enhance business success in a globalized world.
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How would you classify Frito-Lay and marketing strategy of its Lay and potato chips in china was it globalization adaptation or customization?
I need an answer from you guys
How business and marketing are changing?
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.
What is the differences between customization and customerization?
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.
What are the different between customization and consumerization?
one starts with consumer and one starts with custom
How would you classify Frito's marketing strategy of its lay's potato chips in china ---was it globalization adaptation or customization?
Frito-Lay's marketing strategy for its Lay's potato chips in China can be classified as adaptation. The company tailored its product offerings to local tastes by introducing unique flavors such as Sichuan hot pot and cucumber, appealing to Chinese consumers' preferences. This approach reflects a strategy that adapts to the local market rather than a one-size-fits-all globalization strategy.
What is the difference between outsourcing and globalization?
Out sourcing is a media between consumers, customers and production unit. Globalization is liberalizing marketing/trade between number of countries.
What is difference between a PC and a Macintosh?
Operating system and system programsHardware customization
What is the difference between globalization and globalism?
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.
How would you classify Frito-Lay and marketing strategy of its Lay and potato chips in china was it globalization adaptation or customization?
I need an answer from you guys
What is the difference between globalization and traditionalism?
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.
How business and marketing are changing?
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.
What is the difference between regional integration and globalization?
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.
What is a benefit of trade between two countries?
globalization
What is the difference between globalization and integration?
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.
What is the differences between customization and customerization?
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.
What is the difference between cultural imperialism and transnationalism?
Cultural imperialism is essentially imperialism of culture, or imposing a culture on a less powerful civilization. Transnationalism has more to do with the growing interconnectivity of cultures. Globalization is an example of transnationalism.
What is the increase in conncetions between cultures around the world called?
Globalization
