is the same terminology as glocalization in the contemporary world.Group of answer choicesMcdonaldizationdouble dragonsupply chain
Question
is the same terminology as glocalization in the contemporary world.Group of answer choicesMcdonaldizationdouble dragonsupply chain
Solution
The term that is similar to "glocalization" in the contemporary world is "McDonaldization".
Here's why:
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Glocalization is a combination of the words "globalization" and "localization". It refers to the adaptation of international products around the particularities of a local culture when they are introduced in new markets.
Similar Questions
The mantra of glocalization is Go local, Act global.Group of answer choicesTrueFalse
What does the term ‘Glocal’ mean?1 pointA form of synergy that is created when products or services combine the local aspect of the Analog with the global aspect of the Digital.A unique and rare form of integration between global and local forces.A type of network that is created by combining local and global products or services.None of the above.
Coca-Cola has standardized all of its choices in regards to product, price, promotion, and placement throughout the entire world. This is best described as:Group of answer choicesNone of the aboveGlobal localization (glocalization)Regional standardizationLocal standardization
What is meant by the term globalisation?
A subdiscipline of geography that studies economic activities and factors affecting itGroup of answer choicesLocation theoryScaleEconomic geographyTerritory
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