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.

The mantra of glocalization is Go local, Act global.Group of answer choicesTrueFalse

is the same terminology as glocalization in the contemporary world.Group of answer choicesMcdonaldizationdouble dragonsupply chain

Which of the following are a way to leverage Glocal’s digital and analog synergy?1 pointUse a local champion who is passionate about an idea to spread the word and get others to join in this effort.Lower financial, geographical, and informational barriers.Digitally showcase an analog offering to make it available to a global audience.All of the above.

What does globalisation mean in the context of business?*Globalisation means a business operating within its local areaGlobalisation means a business operating internationally or on a global scaleGlobalisation means a business buying goods from one overseas country

______ is the process of integrating local markets into one global market whereas the focus of ______ is the expansion of the client base of a local business in international markets.Localisation, globalisationInternationalisation, localisationInternationalisation, globalisationGobalisation, internationalisation