Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Week 7 Assignment_16...
The Cold War or “space race” led to the competition between the U.S. and USSR to develop space shuttles and aerospace capabilities, including human spaceflights, unmanned space probes, remote sensing,...

Week 7 Assignment
Week 7 Assignment

The Cold War or “space race” led to the compet

Discussion 1_1666689...
1. According to me, Jill recently passed out due to hypoglycemia. She is an insulin-independent diabetic patient and during her teenage period, she did not take care of her health properly. In this c...

Discussion 1
Discussion 1

1. According to me, Jill recently passed out due

Lesson 5 Assignment...
In 2021 there have been numerous fire emergencies in Miami. As soon as a fire alarm rings, a team rushes out for rescue. But suddenly, another fire emergency arises, which forces another team to rush...

Lesson 5 Assignment
Lesson 5 Assignment

In 2021 there have been numerous fire emergencies

Module 1-Discussion_International Marketing

Module 1-Discussion_International Marketing

Q 1-1. What is meant by “global localization?” Is Coca-Cola a global product? Explain.1-2. Describe the difference between ethnocentric, polycentric, regiocentric, and geocentric management orientations.3-1. Explain the role of the World Trade Organization. Why has the Doha Round of trade talks stalled?3-2. Describe the similarities and differences between a free trade area, a customs union, a common market, and an economic union. Give an example of each.

View Related Questions

Solution Preview

View Complete Solution
Global localization emerges as the use of customization of the different products which is produced by the companies and franchises which depends usually on the location. It tends to mix the standardization and customization which helps in reducing the overall costs and it maximizes the satisfaction and the products that are customized depends on the location. There is a slogan which is used that explains to think globally but act locally. Global localization helps in representing the attempt to capture the main spirit of holding an organization and also to manage all the problems that might be created on a particular location.