Modifying a product’s features, positioning, or communications to meet unique preferences and conditions in foreign international markets is:
AStraight Extension Strategy
BGlobal Homogenization
CAdaptation Strategy
DStandardization Strategy
Explanation
* Product/Communication Adaptation alters products and messages to fit local cultural, regulatory, or economic conditions.
* Standardization uses identical marketing mix strategies globally to achieve economies of scale.
* ‘Glocal’ approach balances global efficiency with local responsiveness (‘think global, act local’).
Exam Relevance
- Topic: Global Marketing
- Subtopic: Global Strategy

No Comments