4.3.1 - marketing Flashcards

1
Q

glocalisation

A

changing marketting stratgey to meet diffrent local needs

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2
Q

ways of glocalisation

A

ethnocentric (no change)
polycentric (fully changed)
geocentric (mixed)

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3
Q

ethnocentric

A

domestic
little to no change

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4
Q

benefit enthnocetric

A

maintain brand image
little/no cost
high profit margin

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5
Q

polycentric

A

international
adapt to suit local markets

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6
Q

geocentric

A

mix of polycentric and ethnocentric

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