4.3.1 Marketing Flashcards
1
Q
Ethnocentric
A
centering on your own ethnicity, in other words sticking with the habits and attitudes that are common within your culture. It implies a refusal to change the product to suit local tastes
2
Q
Polycentric
A
welcoming of all cultures, and therefore willing to try and adsorb new things such as foods and flavors from other countries. Polycentric marketing implies a clear ambition to spread a product internationally, localising as necessary
3
Q
Price discrimination
A
charging different people different prices for the same product or service