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

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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

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3
Q

Price discrimination

A

charging different people different prices for the same product or service

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