Question
Product Adaptation vs. Product Standardization in International Marketing
Answer :
Word Count : 1399
_________ ______ _______ ___ ________ ________ ______ ____ ___ _____ ______ ______.
__________ ____ __________ ___ ____ __________ ___ ________.
________ ____ _________ _____ _________ _________ ________ ____.
_____ __________ _________ _______ ____ ______ _________.
______ __________ ________ __________ _____ _________ ___ __________ _________ _______ _____.
_____ ____ ________ ____ _________ _______ ________ ____.
____ ____ __________ _________ ____.
___ _________ _______ __________ ___ ___ _____ _________ ____.
________ _______ ____ ________ _________ ___ ______.
________ ___ ________ ______ ___ _____ _____ _________ ___ __________ _________.
____ _______ ______ _______ ____ ______ _____ _______ _____ ____.
_________ ________ _________ __________ ____ ___ ________ _____ _______ __________ ____.
_________ _____ _______ ______ __________ _________ __________.
___ _________ _____ __________ __________ ___ ____ _____ ________ ____ __________ __________.
_______ ____ __________ ____ ___ __________ ___ __________ _______ _____.
____ _______ ______ ____ _________ ____ ___ ________ ___ _____ _______.
_____ ________ _____ ______ ______ __________ ________ ______ ________.
_______ _______ __________ _____ _______ _________ ________.
_______ _______ __________ _____ _________ _________ _________ ____.
__________ ______ _________ ____ ________.
_____ _____ ______ ___ _______ ___ _________ __________ ________ _________ _________ _____.
________ _______ _______ _______ _____ ____ ______ ________ ________ _______ ____.
_______ ___ ______ ____ _____ _____ ________ ___ _______ __________.
__________ ____ __________ ____ _____ _______.
_____ ________ ______ _____ _________ ___ _____.
___ _____ __________ _________ __________ __________ __________ ______ __________ ____ _______ ____.
_____ ___ ____ ___ ________ ___ _________ __________ _______ _______.
___ ______ _______ _____ ____ __________ ____ ___ _________.
________ _______ ________ _________ ________.
____ __________ __________ ____ __________ _______ ____ _________.
_________ ____ _____ ____ _____ _____ ________.
__________ _________ ____ _____ ______.
____ ______ _____ ______ _________ ____ _________.
______ ____ __________ _______ ________ ________ _________ __________ _________ _______ ___ __________.
______ _______ _________ _________ ____ ____ __________ _______ _________.
_____ ________ __________ ______ ___ ____ _____ ________ ____.
______ ____ _________ __________ ______.
_________ ________ ________ _______ _________ _____ ___ ____ ____ _________ _________.
________ __________ ____ _________ ___ _______.
____ ________ ________ _________ ________ ________ ____ _______.
________ __________ _________ ____ _______ ________ ________ __________ ________ __________.
_____ ____ _________ __________ ________ __________.
________ _____ ______ _________ _______ _______ ___ ________ ____ ________ ________ _____.
________ ___ ______ _____ ___ __________ ___ ___.
_____ _______ __________ _________ _________ _________ __________ ________ _____ _______.
____ ________ ______ ______ ___ _________.
_______ ____ ______ ___ ____.
____ ______ __________ ____ _________ ___ ______ _______.
__________ _____ _______ _______ _______ ________ __________ ________.
_________ ______ _______ _________ ___ ___ _________ ____ __________ ___ ____ _____.
_______ ___ ________ __________ ____ ____ ______ _________ ________ _______.
_______ ____ __________ ________ _______ __________ ______ _______ __________.
______ ____ ___ __________ _______ _____ _________ __________ __________ _____.
__________ ____ ______ _____ ________.
______ ____ __________ ___ ____ ___ __________ _____ _________ _______ ______ ___.
_________ _____ __________ _________ _________ _______ ______ ________ _________ ______ ___.
__________ _____ ____ ________ ___ _____ ___ ____ ______ ________ _____ _____.
_________ ____ ________ ______ ____ _________ ______ _____.
__________ _______ __________ ______ __________ _____ _________ ____ ________ _____ ____ _________.
__________ _________ _______ ____ __________ ___ __________ _________ __________ _______ _______ ______.
_________ ________ ______ ____ __________ __________ ____ _____ _________ __________ _________ ______.
___ ________ __________ _______ _____ _______ ______.
_____ ____ ________ _________ ______ ______ __________ _______ _____.
________ ___ ________ ____ ____ ________ _______ ________ ________ _________ _________ _________.
_______ _____ _________ _______ ____ ___.
____ ______ __________ _________ ____ _________ ____ ___ _______ ______.
___ ____ ________ _________ ________ _________ _______ _________ ___ ______.
__________ ______ _____ ______ ___ _______.
____ _____ _______ ____ ___ _________ ________.
______ ____ ________ ____ _________ ____ ___ ____ _____ _______ ______ _________.
________ ________ __________ ____ _______ ___ __________.
__________ ______ _______ ___ ________.
_____ ____ _________ ______ ________ ____.
________ ________ ___ _________ _______ _____ ______ __________ __________ _______.
____ __________ _________ ______ ______ ______ __________ _____ _______.
___ __________ _________ _______ _______ _______ __________ __________ ______ ___.
____ ___ ___ ______ __________ _____ ___ ___.
_________ _____ _____ _________ __________ _________ ___.
________ ________ ________ ________ __________.
____ _____ __________ ________ _____ ___.
______ ____ _____ ______ _____ ___ _____ __________ _____ ____.
______ __________ ________ ________ _________ __________ ________ _________ ________ ________.
___ _______ ______ _______ ________ ______ ___ __________ ________.
_________ ______ ____ _________ ____ __________ _____ ___ ____ __________ __________.
______ _________ _________ ____ __________ __________.
__________ ______ _____ ________ ___ ____ __________.
____ ________ _____ _____ ____ _________ ______ ___ __________ _________.
___ _________ ___ _____ __________ ________ _________ __________ _________.
________ _____ ___ _________ ______.
_________ ___ ______ __________ ________ ______ _________ ____.
___ _______ _________ _______ ____.
____ ___ ______ _______ ____ ___ ________ ________ _________ ___.
___ ______ ________ _________ ____ __________ __________ _________ ____ ____.
__________ _______ _________ __________ ____ ____ _______.
______ ________ ______ _______ ____ ______ ____ ____ __________ _________ ________.
___ __________ _______ ____ _______ _______ _________ ________.
_______ _______ ___ ___ ______ __________ _____.
_______ ______ ________ __________ ______ __________ _________.
_______ ______ _______ ______ ________ ______ ____ ________ ______.
_______ ________ __________ ______ ____.
_______ __________ _________ _____ ___.
________ ______ ________ _____ __________ __________ __________ _______ _______.
____ ________ ___ _______ _____ ___ ________ ______.
________ ___ _______ ____ ___ __________ ____ _______.
______ ________ ___ _______ ________.
______ ___ __________ _________ ________ __________ ____ _________ ___ ____ _____ _______.
____ _______ _______ ________ _______ ____ ________ _______ __________ _________ _________.
_____ _________ _________ __________ _______ _________ ________ __________ ____ _______ ___ _____.
________ ______ ____ _____ __________ ______.
___ _________ __________ __________ ______ ____ ___ __________ _________ ______ ___ __________.
___ ________ ___ _______ ______ _______ _________ ___ ______ ___ ___.
___ ______ ________ _____ _____ ____ ________ _______ _________ ___.
______ _____ __________ ______ __________ __________ _________.
_______ _______ __________ _________ _______ _______ _________ __________ ____ ________ ______.
_____ ______ ___ ___ _____ _________ ____ ________ ___.
_______ __________ _________ ________ ___ ____ ______ ________.
_________ _________ ________ _____ _______ ______ ______ ________ ___ ______ ________ ____.
______ _____ ___ ______ ______ _______ ____ ________ _________ __________ _________.
___ _______ ______ _____ _______.
__________ _____ ___ ____ __________ _________ _____ ________.
_______ __________ __________ __________ __________ _________.
__________ _______ ___ __________ ____ ___ _______ _______ _______ _____.
_________ __________ ____ ________ _____ _______ ___.
_________ _____ __________ ________ ______ _______ _______.
______ ____ _______ ______ ____ ____ ______ _______ __________ __________ __________.
____ ________ ______ __________ _____ __________ ______ __________ __________ _________ ________ __________.
________ _______ ____ _____ _____ ______ ___.
______ __________ ______ _______ ____ _________ _______ ________.
Skip in 10
Product adaptation and product standardization are two important approaches followed by multinational enterprises when marketing products in international markets. The choice between them depends on differences in consumer preferences, culture, economic conditions, government regulations, technological standards, competition and the overall international business environment. Product standardization means offering essentially the same product with similar features, design, quality and positioning across different countries. Product adaptation, on the other hand, involves modifying a product to suit the specific requirements of consumers and market conditions in different countries. Product standardization is based on the idea that global markets are becoming increasingly similar. Advances in communication, transportation, digital technology and international trade have exposed consumers in different countries to similar brands, lifestyles and consumption patterns. A company following standardization attempts to create a uniform global product. For example, multinational companies selling smartphones, computers, automobiles and many consumer products often maintain common core features and designs across international markets. Standardization enables a company to maintain a consistent global brand identity and benefit from economies of scale. One of the major advantages of product standardization is cost reduction. When the same product is manufactured in large quantities for several international markets, the firm can achieve economies of scale in production, purchasing, research and development and packaging. Standardized production also reduces the need for separate production processes for each country. This can lower unit costs and make the product more competitive in international markets. Standardization can also simplify inventory management, quality control and distribution. Another important advantage is consistency in brand image. A standardized product allows customers across countries to associate the company with the same product quality, design and performance. Global brands such as Apple and many
_______ ___ ______ _____ _______ _____ _________ ______ __________ _________ _____ _____._________ ______ _______ ___ ________ ________ ______ ____ ___ _____ ______ ______.
__________ ____ __________ ___ ____ __________ ___ ________.
________ ____ _________ _____ _________ _________ ________ ____.
_____ __________ _________ _______ ____ ______ _________.
______ __________ ________ __________ _____ _________ ___ __________ _________ _______ _____.
_____ ____ ________ ____ _________ _______ ________ ____.
____ ____ __________ _________ ____.
___ _________ _______ __________ ___ ___ _____ _________ ____.
________ _______ ____ ________ _________ ___ ______.
________ ___ ________ ______ ___ _____ _____ _________ ___ __________ _________.
____ _______ ______ _______ ____ ______ _____ _______ _____ ____.
_________ ________ _________ __________ ____ ___ ________ _____ _______ __________ ____.
_________ _____ _______ ______ __________ _________ __________.
___ _________ _____ __________ __________ ___ ____ _____ ________ ____ __________ __________.
_______ ____ __________ ____ ___ __________ ___ __________ _______ _____.
____ _______ ______ ____ _________ ____ ___ ________ ___ _____ _______.
_____ ________ _____ ______ ______ __________ ________ ______ ________.
_______ _______ __________ _____ _______ _________ ________.
_______ _______ __________ _____ _________ _________ _________ ____.
__________ ______ _________ ____ ________.
_____ _____ ______ ___ _______ ___ _________ __________ ________ _________ _________ _____.
________ _______ _______ _______ _____ ____ ______ ________ ________ _______ ____.
_______ ___ ______ ____ _____ _____ ________ ___ _______ __________.
__________ ____ __________ ____ _____ _______.
_____ ________ ______ _____ _________ ___ _____.
___ _____ __________ _________ __________ __________ __________ ______ __________ ____ _______ ____.
_____ ___ ____ ___ ________ ___ _________ __________ _______ _______.
___ ______ _______ _____ ____ __________ ____ ___ _________.
________ _______ ________ _________ ________.
____ __________ __________ ____ __________ _______ ____ _________.
_________ ____ _____ ____ _____ _____ ________.
__________ _________ ____ _____ ______.
____ ______ _____ ______ _________ ____ _________.
______ ____ __________ _______ ________ ________ _________ __________ _________ _______ ___ __________.
______ _______ _________ _________ ____ ____ __________ _______ _________.
_____ ________ __________ ______ ___ ____ _____ ________ ____.
______ ____ _________ __________ ______.
_________ ________ ________ _______ _________ _____ ___ ____ ____ _________ _________.
________ __________ ____ _________ ___ _______.
____ ________ ________ _________ ________ ________ ____ _______.
________ __________ _________ ____ _______ ________ ________ __________ ________ __________.
_____ ____ _________ __________ ________ __________.
________ _____ ______ _________ _______ _______ ___ ________ ____ ________ ________ _____.
________ ___ ______ _____ ___ __________ ___ ___.
_____ _______ __________ _________ _________ _________ __________ ________ _____ _______.
____ ________ ______ ______ ___ _________.
_______ ____ ______ ___ ____.
____ ______ __________ ____ _________ ___ ______ _______.
__________ _____ _______ _______ _______ ________ __________ ________.
_________ ______ _______ _________ ___ ___ _________ ____ __________ ___ ____ _____.
_______ ___ ________ __________ ____ ____ ______ _________ ________ _______.
_______ ____ __________ ________ _______ __________ ______ _______ __________.
______ ____ ___ __________ _______ _____ _________ __________ __________ _____.
__________ ____ ______ _____ ________.
______ ____ __________ ___ ____ ___ __________ _____ _________ _______ ______ ___.
_________ _____ __________ _________ _________ _______ ______ ________ _________ ______ ___.
__________ _____ ____ ________ ___ _____ ___ ____ ______ ________ _____ _____.
_________ ____ ________ ______ ____ _________ ______ _____.
__________ _______ __________ ______ __________ _____ _________ ____ ________ _____ ____ _________.
__________ _________ _______ ____ __________ ___ __________ _________ __________ _______ _______ ______.
_________ ________ ______ ____ __________ __________ ____ _____ _________ __________ _________ ______.
___ ________ __________ _______ _____ _______ ______.
_____ ____ ________ _________ ______ ______ __________ _______ _____.
________ ___ ________ ____ ____ ________ _______ ________ ________ _________ _________ _________.
_______ _____ _________ _______ ____ ___.
____ ______ __________ _________ ____ _________ ____ ___ _______ ______.
___ ____ ________ _________ ________ _________ _______ _________ ___ ______.
__________ ______ _____ ______ ___ _______.
____ _____ _______ ____ ___ _________ ________.
______ ____ ________ ____ _________ ____ ___ ____ _____ _______ ______ _________.
________ ________ __________ ____ _______ ___ __________.
__________ ______ _______ ___ ________.
_____ ____ _________ ______ ________ ____.
________ ________ ___ _________ _______ _____ ______ __________ __________ _______.
____ __________ _________ ______ ______ ______ __________ _____ _______.
___ __________ _________ _______ _______ _______ __________ __________ ______ ___.
____ ___ ___ ______ __________ _____ ___ ___.
_________ _____ _____ _________ __________ _________ ___.
________ ________ ________ ________ __________.
____ _____ __________ ________ _____ ___.
______ ____ _____ ______ _____ ___ _____ __________ _____ ____.
______ __________ ________ ________ _________ __________ ________ _________ ________ ________.
___ _______ ______ _______ ________ ______ ___ __________ ________.
_________ ______ ____ _________ ____ __________ _____ ___ ____ __________ __________.
______ _________ _________ ____ __________ __________.
__________ ______ _____ ________ ___ ____ __________.
____ ________ _____ _____ ____ _________ ______ ___ __________ _________.
___ _________ ___ _____ __________ ________ _________ __________ _________.
________ _____ ___ _________ ______.
_________ ___ ______ __________ ________ ______ _________ ____.
___ _______ _________ _______ ____.
____ ___ ______ _______ ____ ___ ________ ________ _________ ___.
___ ______ ________ _________ ____ __________ __________ _________ ____ ____.
__________ _______ _________ __________ ____ ____ _______.
______ ________ ______ _______ ____ ______ ____ ____ __________ _________ ________.
___ __________ _______ ____ _______ _______ _________ ________.
_______ _______ ___ ___ ______ __________ _____.
_______ ______ ________ __________ ______ __________ _________.
_______ ______ _______ ______ ________ ______ ____ ________ ______.
_______ ________ __________ ______ ____.
_______ __________ _________ _____ ___.
________ ______ ________ _____ __________ __________ __________ _______ _______.
____ ________ ___ _______ _____ ___ ________ ______.
________ ___ _______ ____ ___ __________ ____ _______.
______ ________ ___ _______ ________.
______ ___ __________ _________ ________ __________ ____ _________ ___ ____ _____ _______.
____ _______ _______ ________ _______ ____ ________ _______ __________ _________ _________.
_____ _________ _________ __________ _______ _________ ________ __________ ____ _______ ___ _____.
________ ______ ____ _____ __________ ______.
___ _________ __________ __________ ______ ____ ___ __________ _________ ______ ___ __________.
___ ________ ___ _______ ______ _______ _________ ___ ______ ___ ___.
___ ______ ________ _____ _____ ____ ________ _______ _________ ___.
______ _____ __________ ______ __________ __________ _________.
_______ _______ __________ _________ _______ _______ _________ __________ ____ ________ ______.
_____ ______ ___ ___ _____ _________ ____ ________ ___.
_______ __________ _________ ________ ___ ____ ______ ________.
_________ _________ ________ _____ _______ ______ ______ ________ ___ ______ ________ ____.
______ _____ ___ ______ ______ _______ ____ ________ _________ __________ _________.
___ _______ ______ _____ _______.
__________ _____ ___ ____ __________ _________ _____ ________.
_______ __________ __________ __________ __________ _________.
__________ _______ ___ __________ ____ ___ _______ _______ _______ _____.
_________ __________ ____ ________ _____ _______ ___.
_________ _____ __________ ________ ______ _______ _______.
______ ____ _______ ______ ____ ____ ______ _______ __________ __________ __________.
____ ________ ______ __________ _____ __________ ______ __________ __________ _________ ________ __________.
________ _______ ____ _____ _____ ______ ___.
______ __________ ______ _______ ____ _________ _______ ________.
IGNOU ACADEMY
Your IGNOU journey, made easier.
- Solved Assignments
- Study Notes
- Guess Papers
- Question Papers
Continue Reading — It's Free
Sign in with Google to unlock more of this answer.
✓ Free access
✓ Unlock up to 60% of the answer
✓ No payment required
✓ Unlock up to 60% of the answer
✓ No payment required
Quick Google sign-in. No separate registration form.