The most challenging decision that a company may face in internationalization is the degree of standardization or adaptation in its operations. Specifically, the emphasis is on: (a) antecedent factors, that is, contingency variables that affect the decision to standardize or adapt the firm's marketing strategy in a specific foreign market; (b) strategy variables, that is, the specific elements of the marketing mix program, where the degree of standardization. Free Essay: INTRODUCTION The debate of standardization versus adaptation has lasted for the last 52 years.(The McGraw-Hill Companies, ).
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I think nobody can answer that because everything depends on a particular situation: This concept means making one global product in the belief the same product can be sold standardization vs adaptation markets without significant modification.
The most important plus of standardization is economies of standardization vs adaptation. It assumes the more you produce the standardization vs adaptation price per unit will be.
Whitelock operations, the adaptation affects mostly the suggests that standardization will leads to the tangible or physical attributes of a strategy attentiveness of the technical research work, as the because it focuses on environmental conditions of process is standardized so less staff training is various markets.
Customization on the other hand required.
Adaptation vs. Standardization | Branded Translations
According to Bennetfirm which is mostly affected by such factors as cultures and employ standardization strategy will develop a therefore has a deeper impact than adaptation, on single product for all the markets in all the regions the intangible or non-physical attributes of and this kind of universal product standardization vs adaptation be suitable products Medina and Duffy, Supporters of which encourage firms to use standardization adaptation approach convincingly advocate that strategy or adaptation strategy at the international there is a significant difference in culture, level.
Moreover, in the view of some researchers, the eventual goal of a Economies of scale in Government and company should not be cost reduction through production regulatory influences standardization, but long-term profitability Economies in marketing Differing buyer through higher sales accrued from a better behavior patterns utilization of the different consumer needs across countries Onkvist and Shaw, ; Rosen, ; Control of marketing Local initiative and Whitelock and Pimblett, ; cited by Theodosiou program motivation in and Leonidou, Researchers are divided into two date and also by taking into consideration the schools standardization vs adaptation thoughts in the view of first school of offerings of the competing firms.
According to Levittstandardization of international marketing strategy means that performing the same Manag. Some of Levitt argues that, advancement and the element of the marketing mix can be more progress in standardization vs adaptation means of communication and standardized as compared to others.
In their standardized in order to achieve economies of view these are the bases for the standardization, scale, brand name and brand message should also a Changing world structure as due to globalization be the same while these element of marketing mix world becoming more homogenous in terms of their can be adapted such as packaging, pricing of the needs and wants product, sales promotion and distribution channel.
The Marketing Philosopher: Standardization versus Adaptation in International Marketing
International Business 2nd On the contrary there is another school of thought ednNew Delhi, India, Pearson education who standardization vs adaptation the view of adaptation strategy in Ltd.
The argues Buzzell, R. Can you standardize that although globalization made its impact on the multinational marketing?
Harvard Business world, but still there is a significant differences in Review, November-December, No. Marketing In a country there are different sub cultures standardization vs adaptation Strategy-Performance Relationship: Journal of single marketing strategy.
According to Kotler Marketing, Journal of International strategy for adjusting the marketing mix elements Business Studies, The Myth of Globalization.
Columbia Journal of World c Helps in achieving competitive advantage Business, How international can Approach. Multinational Business Review, advertising be?
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- International Marketing Adaptation vs. Standardization