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Global product as a result of globalization process

Author

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  • Wach, Krzysztof

Abstract

The paper elaborates on the process of global product creation. The author tries to define a global product. Basic product strategies on global market are described, among them: standardization, adaptation and diversification. Premises and conditions for product standardization as well as determiners of standardization and adaptation are quoted. Many examples of global product and its strategies are described.

Suggested Citation

  • Wach, Krzysztof, 2003. "Global product as a result of globalization process," MPRA Paper 31660, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:31660
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    File URL: https://mpra.ub.uni-muenchen.de/31660/1/MPRA_paper_31660.pdf
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    Citations

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    Cited by:

    1. Richard Sagor Mitra, 2020. "Importance of Standardization in Minimizing Cross-cultural Miscommunication," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 11(3), pages 01-07, September.

    More about this item

    Keywords

    global product; globalization; standardization; adaptation; product positioning;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • M30 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - General

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