Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Product standardization and adaptation in International Marketing: A case of McDonalds
University West, Department of Economics and IT.
University West, Department of Economics and IT.
2012 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

Companies marketing their products and/or services overseas are faced with the decision of whether to standardize or adapt their product offerings. This decision concerns firms commencing to market their products in foreign countries as well as those already operating internationally and is considering expanding into further markets.

The standardization of products across cultures is increasingly becoming an important issue that the managers of global firms are today facing. As international marketing in the 21st century receives significant research attention, it seems the cost benefits and administration of standardization strategies has simplified the international marketing approach as well as being an attractive choice for many firms.

On the other hand, product adaptation strategies are also being considered as perhaps the most influential aspect for Multinational Corporations (MNCs). Seeing that past research has established that standardization enhances performance outcomes, more recent theories suggests that this may not always be the case. In today's globalized world, the choices of standardization versus adaptation of international products are no longer being seen as an inflexible choice. Instead, combinations of the two options are being regarded, given the dependent factors at a given time on a given market.

However, with the emergence of homogeneous (identical) markets worldwide, it is still a question of whether MNCs will or will not intermix both the standardization strategies and adaptation product strategies. To that effect it would perhaps be more interesting to look beyond the dichotomy of standardization and adaptation as product strategies, that is not necessarily comparing which is the better option of these two comparisons. Through a single case study of a multinational fast food retailer McDonalds Company, a research agenda was placed on investigating the level of adapting or standardizing of products by Multinational Corporations (MNCs).

Based on the illustrations and findings of the research, it was concluded that the choice of either complete standardization or adaptation is not an all-or nothing proposition, but a matter of degree. Hence MNCs should strive to incorporate ingredients of both approaches based on a clear understanding of the dynamics of the served markets respectively.

Place, publisher, year, edition, pages
2012. , p. 48
Keywords [en]
Standardization, adaptation, culture, product, global, international
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hv:diva-4533OAI: oai:DiVA.org:hv-4533DiVA, id: diva2:543563
Subject / course
Business administration
Uppsok
Social and Behavioural Science, Law
Supervisors
Examiners
Available from: 2012-08-13 Created: 2012-08-08 Last updated: 2012-08-13Bibliographically approved

Open Access in DiVA

Product standardization and adaptation in International Marketing; A Case of McDonalds(3156 kB)259787 downloads
File information
File name FULLTEXT01.pdfFile size 3156 kBChecksum SHA-512
e0794f17d3303d4a2264c4d3b38e9d180c154f4eb0a65d3af1e0cbfe99902fb281bf63702b7eb335bbd50ef571f5e65a3b50e542a99a4d3c0c7b2abe1c10d27a
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Membe, Nampungwe BeatriceDoriza Loukakou, Maria
By organisation
Department of Economics and IT
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 259872 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 21307 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf