Increased customization in products and services generally requires <u>more </u>resources and effort.
Customization requires a corporation to shift its marketing version from vendor-orientated to buyer-orientated. The goal is to assist clients higher becoming aware of what they want. Customization allows organizations to have the capacity to evolve personalization and one-to-one advertising projects for the digital advertising environment.
Mass customization in advertising refers to the motion of altering products or services to create custom studies for customers. Many industries use this approach, from retail corporations to software designers or monetary companies to modular home construction.
We have recognized four strategies for customization, which we name collaborative, adaptive, cosmetic, and transparent. While designing or remodeling a product, system, or business unit, managers must examine each of the procedures for possible insights into how nice to serve their customers.
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This is known as family branding. Family branding or also
known as umbrella branding is a marketing strategy that uses a single brand
name in marketing the products. The family branding develops familiarity in the
market due to its name and logo. This helps their new product lines to get
distinguished in the market.
Answer:
The answer is: D) They attract the largest FDI from MNEs. If you consider FDI´s share of the country´s GDP
Explanation:
The countries that are located in the base of the global economic pyramid are all underdeveloped and poor countries, so no North America, Europe, Japan, China, or Australia. If you consider the total nominal amount of Foreign Direct Investment (FDI) by Multinational Enterprises (MNEs) in the world, the countries that receive the most of them usually have large economies or high GDP per capita (only Brazil is an exception) like the US, China, Belgium, Canada, France, Russia, Singapore, etc.
But if you consider FDI as a percentage of a country´s GDP the list of receiving countries varies a lot. The following is the list of the 10 countries with the greatest share of FDI to GDP in 2011 (UN 2011 report)
- Liberia
- Mongolia
- Hong Kong SAR (China)
- Sierra Leone
- Luxembourg
- Singapore
- Congo republic
- Belgium
- Chad
- Guinea
In this list you can find 6 countries that are extremely poor but very rich in natural resources (in this case minerals). So if consider the relative size of FDI in those economies, then it´s huge. Most FDI done on poor countries is directed to mining or oil corporations.
A number that can be added but idk do u know because im bored and have home work and all fs so i need help im home schooled
