Asked by Libby Marie on May 11, 2024

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Chynna Hotels, a fast-food restaurant chain, has restaurants in 25 countries worldwide. It customizes its menu and creates experiences that appeal to regional tastes. Chynna Hotels has been able to build a level of brand loyalty across borders that would not have been possible with a standard, homogenous menu. At the same time, the restaurant chain has been able to maintain a level of standardization and built an international image that transcends cultural barriers. Given this information, it can be said that Chynna Hotels has adopted a(n) _____.

A) arbitrage strategy
B) dumping strategy
C) glocalization strategy
D) skimming strategy

Glocalization Strategy

A strategy that blends global integration with local responsiveness, adapting services or products to accommodate local tastes while maintaining a global brand.

Regional Tastes

Preferences and inclinations specific to people in a particular geographic area.

Brand Loyalty

Commitment to a brand in the face of competition.

  • Comprehend how glocalization contributes to the equilibrium between global standardization and the local tailoring of products and marketing approaches.
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Nikki AllenMay 17, 2024
Final Answer :
C
Explanation :
Chynna Hotels has adopted a glocalization strategy by customizing its menu to appeal to regional tastes while maintaining a level of standardization to build an international brand, effectively combining global and local strategies.