What Is the Difference Between Individualism and Collectivism? What Is

question 26

Essay

What is the difference between individualism and collectivism? What is the relationship between government and business under each orientation?

---

Definitions:

Product Availability

The extent to which products are in stock and accessible for purchase by consumers at any given time.

Customer-Driven Companies

Businesses that prioritize the needs and preferences of their customers in all aspects of their operation, from product development to customer service.

Additional Value

The extra features or benefits offered by a product or service, beyond the basic functions, that can lead to increased customer satisfaction and loyalty.

Customer Satisfaction

An indicator of how well a product or service meets the expectations of its users, critical for cultivating customer loyalty.