Examlex
________ means that services cannot be seen, tasted, felt, heard, or smelled before they are bought.
Glocalization
The practice of conducting business according to both local and global considerations, blending global objectives with local cultures and practices.
Multinational Chain Stores
Retail outlets that operate locations in multiple countries, offering standardized products or services across their locations.
Homogenizing Effects
The process of making things uniform or similar by blending diverse elements.
McDonaldization
The process by which the principles of the fast-food industry, such as efficiency, calculability, predictability, and control, dominate other sectors of society.
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