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Compare and contrast the etic perspective and the emic perspective, describe how each relates to either a standardised marketing strategy or a localised marketing strategy and summarise the benefits of each.
Occupational Prestige
The subjective evaluation people give to jobs as better or worse than others.
Subjective Evaluations
Assessments based on personal opinions, feelings, or tastes, rather than objective measurements.
Socioeconomic Status
A measure of class standing, typically indicated by income, occupational prestige, and educational attainment.
Model Minority
The model minority is a stereotype that presents a particular ethnic group as having higher socioeconomic success than the average, potentially masking underlying challenges.
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