The Process Whereby Companies Find Out How Others Do Something

question 105

Short Answer

The process whereby companies find out how others do something better than they do and then try to imitate or improve it is known as __________.

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Definitions:

Cultural Hybrids

Entities or concepts that emerge from the blending or amalgamation of elements from different cultures, often leading to new forms of expression or identity.

George Ritzer

A sociologist best known for his concept of McDonaldization, which criticizes the rationalized processes of efficiency, predictability, calculability, and control in societal institutions.

"Nonplaces"

Spaces characterized by transitory and impersonal relations, such as airports and supermarkets, as defined by anthropologist Marc Augé.

Subtype

A specialized form or variation of a broader category or group.