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This paper applies the principles of glocalization theory to Disney’s successful adaptation in Hong Kong. Glocalization refers
to the interface of the global and the local. After Hong Kong Disneyland’s lack of success within a year of its opening in
2005, Disney executives attempted to cater to the local Chinese context. From a glocalization perspective, four major changes
were made: (1) reduction of prices; (2) adaptation to local visitors’ customs; (3) change of décors and settings; and (4)
adaptation of labor practices. Ever since, Hong Kong Disneyland has proved successful: park attendance and revenues from growth
have increased. 相似文献
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This article analyzes the role of glocalization in Wal-Mart's venture in the United Kingdom. In 1999, Wal-Mart acquired ASDA, a British food retailer. Glocalization refers to strategies adopted by multinational corporations to cater to local tastes and differences after entering a foreign market. The authors' main argument is the following: after Wal-Mart acquired ASDA, it did not manage to successfully impose its Wal-Martization strategies because they consisted mainly of “organic growth” strategies. Organic growth is a practice whereby a corporation overpoweringly imposes its home-based blueprint of product consumption and corporate culture on foreign cultures. As demonstrated in this analysis, Wal-Mart had to drop its Bentonville-based shopping and corporate formula and, instead, adopt the principles of glocalization. 相似文献
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Jonathan Matusitz 《国际粮食与农业综合企业市场学杂志》2014,26(4):298-315
This article analyzes the Wal-Martization of the world by using a theoretical concept called grobalization. Grobalization refers to imperialistic goals, desires, and needs of large corporations, or even entire countries, to impose themselves in various areas of the world so that their power, influence, and profits can grow. As a form of unbounded capitalism and cultural imperialism, grobalization is both a specific and an extreme form of globalization. The rapid global expansion of Wal-Mart, the largest and most successful corporation in the world, exemplifies the reality of grobalization. The Wal-Martization of the world has revealed that local cultures are being overwhelmed by grobalization. As the grobal penetrates the local ever more, less and less of that local will remain uninhibited by grobal influences. As illustrated in the Wal-Martization of Mexico and China, cultures are changing as a result of grobalization. 相似文献
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