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Adaptation & Standardization - Coggle Diagram
Adaptation & Standardization
Standardization
Pros of Standardization
Cost efficiency
Consistent brand image
Time-saving
Knowledge transfer
Cons of Standarization
Legal and regulatory barriers
Cultural insensitivity
Lack of market responsiveness
Reduced competitive advantage
Adaptation
Pros of Adaptation
Compliance
Competitive Advantage
Market Expansion.
Customer Satisfaction
Resource Optimization
Cons of Adaptation
Complexity
Market Segmentation
Increased Costs
Risk of Over-Adaptation
Time-Consuming