Importance of Globalization

1. There is a movement towards a globalization ofpasta eaten, and these differences are unlikely to be
markets, as the tastes and preferences ofeliminated any time soon. Hence, often there is still a
consumers in different nations are beginning toneed for marketing strategies and product features
converge upon some global norm. The globalto be customized to local conditions.
acceptance of Pepsi Cola, Levi's jeans, Sony2. There is a movement towards a globalization of
Walkmans, and McDonald's hamburgers are allproduction, as firms disperse parts of their production
examples. Yet there are still significant differences -processes to different locations around the globe to
Germany still leads in per capita beer consumption,take advantage of national differences in the cost
with a local pub on almost every corner and in someand quality of factors of production. The examples of
cities, women selling beer out of their front windowsBoeing and Swan Optical illustrate how production is
to passers by on the street. The French lead in winedispersed. While part of the rationale is based on
consumption, and the consumption of wine is acosts and finding the best suppliers in the world,
natural part of life anywhere in France. Italians lead inthere are also other factors.