Question: Globalization and localization represent two critical dimensions in today s business landscape. While globalization emphasizes standardized operations, economies of scale, and cross - border integration,

Globalization and localization represent two critical dimensions in today

s business landscape. While globalization emphasizes standardized operations, economies of scale, and cross

-

border integration, localization focuses on adapting products, services, and strategies to fit regional preferences, cultures, and regulations. Striking the right balance between these two approaches is essential for businesses to thrive in competitive markets.

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