Globalization of markets and global consumers' paradox

Global companies in the process of globalization create global consumers. Different countries, companies and persons react differently to globalization. Consumers often behave paradoxically in the process of globalization. On one hand, consumers are against globalization. On the other hand, consumer...

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Bibliographic Details
Main Authors: Rakić Beba, Rakić Mira
Format: Article
Language:English
Published: University of Novi Sad - Faculty of Economics, Subotica 2016-01-01
Series:Anali Ekonomskog fakulteta u Subotici
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2016/0350-21201636253R.pdf
Description
Summary:Global companies in the process of globalization create global consumers. Different countries, companies and persons react differently to globalization. Consumers often behave paradoxically in the process of globalization. On one hand, consumers are against globalization. On the other hand, consumers worldwide (especially younger, richer and more urban compared to others) accept popular, Western products and life style. The 'roots' of global consumers' paradox are cultural - values of national culture, global - external impact of global companies and individual - mindset of consumers.
ISSN:0350-2120
2683-4162