TY - JOUR AB - The debate over the standardization and/or localization of marketing strategy has proceeded without a sound theoretical underpinning. Attempts to generate such an underpinning through the development of a conceptualization of the globalization of world markets. Further, and more importantly, presents a three‐step process to assist marketing managers in assessing the appropriateness of strategy implementation. Utilizes the electronics industry as an illustration of the appropriateness of the model. Provides a much‐needed conceptualization of the globalization process and an enumeration of the necessary economic conditions for marketing strategy determination. VL - 15 IS - 3 SN - 0263-4503 DO - 10.1108/02634509710165911 UR - https://doi.org/10.1108/02634509710165911 AU - Hu Michael Y. PY - 1997 Y1 - 1997/01/01 TI - Conceptualizing the global marketplace: marketing strategy implications T2 - Marketing Intelligence & Planning PB - MCB UP Ltd SP - 117 EP - 123 Y2 - 2024/04/25 ER -