Which of the following options describes 'glocalization' in selling products globally?

Glocalization refers to the practice of adapting a product's marketing and strategies to fit local markets while maintaining a consistent core offering. This approach recognizes the importance of local cultural nuances, consumer preferences, and market conditions while still leveraging the strength and identity of the global brand.

By choosing local adaptation while keeping the core product consistent, businesses can effectively meet the specific needs and desires of diverse consumer bases around the world. This allows companies to resonate with local customers and establish stronger connections while benefitting from brand recognition and operational efficiencies that come from having a standard core product.

The other choices do not accurately capture the essence of glocalization. Implementing a uniform marketing strategy disregards the unique characteristics of local markets. Introducing entirely new products in every market can lead to inefficiencies and may conflict with brand consistency. Finally, eliminating all variations to streamline production ignores the importance of adapting to local tastes and preferences, which is crucial for success in global markets.