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Effect of Globalization on Multicultural Consumer Behavior

Effect of Globalization on Multicultural Consumer Behavior
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Author(s): Lalita A. Manrai (University of Delaware, USA), Ajay K. Manrai (University of Delaware, USA)and Tarek T. Mady (Concordia University, Canada)
Copyright: 2016
Pages: 18
Source title: International Business: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-4666-9814-7.ch094

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Abstract

A great deal has been learned in recent years about the role of culture in consumer behavior. However, the overwhelming scope and fragmented nature of cross-cultural and cross-national consumer research often necessitates a periodic review and critical assessment of the field. We highlight the salient aspects of cross-cultural and cross-national consumer research today by offering a summary of key findings and themes, discussions of major trends, and provide insights into the future of the field. Globalization has created multicultural societies across the world. However there is relatively very limited research on multicultural consumer behavior (MCB). The main purpose of this chapter is to analyze and understand the dynamics of MCB in today's global economy and offer insights into the way forward.

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