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glocalization

n. The global distribution of a product or service that is tailored to local markets

Wikipedia
Glocalization

Glocalization (a portmanteau of globalization and localization) is the adaptation of international products around the particularities of a local culture in which they are sold. The process allows integration of local markets into world markets.

The term first appeared in a late 1980s publication of the Harvard Business Review. At a 1997 conference on "Globalization and Indigenous Culture," sociologist Roland Robertson stated that glocalization "means the simultaneity --- the co-presence --- of both universalizing and particularizing tendencies."

McDonald's restaurants' menus adopted the practice and customized its menus to suit local tastes in various countries. This phenomenon is the relative inverse of Americanization and the suppressing of local preferences in favor of providing goods and media whose content has been dictated by foreign entities. Glocalization can also involve the use of culturally friendly media to encourage the acceptance of foreign products among a local audience.