Seth is CEO of U.S.-based Fun Tyme Toys.For the past ten years the company has manufactured its products in Southeast Asia.Following the 2008 global recession,Seth began shifting production to the Midwest in the U.S.What practice is Fun Tyme Toys implementing?

Question

Quizplus · Accepted Answer

Fun Tyme Toys is implementing the practice of localization by shifting production to the Midwest in the U.S. This is an example of producing goods closer to the market they are being sold in, rather than outsourcing production to another country, which is a common practice in globalization. Hybridization refers to a mixing or blending of different cultures, which is not relevant in this scenario. McDonaldization refers specifically to the standardized and efficient processes used in fast-food restaurants, and is not applicable to this situation.

Seth Is CEO of U