In the past three decades, two substantial and interrelated phenomena, namely globalization and digitalization, have been reshaping the world in an unprecedented manner. Globalization is a complex and multifaceted phenomenon resulting in more interdependence and mutual awareness among economic, political, and social units across the world (Guillén, 2001; Held, McGrew, Goldblatt, & Perraton, 1999; Steger, 2010).
Read MoreDigital change is like a fast-moving tsunami, with the digitalization of many business practices creating new relationships between businesses and customers and altering the marketing landscape. Industries and organizations are increasingly disrupted by new or unique applications of technology. Incumbents that become complacent are replaced by those who embrace innovative approaches to enhance the customer experience.
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