Which retail strategy is known as 'Glocalization' in geographic market expansion?

In today's global marketplace, successful retailers must navigate complex geographic considerations when expanding into new territories. This poll tests your knowledge about how major brands adapt their product strategies to local geographic contexts. Understanding regional consumer preferences, cultural sensitivities, and market-specific challenges is critical for successful retail expansion across different geographic regions.

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Maintaining identical products and marketing across all global markets to ensure brand consistency
Adapting global products and strategies to fit local geographic and cultural preferences while maintaining core brand identity
Completely redesigning products for each individual market with no consistency between regions
Focusing exclusively on high-density urban areas while avoiding rural markets in all geographic regions