What is Globalization?
A definition of Globalization
“Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale.”

Business Glossary > What is Globalization?
Examples of Globalization in a Sentence:
Globalization has opened up new markets for businesses around the world.
The globalization of technology has facilitated global communication.
Many companies thrive due to the effects of globalization.
Why is Globalization Important in Business?
Globalization is fundamental in understanding how markets and businesses operate and interact on a global scale. It affects trade regulations, cultural exchanges, and market dynamics, offering both growth opportunities and competitive challenges.
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Associated Terms
Here are some associated business terms and synonyms for “Globalization”:
- Internationalization
- Global Integration
- World Trade
Google and Globalization
Google illustrates the impact of globalization as it operates in multiple countries, adapting its services to local markets and dealing with international regulations, greatly benefiting from global networks of data and communication.
Final Notes on Globalization
Consideration of political climates, regulatory environments, and cultural nuances is essential when navigating globalization. Companies should leverage technology and market research to effectively engage in global markets.
This has been a definition of Globalization meaning.
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