BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Put simply, globalization is a process used by a company to bring its business to new locales, whereas internationalization refers to the act of designing a product or service in a way that makes the expansion into international markets a simpler process. Globalization and internationalization go hand in hand.

Detailed explanation-2: -Internationalization emphasizes the relationship between and among nations, people, cultures, institutions, systems while globalization stresses the concept of worldwide flow of economy, ideas, culture, etc.

Detailed explanation-3: -International trade happens whenever a business in one country sells to customers in another. Globalization is a political program to eliminate obstacles to international trade, creating a level playing field.

Detailed explanation-4: -Globalization is about the interconnectedness of people and businesses across the world that eventually leads to global cultural, political and economic integration. It is the ability to move and communicate easily with others all over the world in order to conduct business internationally.