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CONTEMPORARY
CONTEMPORARY
Let us first define the two terms, Globalization is a process of interaction and
integration among the people, companies, and governments of different nations,
a process driven by international trade and investment and aided by information
technology. While on the other hand Internationalization is the practice of
designing products, services and internal operations to facilitate expansion into
international markets. So this basically means that in Globalization, it shows the
connection of different states and other organizations as well and the
Internationalization is the principle of cooperation or working together with
different states and actors in the International Community which will result to the
common good. Globalization is all about connecting the economy of states and
having trades globally while Internationalization tends to expand businesses and
enter different market of different states, individuals and corporations. It is like
Globalization is the outcome while Internationalization is the process or the tool
in order to achieve that.