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Internationalization is a crucial strategy not only for companies that seek horizontal integration globally but also for countries that addresses the sustainability of its development in different manufacturing as well as service sectors especially in higher education which is a very important context that needs internationalization to bridge ...
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
Vygotsky provides an alternate definition for internalization, the internal reconstruction of an external operation. He explains three stages of internalization: [10] An operation that initially represents an external activity is reconstructed and begins to occur internally. An interpersonal process is transformed into an intrapersonal one.
For example, the same set of circumstances and processes that have promoted the location of factories and offices abroad have also contributed to the creation of large supply of low-wage jobs for which immigrant workers constitute a desirable labor supply.
He notes that economic globalization began after World War II, whereas internationalization began over a century ago. [ 73 ] George Ritzer wrote about the McDonaldization of society and how fast food businesses spread throughout the United States and the rest of the world, attracting other places to adopt fast food culture. [ 74 ]
Social localisation (or localization) [nb 1] (from Latin locus (place) and the English term locale, "a place where something happens or is set") [1] is, like language localization the second phase of a larger process of product and service translation and cultural adaptation (for specific countries, regions or groups) to account for differences in distinct markets and societies, a process ...
An example of such standard is the intermodal container. Containerization dramatically reduced the costs of transportation, supported the post-war boom in international trade, and was a major element in globalization. [50]
In international relations (IR), constructivism is a social theory that asserts that significant aspects of international relations are shaped by ideational factors. [1] [2] [3] The most important ideational factors are those that are collectively held; these collectively held beliefs construct the interests and identities of actors.