Business
globalisation
noun
Definition
The process by which businesses develop international influence or operate on an international scale.
In a sentence
“Globalisation has enabled companies to access new markets and cheaper labour overseas.”
Synonyms
internationalisationworldwide integration
Common collocations
- economic globalisation
- effects of globalisation
- globalisation of trade
More from Business
entrepreneur
noun
A person who organises and operates a business, taking on financial risk to do so.
revenue
noun
Income generated by a business from its normal business activities.
supply chain
noun
The network of organisations involved in producing and delivering a product to the consumer.
merger
noun
The combination of two organisations into one.