People around the globe are more connected to each other than ever before Information and money flow more quickly than ever Goods and services produced in one part of the world are increasingly available in all parts of the world International travel is more frequent International communication is commonplace This phenomenon has been titled “globalisation ” << Return
The gradual reduction of regional contrasts at the world scale, resulting from increasing international cultural, economic and political changes (de Blij & Muller, 1996) Greenfield site A parcel of land that has not previously been used for urban land uses
is a more advanced form of internationalisation that implies a degree of functional integration between internationally dispersed economic activities
the process whereby trade is now being conducted on ever widening geographical boundaries Countries now trade across continents and companies also trade all over the world
growth to a global or worldwide scale; "the globalization of the communication industry"
Globalisation is the term used to describe the increased pace of interconnectedness that has taken place over recent years It came about as a result of two developments Firstly, technological changes have enabled information and goods to travel much faster than before, making it easier to transport things and communicate with people Secondly, the end of the cold war and the spread of a new political philosophy of liberalisation led to the removal of trade barriers As a result of globalisation, foreign trade and investment have grown dramatically
The increasing integration of world markets for goods, services, and capital It has also been defined as a process by which nationality becomes increasingly irrelevant in global production and consumption
refers to the increasing economic integration and interdependence of countries Economic globalization in this century has proceeded along two main lines: trade liberalization (the increased circulation of goods) and financial liberalization (the expanded circulation of capital)
the closer integration of the countries of the world-especially the increased level of trade and movements of capital-brought on by lower costs of transportation and communication
—The practice of designing and developing software that can be adapted to run in multiple locales Globalized software does not make assumptions about human language, country, regional, or cultural information based on a single locale Instead, the software is written to change the locale-specific information it uses to process data and display information to the user based on the configured locale of the operating system, or the personal preference of the user Also called internationalization See localization, satellite assembly
the newest development in the expansion of global capitalism It is a new manifestation of an old system of market liberalism, only this time it is occurring on an international, rather than national level Marked by the expansion of the size and power of multinational corporations
The process of making all the necessary technical, financial, managerial, personnel, marketing, and other enterprise decisions necessary to facilitate localization Products have to be globalized before they are localized A well-globalized product is one that has been enabled at a technical level for localization In other words a globalized product does not require remedial engineering or redesign, as opposed to adaption to a specific local language or platform
Far-reaching structural change in banking The visible expression of this structural change is the increasing use of a large number of innovative financial instruments together with a progressive Integration of national financial markets into international ones The last-mentioned development in particular led to a sharp increase in cross-border monetary and capital transactions, creating talk of the internationalization of financial markets or globalization of banking
In the translation/localization business marketplace, it refers to the whole problem of making any product or service global, with simultaneous release in all markets Web site globalization means more than just making one web site respond to the different language and regional requirements of the browser Globalization includes the process by which site development, update processes, and workflow are engineered to provide a comprehensive framework for cost-effective multilingual site development and maintenance - incorporating overseas offices, consultants, translators, etc Sometimes achieved by neutralizing the cultural elements, superior global sites are those that enrich the cultural elements appropriately in each locale
A company's business expansion into other continents Global companies need to keep abreast of other countries' and markets' technological, political, economic and cultural backdrops, and their changing business environments Graphical user interface, pronounced (GUI) An interface to an application that allows users to do things by clicking on a visual screen, as opposed to typing commands on a line GUIs (pronounced "gooey") feature the following components: a pointing device (such as a mouse), icons, windows and menus Groupware Software that helps groups of people who work on a network communicate electronically and share data, such as email, meeting scheduling and file distribution applications
- accelerating trend that is creating greater access and exposure to opportunities, values, and products while also bringing threats such as increasing worldwide social and environmental destruction More
Designing and implementing software so that it can support all targetted locales and user interface languages without modification to the software source itself This processing includes enabling for all target languages, and adding NLS support for target locales
the process of making something such as a business operate in a lot of different countries all around the world, or the result of this. Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation technologies and services, mass migration and the movement of peoples, a level of economic activity that has outgrown national markets through industrial combinations and commercial groupings that cross national frontiers, and international agreements that reduce the cost of doing business in foreign countries. Globalization offers huge potential profits to companies and nations but has been complicated by widely differing expectations, standards of living, cultures and values, and legal systems as well as unexpected global cause-and-effect linkages. See also free trade
the trend in which businesses cross international boundaries Perhaps the most hackneyed of any buzzword, it even thrives in mainstream culture (think globally, act locally or whatever) The process of making something worldwide in scope or application