globalize
Make universally connected
Globalize means to make worldwide in scope or application.
Businesses globalize by expanding operations across national borders.
Industries globalize when production and markets become internationally interconnected: Manufacturing has globalized over the past forty years.
The term often carries critical undertones, suggesting homogenization of local cultures or exploitation of cheaper labor markets.
Interconnected computer systems
- connectivityState of being linked
- digitalizationConverting to electronic format
- telecommunicationsRemote signal transmission technology
- e-commerceInternet-based buying and selling
satellite · fiber-optic · mobile · smartphone · platform · streaming · borderless · real-time
Exchange of commodities
- marketsTrade gathering places
- exportsGoods sold abroad
- importsGoods brought in
- capitalismPrivate profit-based economy
tariffs · outsourcing · offshoring · supply-chain · liberalization · deregulation · IMF · WTO
State of varied elements
- cosmopolitanCulturally sophisticated, internationally fluent
- fusionJoining into unity
- hybridizationMixing distinct genetic lines
- diasporaScattered population sharing origins
migration · cuisine · language · music · fashion · media · Hollywood · Bollywood
Operating across multiple countries
- corporationLegally separate business entity
- conglomerateCorporation spanning many industries
- subsidiaryOf lesser importance
- franchiseLicensed business operation
expansion · cross-border · offshoring · outsourcing · supply-chain · branding · logistics · headquarters
Adopting Western cultural practices
- AmericanizationAdopting US cultural norms
- McDonaldizationSociety adopting fast-food principles
- monocultureSingle-crop agricultural system
- standardizationImplementing uniform technical specifications
uniformity · conformity · homogeneity · consumerism · assimilation · commodification · bland · generic
Mutual joining of parts
- interdependenceReciprocal reliance between entities
- harmonizationCreating consistency across systems
- convergenceProcess of approaching sameness
- cooperationJoint action toward shared aims
alliance · partnership · networking · coordination · unification · treaty · multilateralism · supranational
internet
Interconnected computer systems
- connectivityState of being linked
- digitalizationConverting to electronic format
- telecommunicationsRemote signal transmission technology
e-commerce · satellite · fiber-optic · mobile · smartphone · platform · streaming · borderless · real-time · virtual
trade
Exchange of commodities
capitalism · tariffs · outsourcing · offshoring · supply-chain · liberalization · deregulation · IMF · WTO · NAFTA
diversity
State of varied elements
- cosmopolitanCulturally sophisticated, internationally fluent
- fusionJoining into unity
- hybridizationMixing distinct genetic lines
diaspora · migration · cuisine · language · music · fashion · media · Hollywood · Bollywood · K-pop
multinational
Operating across multiple countries
- corporationLegally separate business entity
- conglomerateCorporation spanning many industries
- subsidiaryOf lesser importance
franchise · expansion · cross-border · offshoring · outsourcing · supply-chain · branding · logistics · headquarters · footprint
Westernization
Adopting Western cultural practices
- AmericanizationAdopting US cultural norms
- McDonaldizationSociety adopting fast-food principles
- monocultureSingle-crop agricultural system
standardization · uniformity · conformity · homogeneity · consumerism · assimilation · commodification · bland · generic · sameness
interconnection
Mutual joining of parts
- interdependenceReciprocal reliance between entities
- harmonizationCreating consistency across systems
- convergenceProcess of approaching sameness
cooperation · alliance · partnership · networking · coordination · unification · treaty · multilateralism · supranational · bloc
- Business Strategiesexpand, diversify, outsource, merge, restructure
- innovateinnovate, modernize, revolutionize, transform, overhaul
globalizelocalize
Fix to specific spot
regionalize · nationalize · domesticate · particularize · isolate
- economic globalizationCross-border financial integration
globalization, globalism, globalized, globalist, globalizes, globalizing, globalised, globalise, globalises