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11 INTERNATIONALIZATION: CONCEPTS COMPLEXITIES AND CHALLENGES

What are the concepts of internationalization?
Internationalization emphasizes the relationship between and among nations, people, cultures, institutions, systems while globalization stresses the concept of worldwide flow of economy, ideas, culture, etc.
What internationalization means?
/ˌɪn.t̬ɚˌnæʃ. ən. əl.əˈzeɪ.ʃən/ the action of becoming or making something become international: The research shows surprisingly strong support for the internationalization of business and culture.
What is internationalization in globalization?
Put simply, globalization is a process used by a company to bring its business to new locales, whereas internationalization refers to the act of designing a product or service in a way that makes the expansion into international markets a simpler process.
Globalization and internationalization go hand in hand.
Internationalization involves taking a business that operates primarily in a local market and expanding its operations around the world.
This can be achieved through various means, such as exporting, licensing, franchising, joint ventures, strategic alliances, and foreign direct investment (FDI).

What are the concepts of internationalization?