globalize
Verb: * To make something worldwide in scope, application, or influence. It refers to the process of developing, operating, or integrating on a global scale, especially in business and economics, where companies and markets become interconnected internationally.
The verb "globalize" is used to describe the action of expanding an activity, system, or phenomenon to encompass the entire world. It is often used in the passive voice ("is globalized") or as a gerund ("globalizing") to describe an ongoing process. * Transitive verb: It typically takes a direct object (e.g., globalize an industry, globalize a brand). * Intransitive verb: It can also be used without a direct object to describe the process itself (e.g., The economy continues to globalize).
- The company's strategy is to globalize its supply chain to reduce costs.
- Modern technology has helped globalize popular culture.
- Many industries began to globalize rapidly in the late 20th century.
- The debate centers on whether to globalize the regulatory standards.
- "Globalizing world/era/economy": Used as an adjective to describe the contemporary context characterized by this process.
- Companies must adapt to compete in a globalizing economy.
- "Become globalized": A common passive construction emphasizing the state or result.
- The fashion industry has become thoroughly globalized.
- Globalization (n): The process, phenomenon, or result of making something global.
- Economic globalization has led to increased trade.
- Globalized (adj): Describing something that has undergone globalization.
- We live in a globalized society.
- Global (adj): Relating to the whole world; worldwide. (This is the root adjective, not a direct variant of the verb).
- They have a global presence.
- Internationalize: To make something international in scope or character.
- Universalize: To make something universal or applicable to all cases. (Note: This often has a more conceptual, less commercial connotation than "globalize").
- Localize: To restrict or adapt something to a particular place or area.
- Nationalize: To bring under state control or ownership, or to restrict to a national scope (in a different context than economics).
- Global market: A market that operates across national borders.
- Global reach: The extent to which something (e.g., a company, an idea) is known or available worldwide.
- Forces of globalization: The economic, technological, and cultural drivers behind the globalization process.
- make world-wide in scope or application
- Markets are being increasingly globalized