internationalization


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internationalization

or

globalization

the expansion of a firm into foreign economies by EXPORTING, but more specifically by FOREIGN INVESTMENT in the establishment of components factories, manufacturing plants and sales subsidiaries. See MULTINATIONAL ENTERPRISE, FOREIGN MARKET SERVICING STRATEGY.

International growth provides additional sales opportunities for firms constrained by the small size of their national markets and serves to reduce their dependency on a single national market to generate profits. See STRATEGIC DIRECTION.

internationalization

see MULTINATIONAL COMPANY.
References in periodicals archive ?
Firstly, there is a clear lack of financial means, fact that refrain businesses from carrying out a well-developed internationalization plan.
On the other hand, however, businesses should take into account till which extent it is relevant for the success of the internationalization the fact of being both constant and persistent.
The rate of internationalization integration in class is not high
The distribution of the rate of internationalization integration in class looks like a spinner bait with two small heads and a big middle as shown in Figure 1.
We first present the review of literature on the internationalization process and barriers to internationalization, and we formulate our research hypotheses.
Internationalization has been defined as 'the process of increasing involvement in international operations' (Welch & Luostarinen, 1988, p.
2 The internationalization of higher education: concepts, opportunities, and challenges.
It was in the early 1990s, however, with the spread of economic globalization, that international cooperation in higher education expanded at an unprecedented speed and that the term internationalization began to be used.
Internationalization has a positive effect on firm performance in Chindia countries.
Franchising, dual degrees, distance education and various articulation models are important forms of internationalization of higher education.
There is a dearth of studies conducted on the internationalization processes in the country.
In particular, given the contradictory suggestions in the literature regarding the likely performance effects of rapid internationalization, there have been calls for further clarification of the effects of internationalization speed on firm performance (Casillas and Moreno-Menendez 2014).