globalization
//ˌɡloʊbələˈzeɪʃən//
Noun
1
The process by which businesses, organizations, or other entities develop international influence or operate on an international scale.
Globalization has allowed companies to expand their operations across multiple countries.
2
The increasing interconnection and interdependence of the world's economies, cultures, and populations, driven by trade, technology, and the flow of information.
Globalization has made it easier for companies to do business across borders.