How do internationalisation and globalisation differ, according to the material?

How do internationalisation and globalisation differ, according to the material?

• A. Internationalisation is increasing activity in international markets; globalisation includes harmonisation of laws into a single global market
• B. Globalisation and internationalisation are identical
• C. Internationalisation means closing borders
• D. Globalisation is about domestic focus

Answer: (A)

Internationalisation and globalisation describe different levels of cross-border business activity. The material treats internationalisation as firms increasing activity in international markets—exporting, investing abroad, or setting up foreign operations—focusing on expanding beyond the home country. Globalisation involves a deeper integration of economies, including harmonisation of laws and standards so markets operate more like a single, interconnected system. This is why the best choice describes internationalisation as increasing activity in international markets, while globalisation includes the harmonisation of laws into a single global market. The other statements don’t fit: closing borders isn’t expansion into international markets, globalisation isn’t about a domestic focus, and the two concepts are not identical.

Internationalisation and globalisation describe different levels of cross-border business activity. The material treats internationalisation as firms increasing activity in international markets—exporting, investing abroad, or setting up foreign operations—focusing on expanding beyond the home country. Globalisation involves a deeper integration of economies, including harmonisation of laws and standards so markets operate more like a single, interconnected system. This is why the best choice describes internationalisation as increasing activity in international markets, while globalisation includes the harmonisation of laws into a single global market. The other statements don’t fit: closing borders isn’t expansion into international markets, globalisation isn’t about a domestic focus, and the two concepts are not identical.