Internationalization (noun)

1. The act of making something international in character or scope.
2. The process of adapting a product or service for use in multiple countries.

Origin:

Derived from the latin word 'internationālis' meaning 'between nations'. the word was first used in the late 19th century.

Examples:

1. The internationalization of the company required the adaptation of its products for the local market.
2. The university's efforts towards internationalization resulted in the establishment of partnerships with foreign institutions.
3. The global economy has led to the internationalization of many industries.
4. The software was designed with internationalization in mind, allowing for easy localization.
5. Internationalization has become a critical aspect of business strategy in the 21st century.