Internationalizing, also known as globalizing, refers to the process of expanding a company's operations beyond its borders and into multiple countries. Other words that can be used interchangeably with "internationalizing" include globalizing, expanding abroad, going global, and cross-border expansion. This process involves various elements such as cultural adaptation, language proficiency in targeted countries, compliance with local laws and regulations, and forming strategic partnerships with local businesses. By internationalizing, a company can increase its market share, tap into new sources of talent and resources, and diversify its revenue streams. However, it also carries risks such as currency fluctuations, political instability in foreign markets, and language barriers.