Globalization refers to the increasing integration and interdependence of economies across the world through international trade, investment, and financial capital flows. It involves companies expanding their business operations globally. The key drivers of globalization are international trade, capital flows, technology advancement, communication, and population mobility. As companies become more global in their operations, they typically progress from having a domestic focus to establishing international subsidiaries, and eventually operating as multinational or global firms. Successful globalization requires conditions like business freedom, infrastructure, government support, access to resources, and competitiveness. Potential benefits include increased foreign investment, competition, consumer choice, and innovation. However, challenges include attracting investment, economic inequality, unemployment, increased competition, and barriers