Final answer:
Globalization refers to the interconnectedness of a country with other cultures, primarily through international trade, integrating governments, cultures, and markets. It is characterized by the diffusion of products and ideas across national borders, which can lead to cultural integration and is exemplified by multinational corporations like McDonald's.
Step-by-step explanation:
As it relates to international product adoption, the term globalization refers to the extent to which a country is connected to other cultures. Globalization is the process of integrating governments, cultures, and financial markets through international trade into a single world market, which often starts with a single motive such as market expansion.
Examples of globalization include the presence of McDonald's restaurants in almost every country around the world, which is not only an example of globalization but also of diffusion. Diffusion is related to how material and nonmaterial culture crosses borders and integrates into the mainstream. The trend toward globalization has increased the cultural, political, and economic connections between people worldwide, leading to more international trade and financial capital flows.
Despite its benefits, there are also criticisms of globalization, such as the fear that it gives too much power to multinational corporations and can influence political decisions. Nonetheless, globalization has led to increased interconnectedness and sharing of various aspects of culture across different societies and economies.