Final answer:
Localization is the adaptation of products or services to meet the language, culture, or laws of a different country, and is an aspect of globalization which integrates governments, cultures, and markets.
Step-by-step explanation:
The process of adapting certain functions to accommodate the language, culture, or governing laws of a different country is known as localization. This involves modifying products or content to ensure they are culturally and linguistically appropriate for the target market. The goal of localization is often to provide a product or service that feels as if it were created specifically for a particular region, despite being part of a global offering.
For example, a company operating internationally might use localization to adapt its website and product packaging to reflect local languages and cultural nuances. This can include adjustments in design, currency, units of measure, and legal requirements to meet local consumer expectations.
Globalization is a broader concept involving the integration of governments, cultures, and financial markets into a single world market, often driven by international trade. Localization is one aspect of globalization, ensuring that global products and services are adjusted to fit local markets.