While internationalisation is not the same as globalisation, internationalisation has been a component of globalisation.

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True. Internationalisation refers to the process of expanding activities, products, and services on a global scale. It involves entering new markets, adapting products to local preferences, and establishing partnerships with foreign entities. On the other hand, globalisation is a broader concept that encompasses various aspects such as the interconnectedness of economies, cultural exchange, and the free flow of information and resources across borders. In this context, internationalisation is considered a component or driving force of globalisation, as it contributes to the expansion and integration of global markets and economies.