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Centralization of the translation process

The dictionary definition of the word centralization is “it is the process by which the activities of an organization become concentrated within a particular location and/or group”. This concept of centralization is more relevant today in the face of increased globalization of companies today than ever before. It is particularly relevant to the activity of translation in order to maintain consistency as well as lower overall cost of translation.

Facing intense competition, companies like those in finance and insurance are increasingly globalizing their operations by opening offices in other countries where business opportunities abound. While doing so they cannot ignore the … Continue Reading