Difference between localization and globalization

Below are the definition’s which is taken from the Microsoft glossary.
Globalization: It is the process of developing a program core whose features and code design are not solely based on a single language or locale.
Localization: The process of adapting a program for a specific local market, which includes translating the user interface, resizing dialog boxes, customizing features (if necessary), and testing results to ensure that the program still works. You can visualize globalization as more of architecture decisions. While localization is adapting your content to local market. Localization phase occurs before globalization phase.