Write an analysis of the strategic approaches that businesses can take for domestic and global competition. In your analysis, include the following:
Briefly describe your selected company, including its industry; whether it offers products, services, or both; the size of the company; and where it is located or where it operates (if multiple locations).
For your selected company, which approaches do you think are most effective for reaching a domestic market? What about for a global market? Why do those differences exist?
How does a diversification strategy benefit a company competing in a domestic vs. global market? What, if any, differences exist between the two?