How does a diversification strategy benefit a company competing in a domestic vs. global market? What, if any, differences exist between the two?

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?