Read Hout, Porter, & Rudden’s (1982) article and review the three examples of the companies that were successful in competing globally. Each of the companies had a different approach to executing global strategy. In today’s current global environment, why should a company engage in international business?

Provide a 600 to 800-word summary (formatted according to APA guidelines) answering the question(s) above using a minimum of 3 new peer reviewed journal article resources and providing examples of companies who were successful in doing this. Is their strategy similar to the Hout, Porter, & Rudden (1982) article? Explain.

Include a reference section at the bottom of the essay.

In addition, attach a 200 to 250 word annotated bibliography to the essay that adheres to APA formatting.