This course examines the opportunities and risks firms face in today's global world. The course provides conceptual tools for analyzing how governments and a variety of social and economic institutions influence competition among firms embedded in different national settings. Public policies and institutions that shape competitive outcomes are examined through cases and analytic readings on different companies and industries operating in both developed and emerging markets. In addition to traditional case/class discussions, this course will include some presentations by various guest speakers. The hope is that greater exposure to/interaction with these real-world practitioners will "bring to life" some of the issues discussed in the readings/cases. Whenever possible, informal dinners and/or coffees will be organized for small groups of students interested in meeting with our guest speakers.