I had the unhappy experience of being subjected to the newly-released 3rd edition of this book for an international strategy course in college. I must say that by far the majority of this book is worthless and a complete waste of time. The book merely recounts every work from Michael Porter of the last 30 years as well as some other reputable scholars responsible for various strategic doctrine. The cases that are presented in the text are usually very interesting, but you can read The Economist or Financial Times for similar substantive information. All the text between introduction of theories and cases is useless blather and drivel. Save yourself the time and go straight to the sources. Read anything Michael Porter has published in the last 30 years; brush up on your Hofstede, Ghemawat, and Barney's VRIO; and read an article on SWOT. Your understanding of what is integral to international strategy will be just as profound and you will save yourself a considerable amount of time.