AbstractBased on military strategies, the chapter details the three elements of strategy, which represents an integrated decision-making on three core questions concerning a company's development. First, is the decision on determining long-term development goals; second is that on identifying key development problems and main challenges; third is that on formulating guiding principles for solutions to the main challenges, making it an interdependent whole indispensable to each other. In other

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... rds, an overall strategy decision is composed of three sub-decisions, which are related and are matched with the three core elements of the strategy concept.