Xiaoxia Wang
Abstract
Having surveyed the development of theories on strategic management and compared three different strategic concepts which take resources,competition and customers respectively as their dominant factor,this paper elucidates the challenge enterprises meet while formulate strategies under the knowledge economy condition.
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Having surveyed the development of theories on strategic management and compared three different strategic concepts which take resources,competition and customers respectively as their dominant factor,this paper elucidates the challenge enterprises meet while formulate strategies under the knowledge economy condition.
Key concepts: Business, Competition (biology), Strategic planning, Strategic management, Strategic financial management, Knowledge management, Strategic thinking, Process management