. efforts, the Group 8 of Class N06 has selected the issue of Building business strategy for the Military Insurance Corporation for the period of 2011 -2 015” as the theme for our capstone project REALITY OF MILITARY INSURANCE CORPORATION 27 2.1. Overview of Military Insurance Corporation 27 2.2. Business performance of MIC in the period of 200 8-2 010. 29 2.3. Analysis of MIC's business. 1: THEORETICAL BACKGROUND ON BUSINESS STRATEGY AND BUILDING BUSINESS STRATEGY 1.1. Concept of Business strategy 1.1.1. Definition of Business strategy The concept of strategy emerged from the