Can business strategy be understood as "a chess game played in real life"? Nowadays, with the growing social trend of the global economy as well as the advanced technology and opening up regimes, joint business operations have been regarded as a common and complex chess game practice for most multinational companies, especially when they penetrate and manage the international market. Dixit and Skeath and Reiley (1999, p.135-141.) emphasized that the most obvious characteristics of the game of chess are the systematic and comprehensive evaluation as well as the analysis regarding the general macro circumstances and the situation of the main competitors. As for a wise chess player, the next strategic operation is expected to be performed after being aware of the competitors and the general environment. In essence, this wise perspective can also be used for companies, especially large-scale multinational ones in the international market context. The main purpose of this essay is to develop a framework of systematic understanding regarding business strategy with comparison of chess game principles and characteristics based on real-life business context. It can be deduced that business strategy can be generally understood as a chess game in the real-life scenario, which requires companies to carry out all-round analysis and evaluation under intense market competitions. In general, in the initial stage of the chess game, advanced and highly sophisticated players tend to carry out a series of all-round evaluations and analyzes with the aim of ensuring the best outcome and dish... mid-article.... ..to learn from the game of chess in terms of basic rules and specific strategic management points of view. There are three common strategic principles and management skills that companies need to be aware of and follow. First of all, it is highly advisable that they conduct an assessment of the macroenvironment using PESTLE Analysis and Porter's Five Forces Model. Secondly, it is important to carry out a self-assessment analysis with the aim of better understanding the advantages and capabilities of companies through the use of SWOT analysis. Last but not the least, it is advisable that the company conducts a comprehensive competitive analysis in order to gain a detailed recognition of the current circumstances possessed by key competitors so as to help them generate better corresponding strategies in future business operations..