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Vertical Integration Definition, Types, Advantages & Factors

Meaning Vertical Integration Vertical integration is essential for an organization because, depending on its industry of operations, Vertical integration may be the only way by which an organization can compete effectively as well as operate in a more efficient and productive manner by minimizing costs within …
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The Strategic Planning Process Steps, Definition & Model

Definition of Strategic Planning Strategic planning is the tool which clearly identify goals and objectives of an organization as well as it also assess the internal and external situation required to formulate and implement the strategy. Meaning of Strategic Planning Why We Need It An effective …
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Porter’s Value Chain Analysis Primary & Secondary Activity

What is Michael Porters Value Chain Analysis A value chain refers to the whole series of activities that create and build value at every step for a particular company. The concept of value chain analysis is developed by Michael Porter in 1980 in his very famous …
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Michael Porter’s Generic Strategies

Porter’s Generic Strategies Porter’s Generic Strategies are also called Porter marketing techniques. These strategic tactics used by different companies in order to penetrate a market and after penetration then sustain a strong advantage over the competitions. It can also be elaborate as “the primary aim of …
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What is PEST Analysis Definition, Factors & Examples

What is PEST Analysis & Why Do It The environment of corporate world is ever changing. No business operates in a vacuum environment.  The corporate environment is something real complex and dynamic. There are several external factors surrounding a business and influencing it strategy and activities. …
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What is SWOT Analysis & Its Importance For Companies

What is SWOT Analysis The abbreviative business term SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. Conducting a SWOT analysis enable a company to see where your company is in the marketplace and what strategies a particular company can develop to increase its market share. The …
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Detailed Note on The Communist Party of China: Constitutional Laws

Like Soviet Russia the political system of China is also unique in the sense that it is characterized by one party which is the communist party of China CPC, under the leadership of Chairman Mao and Marxist and Leninist thought as its guiding and controlling force. …
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Standing Committee of National People Congress China Powers & Functions

Introduction to Committee of NPC The National People Congress China meets once in a year and that also for a very short period of time, therefore, during its long absence, some other body is needed. As in Soviet Russia, the Presidium acts and exercises all the …
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Rights and Duties of Citizens in Red China Constitution: Constitution Laws

Fundamental Rights of Chinese Citizens Chapter 2 of Constitution of China 1982 contains the fundamental rights and duties of the citizens. There are 24-Articles in Constitution of China. In almost all the democratic countries, only the fundamental rights have been guaranteed by the constitution, but in …
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Chinese State Council & Cabinet Powers & Functions: Constitutional Laws

Chinese State Council & Cabinet Powers & Functions: Constitutional Laws

Chinese State Council The State Council of the People Republic of China is similar to the Council of Ministers in other countries particularly USSR. It is descried by the constitution as the executive body of highest organ of the state and the highest administrative organ of …
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