Tag: COMMERCE

MICHEAL PORTER’S FIVE FORCE MODEL

TORAN LAL VERMA

In the year 1979, Famous strategy Guru Micheal Porter proposed a framework, popularly known as ‘Porter’s five force analysis’ to analyze the level of competition in an industry. Porter did not found effectiveness in  SWOT Analysis to assess overall opportunities and threats. Competition in any industry is affected by certain factors which determine the level of competition and the attractiveness Read More …

THE WORLD BANK GROUP

TORAN LAL VERMA

World Bank and International Monetary Fund (IMF) also known as Bretten Woods twins, were formed in 1944 at United Nations Monetary and Financial conference of 45 countries. In this article we will talk about World bank and it’s agencies working under it, in different areas, collectively called as World Bank Group. THE WORLD BANK – Also known as International Bank Read More …