Company Overview of Sinopec Corp. Essay

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Company Overview of Sinopec Corp. Focusing on its core business of petroleum and petrochemicals, China Petroleum and Chemical Corporation (Sinopec Corp.) is a publicly listed company with integrated upstream and downstream operations and a complete marketing network. The company was set up on February 28, 2000, pursuant to the [Company Law of the People's Republic of China] and in line with the principle of 'separation of core business from the ancillary, good assets from the bad, and enterprise functions from the social', by China Petrochemical Corporation (Sinopec Group) as the sole sponsor, after the restructuring of its businesses, assets, debts and creditor's rights, organization and…show more content…
The company¡¯s target is to build Sinopec Corp. into an internationally competitive, world-class, integrated Energy Company with prominent core business, quality assets, innovative technologies, advanced management and sound financial practice 2. Management Concept and its Basic Characteristic Management had it since old times. Since long ago, the people realize in the unceasing practice to the management importance. Since this century management movement and the management upsurge have yielded the amazing result, one of them has formed the more complete management theory system. But to the management meaning, from the different angle and the background, may have the different understanding. One kind the viewpoint which generally accepts was believed that, the management is a process, is lets the others the goal which realizes together with own decides, is all organized collective activity essential essential factors. Management basic characteristic (1) manages is one kind of cultural phenomenon and the social phenomenon. This kind of phenomenon existence, must have two essential conditions: One is above two people's collective activities; another is the consistent approval goal. Management exists to the organization moves, namely the management carrier is the organization. Organization's type, form and scale respectively different, but its interior all includes five

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