investment group that operates in over 34 countries and that employs around 50‚000 people in about 400 companies worldwide. Its product ranges from mobile services to travel‚ finance services‚ music and many many more. It was funded in 1970 by Sir Richard Branson who started the company by selling cut price records by post through his Virgin Mail Order business. The company expended really quickly and is now a well-recognized and trusted brand all around the world. Virgin group companies even far apart
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LONGITUDINAL STRATEGIC DEVELOPMENT STUDY RECENT PAST INTRODUCTION Virgin Group limited is a venture capital conglomerate founded in 1970 by Sir Richard Branson with interest in transportation‚ travel‚ mobile‚ financial services‚ media‚ music and fitness. It employs about 50‚000 people in more than 30 countries‚ comprising of 300 companies and brand‚ with 11.5 billion pounds in revenue as at 2009‚ (Virgin website)
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objectives. Strategy management plays a vital role in businesses. Its application in planning an organization’s future development can never be over-emphasized. Virgin Atlantic is Britain’s second biggest long haul airline and was established by Sir Richard Branson in the 1980s. The company’s mission is “To grow a profitable airline‚ that people love to fly and where people love to work"
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the moon‚ As evidenced by the fact that it is already possible to buy a ticket (Anderson‚ 2009). When Apollo 11 mission landed the first humans on the moon launched on July 16‚ 1969. The whole worlds are stunned. That fact makes a 19-year-old Richard Branson decided that he will one day experience the wonder of space ("Virgin galactic overview‚" 2009). For several years‚ interest in the potential of space tourism has been steadily increasing among engineers‚ scientist‚ entrepreneurs‚ and general
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holds a special place in the collective consciousness of society; indeed some entrepreneurs have achieved fame or notoriety that is on a par with Hollywood superstars. The business exploits of a number of high profile entrepreneurs such as Richard Branson (Virgin)‚ Anita Roddick (The Body Shop)‚ James Dyson (Dyson) and Stelios Haji-Ioannu (EasyJet) are reported regularly in the media. These people‚ and others like them‚ are famous because they are successful in business. But what does an entrepreneur
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in life. Take Richard Branson as an example. He left school aged 16‚ having only passed one exam. I’m not sure how many he took‚ but most British school kids take about eight exams at that age. Yet even though he was dyslexic‚ and an academic failure‚ Branson went on to set up the Virgin Group. His global string of airlines‚ record companies‚ music shops and a mobile phone company have netted him an estimated US$2.5 billion dollars so far. No matter what you think of Richard Branson’s bouffant
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http://www.virgin-atlantic.com/en/gb/allaboutus/ourstory/history.jsp why virgin atlantic start http://www.independent.co.uk/travel/news-and-advice/bransons-flights-of-fancy-the-highs-and-lows-of-virgin-atlantic-1697795.html Try to remember what travel was like 25 years ago; it was the reason I went into the airline business. You would sit on a British Airways plane – or a TWA or a Pan Am plane – and you would get dreadful food‚ you would have to deal with staff who never smiled‚ you
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company founded by Richard branson.it has various core business like travel‚entertainment and life style and it includes 400 companies world wide. Virgin Group’s date of incorporation is listed as 1989 by Companies House‚ who class it as a holding company; however Virgin’s business and trading activities date to the 1970s. The net worth of Virgin Group as of September 2008 was £5.01 billion. Virgin Group operates from its headquarters at The School House‚ 50 Brook Green in the London Borough
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The advantages of owning your own business Satisfaction of creation: A business owner is treated to the thrill of creation on a daily basis‚ not to mention the thrill of solving a customer’s problem. In Richard Branson’s case‚ he has had the satisfaction of creating around 300 of his own business’‚ most of which are linked directly or indirectly to his major business Virgin. But he’s still had the thrill of creating his own brand and I think will continue to do so until he finally leaves earth
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Unit 37 – Understanding Business Ethics Explain at least 3 general activities from an ethical viewpoint your chosen business needs to consider in its operational activities. Describe how the business is attempting to show its stakeholders that it is aware of the ethical concerns that apply. Corporate social responsibility (CSR) CSR is about how companies manage the business processes to produce an overall positive impact on society. Business ethics Business ethics is the accepted set of moral
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