History of Virgin Virgin Trains was born on 29th of November 1996 when it was awarded the Cross Country franchise following the privatisation of British Rail‚ the franchise will last until April 2012. Along with the Cross Country line‚ Virgin also won the West Coast franchise and took control on the 9th of March 1997‚ this franchise will end in March 2012. The West Coast line was the last but one of the franchises to be handed over to the private sector‚ all of which had been completed in less
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THE COMPETITIVE ENVIRONMENT OF VIRGIN ATLANTIC AIRWAYS Introduction The Virgin Atlantic Airways is a UK-based private international airline that started operation in 1982. Flying up to 20 destinations in North America‚ Asia and Africa‚ it is 51% owned by Virgin Group and 49% owned by Singapore Airlines (Wikipedia). It competes with other local and international airlines including British Airways‚ the biggest and leading in UK. In 2005‚ it posted $2.5B in sales and $40M net income
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Chapter 1 Introduction 1.1 Background of the Study The Philippine’s economy has started to recover from the global economic recession of 2008-2009. High government spending to stimulate the economy has improved conditions temporarily but in turn has created a large budget gap. The Philippines has one of the highest drug prices in the world. Changes brought about by the controversial Cheaper Medicine Act have impacted the Philippines pharmaceutical market‚ whereby 200
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consumers are switching from name brand products to generics or house brands. What is a house brand or a generic product? A house brand‚ otherwise known as a store brand‚ is a proprietary brand of merchandise sold by one retailer and often bearing the name of the retailer. A house brand is usually sold at a lower price than the equivalent name brand product and can‚ sometimes‚ have packaging identical to that of the national brand. Whereas‚ a generic brand has no-proprietary name and can even be absence
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Demonstrate which value adding activities the Virgin HQ is performing and give examples of each of these. According to Goold et al (1994) there are four main types of activity by which a corporate parent can add value. Envisioning – The corporate parent can provide a clear overall vision or strategic intent for its business units. Coaching & Facilitating – The corporate parent can help business unit managers develop strategic capabilities. Providing Central services – A provider of capital
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Background of VIRGIN In 1968 a guy named Richard Branson started the Student magazine and that was the starting of his revolutionary business career and from that time Branson did not have to look back ever. Now today Branson has the huge size of his business which is VIRGIN BUSINESS GROUP. This group owns more than 200 companies. “Branson” and “VIRGIN” is now a symbol of a famous brand all over the world. VIRGIN group holds a pretty number of companies. Most popular VIRGIN companies are VIRGIN Money
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This report closely examines the Virgin Group’s corporate strategy / rationale and identifies the relationships namely of strategic nature within the Virgin Empire. Virgin’s value adding qualities shall be discussed and the main issues faced by Virgin shall be identified and categorically solutions recommended respectively. Corporate Rationale The Virgin Group comprises of an assorted mix of businesses. It has its “finger in every pie”‚ so to speak. The Virgin has group diversified into 200
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The Atlantic Region (also called the Maritimes) Provinces and capital cities: Newfoundland and Labrador (St. John’s) Prince Edward Island (Charlottetown) Nova Scotia (Halifax) New Brunswick (Fredricton) Around 2.3 million people live in the Maritimes. The region is known for fishing‚ farming‚ forestry‚ and mining. Aside from its natural coastal beauty‚ the area is also rich in history‚ with Nova Scotia known as the gateway to Canada‚ and Newfoundland and Labrador as the oldest colony of the British
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ABSTRACT Generic visual perception processor is a single chip modeled on the perception capabilities of the human brain‚ which can detect objects in a motion video signal and then locate and track them in real time. Imitating the human eye s neural networks and the brain‚ the chip can handle about 20 billion instructions per second. This electronic eye on the chip can handle a task that ranges from sensing the variable parameters as in the form of video signals and then process it for co-Generic visual
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Crossing the Atlantic: The Story of an Indian Immigrant I had always been a good child. No matter how much work I had‚ I did it. Even if I had two hours of homework‚ you could count on me to help you. Now that I am an adult‚ I realize what a wonderful childhood I had. I went to a great private school with the best teachers and students. I even had the privilege of having my very own textbooks. Those who weren’t as lucky‚ had textbooks destroyed by students who had them before they were even born
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