competitors done that has resulted in Virgin Australia’s introduction of different classes of travel? Originally a one-class service‚ with the introduction of Jetstar in 2004 and Tiger Airways Australia in 2007‚ Virgin Blue was forced to re-think its original market offering of cheap‚ no-frills air travel‚ aimed predominantly at the leisure market. Tiger and Jetstar were undercutting their prices and making a large dent in the leisure market‚. As a result‚ Virgin Blue introduced a premium economy
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Strategic Acquisition in Luxury Globalization Abstract The strategic capability of a firm or an industry is about identifying‚ developing and using its unique resources and core competences to gain competitive advantages in specific market to achieve results. Luxury is as a unique sector and the “allure and exclusivity” are well sought after by consumers‚ heavily imitated by competitors. The six unique features and competency (heritage‚ quality‚ exclusivity‚ symbolism‚ aesthetics and price) of
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Bravery and Capability. Those two words are very descriptive of our first impression of Macbeth in the start of the play. This initial impression is given in the wounded captain’s account of Macbeth’s performance on the battlefield. He seems to be a great and honorable warrior capable of heroic feats‚ that is until his interaction with the three witches. Then the perspective becomes complicated. Upon hearing that he will become king‚ a consuming ambition takes over Macbeth. Joined with a hidden lack
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1) What are Virgin Group’s distinctive resources/capabilities?The Virgin BrandFirstly‚ the Virgin brand is valuable in the form of brand equity‚ where ’Virgin’ is one of the most recognised brand names in the UK‚ and is also well-known in other important markets including Europe and the U.S.A. Based on 1990s research‚ the Virgin brand was recognised by 96% of UK consumers (Case‚ p.685). Secondly‚ it is rare for a brand to have such positive consumer perceptions; which include value-for-money‚ fun
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indicators that make a school a research institution is research capability. An institution should have a research program and a community of faculty‚ postgraduate students‚ and postdoctoral research workers that foster and support creative research and other scholarly activity. An institution is judged by high level of research skills‚ a strong research culture‚ and a fully implemented research agenda supported by adequate resources and well-defined mechanisms to ensure publication and benchmarking
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STUDENT: | Louis-Claude ROUX | PROFESSOR: | Philippe René Gillet | CASE: Virgin Mobile USA “Pricing for the first time” | DATE: 20/02/2012CLASS: MBS-Entrepreneuriat | PART I) ANSWERS BASED ON MY “GUT FEELINGS” Virgin Mobile targets the 14 to 24-year-olds market. The case lays out three pricing options. Which option would you choose and why? I would go for option number two for several reasons. The first one is that I think offer number one is not sufficiently different from the rest
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SWOT Analysis of Virgin Media Virgin Media is an innovative new media company that was formed as a result of a merger between NTL and Telewest and then a re-branding as Virgin Media. Its main strength lies in the branding and the innovation that the name Virgin offers. Internally‚ Virgin Media is the only company in the United Kingdom that offers all four of the main media services‚ i.e. digital television‚ broadband‚ fixed line telephone and mobile phone packages. The ability to offer these products
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on a survey of the Virgin Group’s sustainability report that summarize the Virgin companies’ sustainability strategy‚ evaluating the sustainability report based on the Global Reporting Initiative (GRI) principle‚ to comment performance indicators and making recommendations‚ which can improve the sustainability report. Virgin Group’s Corporate responsibility and sustainable development report 2010 emphasizes the range of corporate responsibility and sustainability issues the Virgin companies face operating
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A case study of Virgin Airlines Introduction Internationalization of the business nowadays apparently became a trend for the organizations to expand their market position and gain the competitive advantage among their contemporaries. The extent and nature of business activities are almost as diverse and comprehensive as the totality of the social and economic interest of a man. Various business activities acknowledged the opportunities that the internationalization may deliver. Through their
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best business practices. A document named ‘An overview of Qantas Group Business Practices’ provides an overview of the principles‚ values and practices of the Qantas Group (Qantas Official Website). It also depicts the standards set by the organization that should be upheld by all of its employees. The company encourages people to go through the document in order to better understand their responsibility as an individual and as a group. Some of the principles and formal rules laid out in the document
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