Lastly‚ the PESTEL is a tool analysis that helps a business forecast the trend and analyze overall image of the company in the future. It based on external factors as political‚ economic‚ social‚ technology‚ environmental and legal. If a hostel never knows how this tool works‚ the hostel could face up with economic effects‚ political instabilities or any external risks which change through time. It means the business will not recognize the change of external factors; it is a kind of risk as well
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Leadership in Virgin Established by Sir Richard Branson 22 years ago‚ Virgin Atlantic has become Britians second largest airline. It operates 37 aircraft‚ employs 9000 staff and flies more than 4.5 million passangers a year to some of the worlds major cities. After the slump in air travel following 9/11 Virgin Atlantic went through a period of rapid growth. Virgin Atlantic introduced a leadership development program that was led by business objectives rather than HR process and fitted into
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The Menil Collection: Virgin & Child A. Identification Having never visited the Menil Collection before‚ I was awed by the size and beauty of this private collection. Founded by John de Menil and Dominique de Menil‚ the Menil Collection houses all of the pieces that are the focus of this paper. The piece of art I chose to write about from the Menil Collection is the Virgin & Child. Originating from Northern France in the early to mid-fourteenth century‚ the Virgin & Child is completely sculpted
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Alina Belkina 1. Short overview of LUKOIL Industry Oil and gas Founded 1991 Headquarters Moscow‚ Russia CEO Vagit Alekperov Products Petroleum‚ Natural gas‚ Petrochemicals Revenue Increase US$ 139.2 billion (2012) Net income Increase US$ 11. billion (2012) Employees 150‚000 LUKOIL‚ a vertically integrated oil company‚ and carries out exploration‚ acquisition‚ integration and subsequent efficient development of oil and gas fields outside the Russian Federation to facilitate the
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PESTLE Analysis PESTLE analysis focus on the external factors that directly or indirectly affect the work and progress of the company in the marketplace. It highlights different factors associated with the analytical tool that would affect the business of the company and help them formulate their working policies in regards of these factors. The PESTLE analysis consists of political‚ economic‚ social‚ technological‚ legal and environmental factors that affect the work and performance of the company
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Nike is the leading footwear company in the world. PEST Analysis sums up how the company’s business strategies fare in the macro environmental level. Nike‚ Inc. is an incorporated company that designs‚ develops and markets worldwide athletic footwear‚ apparel‚ equipment and accessories. Nike employs both traditional and non-traditional distribution channels in almost 200 countries with primary market regions in the United States‚ Europe‚ Asia Pacific‚ and the Americas. Nike has some 20‚000 retailers
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Sam Yates-Smith Student ID: 000292201 CASE STUDY 6 THE VIRGIN GROUP 1. The corporate rationale of the Virgin group is to re-ignite static industries‚ with fresh ideas and developments‚ thus offering the consumer differentiation. Diversification is an extremely important attribute of Virgins rationale. Their SBU’s improve Virgin’s scope and therefore its existing markets and products. Virgin uses the ideology of ‘the corporate parent’ to add structure and guidance to its various business units
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Virgin Atlantic Airways came from an idea taken to Richard Branson by Randolph Fields in the early 1980’s. Original called British Atlantic Airways‚ VAA first flew from Gatwick to Newark with their single 747 on 22nd June 1984. Branson took the torch from Sir Freddie Laker’s Skytrain operation - which had been the pioneer of discounted transatlantic air travel‚ but suffered at the hands of BA’s price war to eliminate the competition. Virgin too didn’t have an easy ride with BA‚ and won substaintial
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Vestal Virgins The Vestal Virgins were the priestesses of Vesta‚ the goddess of the hearth‚ in charge of maintaining the sacred fire within the Temple of Vesta on the Forum Romanum. Vesta symbolized collectively the hearths in citizens’ houses; she presided over the basic need of fire (Cadoux 163). The fire in the Temple of Vesta was a pure fire and was not fed with wood from dead trees‚ or any rubbish thrown upon it‚ or any impious act done in its presence. If the Vestal Virgins allowed
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The flag of the United States Virgin Islands is one of the most attractive flags of this world . The flag is very similar to the United States presidential flag. The flag consists of a white background on which a strong bald golden eagle sits in the center holding a green branch on the right talon and three light blue arrows in its left talon. These three light blue arrows represent the three islands St. Thomas‚ St. Croix and St. John. The mighty shield on its chest bears a blue chief on the top
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