Fnac (originally Fédération nationale d’achats des cadres‚ or National Purchasing Federation of Managers) is an international entertainment retail chain offering cultural and electronic products‚ founded by André Essel and Max Théret in 1954. It is the largest retailer of its kind in France. Its head office is in Ivry-sur-Seine near Paris. History Fnac (originally Fédération nationale d’achats pour cadres‚ or National Purchasing Federation for Managers) was founded in 1954 as a members-only
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with many successful ventures to his name including Virgin Atlantic‚ Virgin Music and Virgin Active. However‚ when he was 16 he dropped out of school to start a student magazine that didn’t do as well as he hoped. He then set up a mail-order record business which did so well that he opened his own record shop called Virgin. Along the way to success came many other failed ventures including Virgin Cola‚ Virgin Vodka‚ Virgin Clothes‚ Virgin Vie‚ Virgin cards‚ etc. Oprah Winfrey - who ranks No 1 in the
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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. The important thing about creation is that it is yours‚ others may have helped to make it a reality but as soon as you’ve thought
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Virgin Group Virgin group is one of the leading international investment group and one of the famous and respected brands in the world. The founder that is Sir Richard Branson has successfully grow his company business in sectors ranging from mobile telephony‚ travel‚holiday‚ leisure‚ services‚ music‚ financial and health & wellness. Their group have employ more than 50‚000 people around the world and their services are provided over 50 countries. Every manager of their group have four management
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1. Describe the culture of Virgin group by seven dimension of organization culture. Organizational culture has been described as the shared values‚ principles‚ traditions‚ and ways of doing things that influence the way organizational members act. Actually‚ it can divided seven dimension of organizational culture which are attention to detail‚ outcome orientation‚ people orientation‚ team orientation‚ aggressiveness‚ stability and innovation and risk taking‚ and now I will use these seven dimensions
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SWOT Analysis of Virgin Group 1. STRENGTHS Strong brand name. Experienced in two different kinds of distribution - Stationary trade - Mail ordering Location. - Geopolitical position is good for business. Co-existence in the region of 2 seaports and an international airport with direct possibility of export. - Variety of exports possibilities. Large land resources. - Existence of a powerful technical basis and building firms. Ecologically clean environment. - > 100
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failure. They quickly recover their sense of efficacy after failures or setbacks." That explains the fact that Branson dropped out of school and continued to pursue his entrepreneurial interest. His next venture was a discount music business called Virgin Records. Another characteristic was high self-esteem‚ "what our unconscious believes to be true about how worthy‚ lovable‚ valuable and capable we are. In other words‚ our self-esteem is very dependent on factors within our environment. It is formed
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Virgin Mobile USA Pricing Strategy1.) Given Virgin Mobile’s target market (14 - 24-year-olds)‚ how should it structure its pricing? The case lays out three pricing options. Which options would you choose and why? Be as specific as possible with respect to the various elements under considerations (e.g.‚ contracts‚ the size of the subsidies‚ hidden fees‚ average per-minute charges‚ etc.)Given Virgin Mobile’s (VM) target market (14 - 24-year olds)‚ I would recommend the company to structure its pricing
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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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I. Introduction VSM Group manufactures markets and sells consumer sewing machines‚ holds a leading position in the medium to high-end segments of household sewing machines on the world market. After redirection‚ VSM had carried out a set of strategies to pull itself from inferior position into an enjoyable place. In this report‚ the strategic position of VSM in 1997 will be analyzed first‚ along with three divisions‚ the environment‚ strategic capability‚ expectations and purposes. Strategic options
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