1. Given Virgin Mobile’s target market (14 to 24-year-olds)‚ how should it structure its pricing? The case lays out three pricing options. Which option would you choose and why? In designing your pricing plan‚ 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.). I believe Virgin Mobile has two options. The first option is the obvious for their target market and any new
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A mission statement should focus on goals‚ clarify issues and outline visions and objectives. It should communicate the essence of the company to the employees‚ shareholders and to the public (Hassan‚ M 1988). Similar to this‚ Doyle (1998) points out‚ that a mission statement describes the purpose of the business and its essential characters. A company without a mission statement is like the Cheshire Cat in Alice in Wonderland described; “If you don’t know where you’re going‚ it doesn’t matter which
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Virgin Atlantic Environment Policy A message from Virgin Atlantic’s CEO‚ Steve Ridgway: Virgin Atlantic is embedding sustainability at the core of our business. We recognise the growing impact air travel has on the environment‚ and are seeking to address this as best as we can. There are many projects in place across the business to make this a reality‚ both in the air and on the ground. Our recent commitment to invest up to $8bn in the most efficient aircraft available for our routes‚ is a
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Assignment 2 The mission statement of the Federal Trade Commission (FTC) is “To prevent business practices that are anticompetitive or deceptive or unfair to consumers; to enhance informed consumer choice and public understanding of the competitive process; and to accomplish this without unduly burdening legitimate business activity” (About the FTC‚ n.d). The primary areas that FTC is responsible is making sure that the consumer is protected from unfair business practices to prevention of getting
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virgin america Analysis & Strategic Plan strategic management 780-634 Michele K. Masterfano‚ DBA LeBow College of Business Drexel University Summer 2012 Table of Contents OVERVIEW 1 Fast Facts 1 ENVIRONMENT 3 Internal Analysis 3 Company Structure 3 Company Culture 3 Operations & Logistics 3 Triple Bottom Line 3 SWOT 3 External Analysis 5 Competitive Environment 5 Summary 8 External SWOT Analysis
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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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VIRGIN BLUE UNDERSTANDING EXTERNAL ENVIRONMENT 1. Attractiveness of the Industry 1a. Identify the industry‚ product segments and value chain The industry is the Australian airline industry (global). Core activities cover providing travel services to leisure travellers in Australia and overseas‚ including flights‚ travel insurance‚ holiday packaged deals‚ and freight business. Products segments including ▪ Business travel ▪ 57.1% of industry revenue ▪ full-fare ▪ business &
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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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