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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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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believe in a sustainable future for aviation‚ and whilst there’s still a lot to do‚ we’ve made some great progress so far. “We’re proud to be putting sustainability at the heart of our business. The last year has been an exciting time for us‚ with the arrival of the first of our new‚ more fuel-efficient aircraft – the Airbus A330s – which will shave up to 15% per seat off our fuel and carbon emissions compared to the aircraft they are replacing. We also don’t forget what happens on the ground and
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149 Control w it h fairness in transfer pricing A transfer price is useless unless unit managers feel they are being treated fairly while top management retains control Robert G. Eccles It seems straightforward on the face of it: when a unit in a company sells a product to another unit‚ it ought to charge a fair price. That price may be based on what it cost to make the product‚ or on the market price of the product‚ or on some combination of these two. But as most managers
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Elektra Electronics Company is a business division of a mid-sized company focused on manufacturing and selling a high quality consumer electronic device through high-end marketing channels such as specialty shops and exclusive department stores. These specialty outlets advise and educate customers about the desirable features of different electronic devices. Elektra charges on average 500 per unit to its distributors‚ who mark it up to 899 when selling to retail customers. After many years of high
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Jensen 1 Kincaid’s "On Seeing England for the First Time" In this essay titled‚ On Seeing England for the First Time Jamaica Kincaid subtly argues that England’s vain dominating presence‚ produced from the common admiration for England‚ played a negative role in her life. Kincaid develops this claim of England by battling the reality of England versus her childhood idea of England. Since this is the beginning of her work not only is the purpose to entice the reader but to also inform
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The Virgin Mary The Virgin Mary is the mother of Jesus Christ‚ who over a billion people as God’s son‚ explaining why she is considered one of the most important people ever. It is not clear when she was born‚ but going by the Bible we can guess about 30 20 BC. She probably died around 40 AD‚ maybe later though. There is not a great deal of writings on her in the bible‚ making it hard to verify when she was alive. She was an important figure as she was "the Mother of God" as the Bible
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. Pricing Strategies: 1. Penetration Pricing: This pricing strategy is followed by companies with the intention to maximize their market share. They believe that a higher sales volume will lead to lower unit costs & higher long-run profit. Example: China Mobile Phones in India.This is one of the fastest growing industries in India. China mobile phones are cheap and offer the same features as a expensive mobile from some other well known manufacturer few samples of Chinese mobiles are shown
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Pricing is one of the most important elements of the marketing mix as it is the only mix‚ which generates a turnover for the organization; the remaining 3p’s are the variable cost for the organization. It costs to produce and design a product; it costs to distribute a product and costs to promote it. Price must support these elements of the mix. Pricing is difficult and must reflect supply and demand relationship (Constantinides‚ 2006). Pricing a product too high or too low could mean a loss of sales
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The painting The Birth of the Virgin was created by Italian artist Fra Carnevale in 1467 during the early renaissance in Italy. During the renaissance movement‚ many artists recalled to High Classical idealism and more focus on individual and humanity. It is obviously that The Birth of the Virgin is a typical painting from the early renaissance since artist emphasized the each individual and depicted a Classical palace in his painting. Meanwhile‚ the artist also used linear perspective‚ atmospheric
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