A year later in 1988 Vodafone was listed on the stock exchange. After three years in 1991, Vodafone separated from Racal Electronics and since that time, it was quoted as Vodafone in the stock exchange. In 1999, Vodafone merged with AirTouch Communication producing one company known as Vodafone Airtouch plc. The dawn of the twenty-first century saw greater developments for Vodafone Plc as it introduced Vodafone Live! in 2002 and went on to commercially launch its 3G services in Europe. A year later in 2005 the company launched a fixed mobile convergence product in Germany called Zuhause and acquired controlling interests on Hutchison Essar Limited in India. Since 2007, the company has been involved in a number of acquisitions and partnerships in Europe, Asia and Africa. Currently, Vodafone holds a market leadership position as the largest mobile carrier in terms of subscriber base. Vodafone’s Business Model Business models are very important for the existence of every business enterprise (Casadesus-Masanell, Ramon, and Ricart 2011). Models give a business a sense of direction and purpose (Chesbrough 2010) and basically define what the business is all about, what it seeks to achieve and the steps it will take to achieve the outcomes (Osterwalder and Pigneur 2010). The business model of Vodafone Plc is quite simple; it consists of five steps with the shareholder in between. The first element in the model consists of Assets; these include networks, supplier relationships, distribution, people, and brand (Vodafone 2013). Vodafone aims to have a great mobile network in all of the markets in which it operates. This mainly involves providing their customers with far-reaching coverage, reliable mobile connections, and increasing speeds and data capacity. Figure 1: Vodafone’s Business Model (Source: Vodafone 2013) Vodafone plc indicates in its annual report (2013) that it combines ongoing high level of network investment with a commitment to securing the best possible portfolio of the spectrum. The next asset for Vodafone is people; the company has a highly skilled, motivated and diverse workforce. Vodafone expects its employees to be key in advocating for its products and services. Distribution is the other asset owned by Vodafone; the company reaches its customers through the over 15 thousand stores it owns as well as through a broad network of exclusive distribution partners and third-party retailers. According to Vodafone (2013), the Internet is becoming an increasingly important channel for distribution. The fourth item is the brand; Vodafone is ranked as one of the first most valuable telecoms brands in the world being worth over US$27 billion. This brand strength is one of the major drivers of purchasing decisions for consumers and enterprise customers. The final asset listed by Vodafone is its supplier relationships, the company has a large-scale global reach and is a key strategic partner with a large number of suppliers with whom it works together to develop innovative services and offer many new innovations. The next element in Vodafone’s business model is it its customers. According to Vodafone (2013), the company boasts over 404 million customers globally making it one of the biggest mobile operators in the world. The ranges of its customer
Company Risk Management Analysis Name: Course: Professor: Institution: City and State: Date: Brief History of Vodafone Group Plc Vodafone Group Plc is a Communications Company with operations all over the world. Its headquarters are in Newbury, England. The company is an international mobile carrier for consumer and enterprise customers with a significant presence in Europe, Asia, the Middle East, Africa, the Pacific and the United States…
Tour operators provide customers a variety of choices for spending on the holidays. In the year 1950, UK had first experienced inexpensive holiday package and since then this industry has become quite vast in the international market.
Establishment of the actual position of the organization task in the internal and external environment is the key mandate of the general risk management platform. Among the most important spirit of principle recommendations is the withholding of value in performance, which introduces the overall organizational objective in every risk management decision.
The amount of traffic passing through this stretch presents a great investment venture that if not taken care of would cost the country’s economy. The old Newmarket Viaduct, a stretch constructed and completed in 1965, is part of this stretch. However, this Viaduct has shown its ageing and possesses great danger to the people living around the viaduct.
However, these advancements in information technology are also responsible for several grave risks from which many organizations can potentially suffer from intense losses. Out of these numerous cybercrimes, hacking is one of the most substantial threats, which can cause huge loss (Wall, 2007).
A Risk is described as a tentative event for an organization that might cause either positive or negative effects on its operations and functions at the time of entering a foreign market. If the risks present positive outcomes for the organization in that new market, then it might be described as opportunities and if it affects negatively, then it may be stated as threats.
The airline prides itself of a fleet of eighty-five Airbus and Boeing aircrafts with its passenger traffic in 2012 standing at over ten million passengers for that particular year. The hub for the airline is at the Abu Dhabi Airport within which the principle activity for the airline is passenger transport, but the airline also has interests in cargo transport and managing the Etihad Holiday homes.
The new technology is expected to boost the firm's production capacity as well as eliminate inefficiencies such as rework/scrap and wastage.
Currently, the production department utilizes a manual assembly line which eight fitters who are paid 18,500 per annum each.
A financial company estimates financial risks, which can be detrimental to its success in the marketplace. There are different types of financial institutions operating at national and global level.
Before delving deep into the vulnerable decisions made by