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Company Analysis Virgin Group

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Introduction
There are very few true conglomerations left that meet as broad a definition as most people would utilize when defining such a word. Many conglomerations center around one particular industry, perhaps attempting to control the method of production, supplies, distribution, and retail. Virgin Group Limited is one of the best-known conglomerations in the entire world. This British conglomeration is among the most varied and compelling companies on earth, and provides a dizzying array of products and services among its business units. From somewhat humble beginnings as a mail-order business, Branson and his partners gradually expanded the reach and scope of the Virgin Group’s business. Today, Virgin Group is a player in a …show more content…

Virgin Group Today
The Virgin Group maintains an incredibly active portfolio of businesses and enterprises even today. Virgin Group has more than 300 “Virgin”-branded companies in existence today, with more companies that are owned by the group, but retain an individual name. In 2009, the Virgin Group’s revenues exceeded £11.5 billion, and the group employed approximately 50,000 people in 30 different countries. (“Virgin”) The historically important business units of Virgin Group are still in existence today, albeit some of them exist in a different manner or capacity. (“Virgin”) Though Virgin Records was sold to EMI to keep Virgin Atlantic Airways in business, Virgin maintains a record label business in the way of many different record labels and being an operating partner with EMI. (“BBC”) Despite the Virgin Group’s predisposition to holding many, many different business units and entities, they are not opposed to consolidating different business groups where it makes sense. For example, Virgin Media Inc. is a company that consolidates much of the Virgin Group’s mobile telephone, television, and broadband internet services in the UK. (Fryer)

Company Analysis: Virgin Group

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The legacy achieved by the Virgin Group serves as a historical anecdote in comparison to where the group’s efforts interests are increasingly being focused. In 2004, Branson

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