What two roles would profit have played in attracting Richard Branson to the UK mobile phone market??
2007-02-04 23:45:05 · 2 answers · asked by Fraser B 1 in Business & Finance ➔ Corporations
Its one of several questions i have to right an essay about. And i agree i would have thought that there was only one role as well.
2007-02-04 23:55:48 · update #1
Richard Branson is a multi BILLIONAIRE he does not work for profit any more. There are actually 3 reasons
1)Expand the Virgin brand into a hi tech area
2)For the challenge - Richard likes to succeed in challenging business areas that are dominated by very few major companies - e.g. Atlantic flights, Railways, Colas etc.
3)To establish a foothold in an expanding business area - you will note that Virgin mobile has now taken over NTL/Telewest cable franchise - soon to be renamed Virgin.
With these kind of questions you have to think a little more deeply. Do some more research on the above and you will get a very interesting answer to your exam question.
2007-02-05 00:06:52 · answer #1 · answered by Biz Guru 5 · 0⤊ 0⤋
I am not completely sure I understand your question...but I think it was 1 role....the opportunity to make money.
2007-02-05 07:52:41 · answer #2 · answered by BritLdy 5 · 0⤊ 0⤋