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FROM YOUR OFFICE TO A RELAXING DESTINATION !. Mission Statement. Making it easy for organizations to give bonus incentives to their employees, by putting together luxury package options to choose from. We strive to have excellent customer service and our
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Mission Statement Making it easy for organizations to give bonus incentives to their employees, by putting together luxury package options to choose from. We strive to have excellent customer service and our customers always come first. Making our services available to all our customers through interactive Web 2.0 technologies.
Business Description Magellan Corporate Travel Incentives is a company that provides prepackaged or customized leisure travel incentives that companies can buy to reward their employees.
Example of Packages • Standard Package • 1 Week + Hotel + Airfare • 1 Tour • 2 Cab rides • 1 Dinner at a famous restaurant • Employee of the Month Package • 1 Week + Hotel + Airfare • 1 Tour • 4 Cab rides • 2 Dinners at famous restaurants • Translator • Elite Package • 2 Weeks + Hotel- penthouse + Airfare • 1 Tour • Personal chauffeur • 2 Weeks of dinner at any restaurant • Prepaid SIM card
Target Market • Large Corporations • Delaware, USA • More than 1/2 of Fortune 500 • Higher per capita real GDP Black, L. S. (2007). Why corporations choose Delaware. Retrieved March 24,2010 from http://corp.dellaware.gov Bureau of Economic Analysis. (2009). Economic slowdown widespread among states in 2008. Regional economic accounts. Retrieved March 28, 2010 from http://www.bea.gov
Target Market • London, England • 58.2% of 2.15 million business enterprises are corporate businesses • Strong business relationship with U.S. • One of the largest airports in the world • Heathrow Black, L. S. (2007). Why corporations choose Delaware. Retrieved March 24, 2010 from
Business Operations • United States Domestic Base: • Delaware • Foreign Base: • London, United Kingdom • There is: • 1 Chairman • 1 Vice President • Each base has: • 15 locally hired employees Global Business Global Team. (2009). [Image] Retrieved from http://www.globalbusinessperspectives.com
Management • Diverse work staff • Motivate employees • Open- physical space • A “Go Green” company • Follow a strict code of ethics
The Oklahoma City Coworking Collaborative. (2009 May). {Image} Retrieved from: http://www.speedofcreativity.org
Management • Organize tasks • Carefully monitor work • Encourage creativity and innovation • Internal communication through various forms
Accounting • Outsourcing Services • Ernst & Young • London and Baltimore, MD • Why Outsource? • Concentrate on Company’s Core Development • Guaranteed Quality • Cost Saving “[Outsourcing] refers in particular…to management, tax advisory, staff and payroll affairs. It is certainly the best solution for a new company” (-Business Management Magazine)
Marketing • Google Adwords • Facebook • Twitter • Yahoo Ads Google, Facebook, Twitter [Logos]. (2009). Retrieved April 12, 2010 from http://italiafacebook.info/category/facebook_home/3 Yahoo [Logo]. (2009). Retrieved April 12, 2010 from http://komplettie.wordpress.com/2009/12/22/yahoo-closes-for-christmas/
SWOT Analysis • Opportunities • Large Corporations • American Economy • Morale and Productivity • Threats • Competitors • Economic Downturns
Technology • Website objectives: Compatibility and Security. • Compatibility: • Work on Internet Explorer, Firefox, Safari browsers • Written in HTML5 • Easy to navigate through out the pages • Account/Payment Security: • Standard 128 bit encryption • Strong username and password
Limitations • Time • 5 hours ahead of Delaware* • Converting currencies* • £0.65 to $1.00 • Culture • Language and spelling • Holidays**