...Buy American Requirements would benefit both VectorCal and Boeing Navigation System, Inc. Then, let’s analyze the fundamental ways in which the Buy American Requirements are contradictory to a capitalistic ethos, given that the U.S. government claims to promote competition and the U.S. espouses a free market ideology (i.e. capitalism). Support your answer with two examples of such a contradiction. Now, let’s debate whether or not you believe that the exceptions to the Buy American Requirements set forth by the government are fair and advantageous to the US economy. Finally, determine the key advantages and disadvantages of using the Buy American Requirements with the navigation system that VectorCal and Boeing Navigation Systems, Inc. Conclusion, I believe our government implemented the Buy American Requirement for a reason that being said. I believe that the Buy American Requirements is for keeping American people working and our economy a whole growing my investing in our future. Boeing Navigation Systems, Inc. and Vector will be ensured participation in these contracts, as well as future contracts. This can provide competition and creation of jobs by adding more influence to the domestic firms and national security of our country. RUNNING HEADER: BUY AMERICAN REQUIREMENTS 3 Introduction In the first assignment we established the formation of the new company “Boeing Navigation Systems, Inc.” Boeing Navigation System designs and builds highly technical drone...
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...Management Planning Student’s name Institution Management Planning Introduction Planning is the means of choosing the best option among others to carry out different managerial roles in order to attain predetermined objectives. It is a necessary management function, which includes formulation of one or more thorough plans to attain optimal balance of wants or demands with the available wealth. Planning is a thorough agenda concerning upcoming course of action. In the essay, I will discuss the management planning of Boeing organization. Planning as a purpose of management involves six steps. The first step is the establishment of realistic, acceptable and attainable objectives that should be well-affirmed in terms of quantity. The second is the establishment of planning grounds to find out the business barricade during the course of doing business. These are either internal that are controllable or the uncontrollable external. The third step is choosing the alternative path of action by evaluating the pros and cons in light of availability of resources and organizational requirements hence choosing the best alternative. The fourth step is the forming a derivative plan, which indicates time, schedule and sequence of attaining various tasks and helps in attaining the main plan. The fifth step is securing co-operation by involving the subordinate in decision making, implementation and execution of the plans. This motivates the...
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...Case Study: Boeing 42 The long list of Boeing's woes seems to have reached its pinnacle in late 2003 with the scandal surrounding the Pentagon deal that alleged inappropriate behavior and the loss of documents by Boeing officials. After his seven-year reign at the head of the organization, December 2003 saw the eventual resignation of Phil Condit. Many breathed a sigh of relief at the news. The problems at Boeing were reportedly endless. From a stock price that had decreased by 6.5 percent while the company was under his leadership to increasing competitive pressures, the future for Boeing was in doubt and changes were needed. For many years Boeing graced American corporate news for their prowess as the leading manufacturer of aircraft. However, in 1994 Airbus—their main rival—booked more orders. This shocked the management executives and began a series of changes that were implemented to overcome the bureaucratic structure, outdated technological systems, and unnecessary processes in a company that had reportedly changed little since World War II. THE BEGINNING OF CHANGE AT BOEING In 1997 market demand increased dramatically and Boeing attempted to meet this surplus of orders by doubling their production capabilities instantaneously. A manufacturing crisis ensued and Boeing's reputation took a dramatic turn for the worse when they were required to halt production of the 747 aircraft for 20 days. The company had “stubbed its toe,” according to the then-president of the Commercial...
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...Government Reform. The conducted study upon the topic stated that the average pay of a CEO that surpassed taxes was 16.7 million dollars yearly. An interesting point has been brought up in this article, comparing a higher-than-taxes pay to cases of corporate fraud, such as Enron and WorldCom. According to Collins, the congressman who ordered the report to be conducted, outsized CEO pay was often a red flag for bigger problems to come. I would like to get to the very bottom of this issue right away. This story is much deeper than this corporate fiscal year, the house elections or even the national debt. This is an issue directly connected to the de-regulation of not only our economic system, but Capitalism itself. United States and the Western World are not ready for a structure like Capitalism, as we don’t have enough ethical bases in our society, to be able to run corporations without greedy outlook on profit and wealth accumulation. Situations like this will exist whether these companies that are brought to our attention will follow footsteps of Enron or not. Our society needs to regulate our...
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...Abstract Global Communications (GC) was facing a major decline in revenue, profits and stock values and had to make serious upgrades in its business practices. GC had to determine a cost-effective way to ensure their company would survive. The solutions involved outsourcing jobs, laying off workers and offering new services as well as teaming up with a satellite provider. Although stakeholders realized without these changes, GC would not survive, it is found to be difficult for some long-term stakeholders. GC’s approach appeared to have personal and ethical conflicts as they failed to communicate with employees. GC has identified the problem, strategized with its stakeholders, implemented a plan and has set the process for reevaluation and changes, if necessary. GC has found other companies, in and outside its industry, to benchmark and has taken the best practices for issues similar to theirs and have used them to increase revenue, and forego any immediate outsourcing of call center jobs. However, GC has a communication problem, in that the union was never consulted or included in the decision to outsource positions. Whey they learn of the idea, the union is very upset as they worked very hard to have employees agree to a decrease in benefits previously. The union is outraged and states they will fight the newly devised plan for its members. Implementation of these changes would allow GC to lead the communications industry globally, while providing their small...
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...Individual prosperity is a fundamental principle of our economic system, and is as important as collective wealth. One need not belong to an elite class or family (although it does help if you are related to millionaires), nor does one have to obtain special permission from the government. Another element of the economic system is the way it rewards success. If you seek it, you can find it; all you need is to find a way to build a better widget, or a better way to build what everyone else has been making. At least in theory, the system is designed in such a way as to reward ingenuity, work ethic, and perseverance. Unfortunately, not everything about this capitalist system is as simple as everyone earning money. Indeed, a study of capitalism merely provides a way of explaining how money moves from consumers to producers. Further study of economics, financial management, and other money-related topics implies cooperation among those within the system. For example, just because Robert has something John wants does not...
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...Modern Architecture II Spring 2015 Twin Towers: The Rise, and the Rise Again of Great Architecture Once criticized for its different modernist style, the World Trade Center has become known most for the horrific assault of 9/11, but is deserves recognition for its fine engineering and architecture. In 1962, the Port Authority thought they should take a different route on choosing an architect for the building of the World Trade Center. Instead of choosing a big time architect, they would choose one with a more mainstream background. The twin towers were built in New York, New York, USA by architect, Minoru Yamasaki and Associates. The One World Trade Center was completed in 1972 at 1,368 feet high, and the Two World Trade Center was completed a year later in 1973 at 1,362 feet high, both with 110 stories. At the time of the completion of the two buildings, the Twin towers were known as the tallest buildings in the world. Yamasaki worked as a disciple of Mies van der Rohe favoring such minimalist lines as seen the Martin Luther King Memorial Library in Washington, D.C. and the IBM Building in Chicago. Yamasaki soon tired of the International Style, and moved on to something new: New Formalism. Yamasaki was one of the most prominent architects of the 20th century. He and fellow architect Edward Durell Stone are generally considered to be the two master practitioners of New Formalism. This was not a style that caught on and it was not a style that followed...
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...Assignment 1: Case Study European Airline Industry Strategic Management Contents |Main Body |4-10 | |1 Introduction |4-5 | |2 Summary of macro-environment analysis |5-7 | |3 Summary of industry environment analysis |7-8 | |4 Other critical factors for the airline industry |8-9 | |5 Future directions/recommendations |9-10 | | | | |Appendices |11-26 | |1 Macro-environment analysis |11-16 | |2 Industry environment analysis |17-26 | Reference List 27 Main Body 1. Introduction The European airline industry is a vigorous industry with changing trends that relate to the overall European economy. Traditionally, the European airline industry was mainly comprised of full-service carriers, such as Lufthansa and British Airways. Nevertheless, this situation changed quite swiftly (Datta & Chakravarty n.d.). Government deregulations freed European airline markets from restrictions...
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...And for a positive case study in change-management, Ford Motor Company qualifies (Corbell, 2013). Ford has had similar endorsements; ever since after being hired, CEO Mr. Mulally managed to notably install a competitive, sustainable business model that pulled Ford from the brink. Durbin and Krisher seem to agree with this assessment even as they also voice some doubts. Mulally has transformed the company into a simpler, nimbler organization that's ready to react to change more quickly, but experts are not so sure the change will last. Management experts say it's easy to talk about a willingness to change and much harder to do it, especially after pulling off a remarkable comeback like Mulally did after coming to Ford from airplane maker Boeing Co (Durbin, 2011). Of course, this is when a company has to have a system in place that will enable them to sustain the change implemented. GM on the other hand also realized the need of an organizational change and restructuring when it...
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...inefficient systems. The amount of trash that has been thrown away in the years since the Great Depression, will have an impact on the lives of everyone on Earth for generations to come, unless something is done to exponentially reduce our production of garbage. What is the problem? According to the United States Environmental Protection Agency’s website, in 2010 (the latest figures available), the United States alone created over 250 million tons of trash. An interesting fact; the total volume of solid (this includes construction, demolition and non-hazardous industrial) waste produced in the United States each year is equal to the weight of more than 5600 Nimitz Class aircraft carriers, or 247,000 U.S. Space Shuttles, or over 2.3 million Boeing 747 Jumbo Jets (Beck). In an August 2008, ABC Good Morning America report it was stated that there is a massive area of floating trash, comprising approximately 3.5 million tons of garbage, mostly plastic, floating in the Pacific Ocean. (Bonfils) Why does it exist (causes)? The problem of becoming a throw-away society is caused by approximately seven plus billion inhabitants of this planet. We produce much more product than can be conceivably used or consumed and the excess is discarded. On a daily...
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...The Competitive Advantage of Nations Writer : Michael E. Porter (2001) Main contents “We need a new perspective and new tool” : An approach to competitiveness that grows directly out of an analysis of internationally successful industries, without regard for traditional ideology or current intellectual fashion.” • Natural Prosperity - Be Created / Not be inherited - Does not grow out of a country’s natural endowments, its labor pool, its interest rates, or its currency’s value , as classical economics insists • Competitiveness - A nation’s competitiveness : depends on the capacity of its industry to innovate and upgrade - Companies’ competitiveness : Gain advantages against the world’s best competitors because of pressure and challenge ( Benefit from having strong domestic rivals, aggressive home-based suppliers, and demanding local customers. - Competitive advantage : is created and sustained through a highly localized process. ( differences in national values, culture, economic, structures, institutions, and histories contribute to competitive success. - Every country has different environment ( Striking differences in the patterns of competitiveness - According to prevailing thinking : Labor cost, interest rates, exchange rates, and economic scale are the most potent determinants of competitiveness. ( So, Managers are pressing for more government support for particular industries...
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...role of the IMF, and the virtues of floating and fixed exchange rates. The crisis also has important implications for international businesses. For a decade, the Asian Pacific region has been promoted by many as the future economic engine of the world economy. Businesses have invested billions of dollars in the region on the assumption that the rapid growth of the last decade would continue. But at the dawn of the aforementioned crisis, it has come grinding to a halt. So what could this mean for international businesses with a stake in the region, and for those that compete against Asian companies? Back in the late 1980s and early 1990s a number of authors were writing articles about the superiority of the Asian Economic Model or Asian Capitalism. According to its advocates, the countries of the Asian Pacific region, as exemplified by Japan and South Korea, had put together the institutions of...
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...Table of contents 1 Introduction 2 2 September, 11th 2001: What happened 3 2.1 The chronology of the attacks 4 2.2 Manhattan covered with dust 5 3 The reactions worldwide 7 The consequences and reactions 8 in New York 5 The consequences for the economy 9 6 background 10 6.1 Why they attacked 10 6.1.2 A list of attacks aiming at the USA 10 6.2 Why they attacked the World Trade Center 11 7 My conclusions and results 13 8 Appendix 14 A list of pictures of the occurences on CD 9 Bibliography 15 9.1 Quotes 15 1 Introduction It was September, 11th 2001, and I was preparing myself for lunch, when the telephone rang. It was one of my friends. He wanted me to switch on the TV...
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...Kamil Zagorski C00142216@itcarlow.ie Kamil Zagorski C00142216@itcarlow.ie Abstract This document is unveiling topic of globalization and does it benefit everyone involved in process Abstract This document is unveiling topic of globalization and does it benefit everyone involved in process International business Globalisation International business Globalisation Globalisation-Does it benefit everyone involved? Globalisation can be defined as trend towards more integrated global economy, great example of this would be EU where Free Trade is in place among the members, there is no borders separating those countries and most of its members have adopted same currency to aid trade in between its members. Every company and every person in the country is affected by globalisation due to its economic integration between countries, these countries are united in terms of trade in goods and services, investment, free movement of labour and in joint international actions for e.g. fight against pollution. Businesses take a lot of advantage from Globalisation because they can spread their operations globally, and this means that they can sell products all over the world, if necessary or cheaper to do so they have the opportunity to outsource their production to different countries where they didn’t have access to before. The speed that globalisation is occurring at is making a lot of businesses to spread as fast as possible before their competition will establish them-self’s...
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...A Short History and Summary of the Current Conditions in Morocco and Its Geographical Situation Student Name HUMN 305 Section Professor Date Title: A Short History and Summary of the Current Conditions in Morocco and Its Geographical Situation No Abstract Needed for Global Issues Research Papers Geography and Background Our nation, the Kingdom of Morocco, is situated in a historically strategic location along the Strait of Gibraltar in North Africa, bordered by the Atlantic Ocean and Mediterranean Sea to the north and Algeria and Western Sahara to its south. Today’s Morocco is a Muslim nation, slightly larger than the state of California in the U.S., which boasts an estimated population of 33 million people. Although Morocco claims Arabic as it’s official language, French is primarily spoken in the business and commerce sectors (Morocco, 2007). But these are merely basic facts. To better understand our current position in the global arena, one must first examine the recent history of Morocco, both as a nation and as a people. Following the arrival of the Arabs in the seventh century and hundreds of years of subsequent ruling dynasties, Morocco’s natural resources were fully discovered by European nations during their explorations to Africa in the 1800’s. According to Youngblood-Coleman), “the Algeciras Conference in 1906 formalized France’s ‘special position’ and entrusted policing of Morocco to France and Spain jointly. In 1912, the area was divided...
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