...Business Research RES/351 September 3, 2013 Business Research Ethics Boeing Missile Defense System Unit, located in Chicago, Illinois, terminated the employment of both the company’s top financial executive Mike Sears and newly hired Vice President and Deputy General Manager Darleen Druyun after violating company policies by communicating with each other in regards to future employment decisions before Druyun terminated her employment with the United States government, which was a direct conflict of interest for the Boeing Company and the United States government. Boeing Missile Defense System Unit manufactures and distributes commercial aircraft and defense aircraft. One of Boeing’s biggest consumers happens to be the United States government. Mike Sears and Darleen Druyun provided each other with very important and confidential information that could make or break the both of their future career opportunities. This information shared between Sears and Druyun could destroy the Boeing Missile Defense System Unit financially as well. Mike Sears held top positions in each of Boeing’s top businesses in commercial aircraft and defense aircraft. He was also being considered as successor of 62 year old Phil Condit as CEO of the Boeing Company. Prior to Darleen Druyan’s employment with the Boeing Company, she served as Principal Deputy Assistant Air Force Secretary for Acquisition and Management for the United States Government. After an internal investigation was completed...
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...Caso: Boeing versus Airbus: Dos décadas de disputas comerciales. 1. No creo que fuera una subsidiaria competitiva ya no iba a tener el mismo poder que tiene al recibir subsidios de cuatro países importantes estos son: Gran Bretaña, Francia, Alemania y España. Al recibir subsidios se fortalece por que recibe ayuda extras que por lo general una empresa no recibe si opera sola. Con esto tiene la ventaja de reducir sus gastos y aumentar sus ganancias. Si no recibiera 13.5 millones de subsidios en préstamos por debajo de las tasas del mercado, no tuvieran la ventaja de poder financiar a sus clientes el 80% del costo en un término de 8 a 10 años a una tasa de interés anual de 7%.Con esta ventaja son superiores a Boeing por consiguiente sin las ayudas de estos a países no pudiera ofrecer una mejor oferta que Boeing. 2. Los cuatro gobiernos Europeos le dan subsidios a Airbus porque esto le daría una mayor ventaja competitiva en el mercado enfrentándose a su enemigo mayor Estados Unidos. Otro factor darle a Airbus el poder adquisitivo para enfrentar los atractivos ofrecidos a los clientes de su competidor. Querer que la nación Europea fuera el líder en el área de industria de aviones frente a la nación Estadounidense. 3. No la considero razonable eso siempre va a ser así las empresas multinacionales buscan siempre maximizar su ganancias a costa de lo que sea. No importando la política economía que tengan siempre las empresas van a querer obtener su beneficio del gobierno...
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...airlines, Emirates Airlines is one of the few airlines, which hardly felt the economic, and aviation downturn of the last few years. This is due to the great marketing efforts to promote Dubai as a tourist destination with attractive tax-free shopping. Emirates id considered to be the world's fastest-growing airline and it ranks amongst the top 10 carriers worldwide in terms of revenue, and has become the largest airline in the Middle East in terms of revenue, fleet size, and passengers carried. During the 2007/08 financial year, Emirates carried 21.2 million passengers. A total of 1.3 million tones of cargo was transported by Emirates Airline and Emirates SkyCargo, the freight subsidiary of The Emirates Group. Emirates will have 122 Boeing 777s by 2011 making it the single largest aircraft type in fleet, and 58 Airbus A380s by 2012. The airline also hopes to have over 120 Airbus A350's in its fleet by 2018. Emirate became the second operator of the Airbus A380 when their first aircraft was delivered on 28 July 2008, it is now in operation on the Dubai to New York route began nonstop flights between Los Angeles and...
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...Running head: DIVERSITY AND THE BOEING COMPANY The Boeing Company, the Struggle to the Top Introduction to the Boeing Company Boeing is one of the greatest aeronautical companies in the world and they have developed many innovative products and are using the most state of the art managerial, engineering and research known to man. “Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Additionally, Boeing designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. As a major service provider to NASA, Boeing operates the Space Shuttle and International Space Station. The company also provides numerous military and commercial airline support services. Boeing has customers in more than 90 countries around the world and is one of the largest U.S. exporters in terms of sales.”(Boeing.com) “Boeing is organized into two business units: Boeing Commercial Airplanes and Boeing Defense, Space & Security. Supporting these units is Boeing Capital Corporation, a global provider of financing solutions; the Shared Services Group, which provides a broad range of services to Boeing worldwide; and Boeing Engineering, Operations & Technology, which helps develop, acquire, apply and protect innovative technologies and processes.”(Boeing.com) I have worked for the Boeing Company’s Defense, Space &...
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... 31st (and a current market cap of more than $75B on 2013 May the 22th), BOEING is what we call a Gorilla in the global Aerospace and Defense Industry. Symbol of the US hegemony for many years, Boeing has confirmed its leadership in this industry. However, we know that the whole market just faced the subprime crisis of 2008, a fact that affected the growth and the excess return that the company was performing. This fact applies to the whole industry, and thus we believe that it is important to differentiate our company through its magnitude and sustainability of competitive advantages. One of their main competitive advantages is that the company has amazing benefits compare to their competitors since most of the government projects are contracted with Boeing. We...
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...COLOMBO CAMPUS SRI LANKA MBA FOR EXECUTIVES Module Name: Financial Analysis and Management Student Name: Anuradha S. Illeperumaarachchi Module Lecturer: Mr. William Parrott Module Tutor: Mr. S. Skandakumar Date Submitted: 10/07/14 Total Word Count: 4193 Table of Contents 1.0 Introduction to the Report 3 2.0 Introduction to Airbus 3 3.0 Introduction to Boeing 5 4.0 Analysis of Financial Management 6 5.0 A comparative analysis of Airbus and Boeing 7 5.1 Airbus Group 7 5.2 Boeing 11 6.0 Examination of Key Stakeholders and Information Disclosure 14 6.1 Customers 15 6.2 Suppliers 16 6.3 Employees 16 6.4 Shareholders 17 7.0 Way Forward 18 8.0 References & Bibliography 19 1.0 Introduction to the Report This Consultant’s report has been compiled based on information gathered from the annual reports and financial statements of The Boeing Company and the Airbus Group (formerly EADS) for the year 2012. While analyzing the level of disclosure of both companies, this report aims to shed light on industry standards and critically examine whether the needs of key stakeholder groups have been sufficiently addressed in the chosen annual reports. Further suggestions for the improvement of these reports are also made in order to increase benefits for named stakeholders...
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...Table of Contents………………………………………………………………………………………….…………………………………………..2 3. Executive Summary………………………………………………………………………………………….……………………………………… 3 4. Introduction……………………………………………………………………………………………………….………………………………………4 5. Aerospace Supply Chain Process………………………………………………………………………….…………………………………….5 6. Description of 5 stages………………………………………………………………………………………….…………………………………..6 7. Global Aerospace Supply Chain……………………………………………………………………………….…………………………………7 8. Sourcing in Aerospace Industry………………………………………………………………………………………………………………8-9 9. Need for Supply Chain in Aerospace Industry……………………………………………………………………………………..10-11 10. Major Aircraft components………………………………………………………………………………………………………………………12 11. Supply chain of Boeing components world wide………………………………………………………………………………………15 12. Criterion for adopting Supply Chain strategies…………………………………………………………………………………….17-18 13. Who does it?.......................................................................................................................................19-20 14. What technology enablers are used?.................................................................................................21-22 15. How well does it integrate?...................................................................................................................23 16. How innovative is it?...............................................................................................................
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...determining objectives, deciding in what types of activities the company will engage, choosing corporate and business strategies and determining the resources needed to achieve the organization’s goals (Bateman & Snell, 2008). When it comes to a huge corporation such as Boeing, the planning function becomes even more important because there are so many different divisions within the corporation that must be accounted for. In Boeing’s case, they are a multinational corporation that provides their services all throughout the world so they have to plan on a worldwide scale which is a much more difficult task than planning as a domestic company. Boeing’s planning functions are well thought out and executed to the fullest of their ability as they are very focused on their stakeholders needs, motivating their workforce, enabling teams, requiring alignment of plans, analyzing performance, and endlessly improving their systems and processes (Howe, 2011). By focusing on customer service, Boeing continues to be very successful in business which allows them to continue to plan for the future. By setting goals within its many departments such as the engineering department, mechanical department, and sales department, Boeing continues to remain...
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...MSL 687-90 Case Study #1 – Boeing 1. I believe there are one or more diagnostic models that provide a framework that succinctly identifies the key factors at the center of the Boeing situation. The first diagnostic model is 7-S Framework. According to our text, the 7-S Framework model is based on the proposition such as the organizational effectiveness that comes from the interaction of multiple factors and secondly successful change that requires attention to the interconnectedness of the variables. This diagnostic model consists of seven factors: structure, strategy, systems, style, staff, skills, and superordinate goals. The first part of the framework is structure; the way the company is structured when it comes to staff and management and also the way activities is coordinated in the organization. In the case, the problem with the 1994 airbus shocked the management executives and began a series of changes. These changes were implemented to overcome their historical bureaucratic structure, which has made it hard to be flexible and adapt to the external environment systems. Second part is strategy, which includes the update of their technology systems, downsize their operations, and re-establish relationships with their suppliers and the only feasible way costs could be cut. In 2001, Boeing tried to implement lean manufacturing, but they face great problems due to decentralized information system. The object of the project was to implement an automated...
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...Refuelling Schedule for Airports By Kiran R K Jitha Babu Shyam S Sreeraj S CHAPTER 1 INTRODUCTION 1.1 REFUELLING Refuelling is an important aspect with respect to the airports since it determines the ground time of an aero plane. Aircraft fuelling can take up to 90 minutes of ground time. Hence, precise planning and allocation is absolutely essential. Once a flight lands in an airport it has to be refueled for the next flight. The quantity of fuel required depends on the distance it has to travel to reach the next station and type of flight. Aviation fuel is a specialized type of petroleum-based fuel used to power aircraft. It is generally of a higher quality than fuels used in less critical applications such as heating or road transport, and often contains additives to reduce the risk of icing or explosion due to high temperatures, amongst other properties. Aviation fuels consist of blends of over a thousand chemicals, primarily Hydrocarbons (paraffins, olefins, naphthenes, and aromatics) as well as additives such as antioxidants and metal deactivators, and impurities. Principal components include n-octane and isooctane. Like other fuels, blends of Aviation fuel are often described by their...
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...goals and plans to a specific division of the company. Tactical planning concentrates on major actions that a unity in a company must take to accomplish part of the strategic plan. The time frame for tactical goals is usually up to three years. Operational planning takes place at a lower level part of the company and it occurs when specific procedures and processes are acknowledged. Last the contingency planning is an alternative plan that will be used when the original plan fails because of external environment obstacles (Bateman & Snell, 2009). Boeing is a company that manufactures commercial jetliners, military aircraft, defense, electronic, launch, and communication systems. They are the biggest aerospace company in the world with customers in more than 90 countries. The corporate offices for Boeing are in Chicago and this company holds more than 159,000 employees. According to Boeing Company (2010) “The Boeing Vision is: People working together as a global enterprise for...
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...Boeing is one of the leaders of the aerospace industry. Boeing makes a wide assortment of aircraft which includes military crafts, commercial aircraft and even weapons such as missiles. Boing also designs and manufactures electronic and communication systems. Boeing is major service provider for NASA and operates the Space Shuttle and International space station. Boeing is successful and owes a large portion of that success to its ability to plan around complicated issues such as legal and ethical standards. Boeing has to comply with legal requirements that make planning a challenge at times. Boeing must handle internal and external affairs which can either shine a negative light on the company or a positive one. An example of this is a lawsuit that was filed in 2000 that claimed pay differential between the two genders at Boeing. Though there was evidence that supported the claim of pay differential, Boeings lawyers were able to protect the company from public scrutiny. The case was settled out of court. Boeing is well known for its dedication to social responsibility. Boeing has been philanthropic and will likely continue to be. The company is a member of the Foundation for Corporate and Social Responsibility. Some examples of its efforts in the community are the refurbishing of the Chicago Air and Water show and the Royal Aeronautical Society in London. Economic conditions have a direct impact on Boeing and its planning. With the economy at a down swing and airlines...
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...Boeing Working Capital – FI515 Managerial Finance 1 Hector Rueda TABLE OF CONTENTS Introduction, Company Overview ………….. ……………………………………… Risk factors …………………………………………………………………………... Boeing Balance Sheet ……………………………….……………………….………. 2 3 4 Boeing income Statement . …………………………………………………….……. 18 Boeing Working Capital………………………………………………………….…… 24 Boeing Valuation.…………………………………………………………….……… 29 Conclusion …………………………………………………………………….…….. 37 References …. ……………………………………………………………………….. 38 Appendix Financial Statements & Ratios..…………………………………………………….. Discounted Free Cash Flow projection …………………………………………….. CAGR ………………………………………………………………………………. Terminal Value …………………………………………………………………….. 40 46 47 47 1 Introduction William Boeing founded the Boeing in 1916, in the midst of World War I (U.S. Centennial of Flight Commission, 2011). Since then the company just took off to become “world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training” (Boeing 10K). Methodology We used various sources to gather our information, primary sources as well as secondary, Boeing...
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...In May of 1997 after Boeing announced their merger with the McDonnell Douglas Corporation, there was a manufacturing breakdown happening within the Boeing organization. Boeing began to have a shortage in parts, employee overtime reached an all time high, and warning signs of the company’s well being were starting to become evident. Boeing then formed a special team to study the crisis and reported “Our production system is broken.” Boeing made a decision that would change the company forever as they decided to change the numbers to show profits even though profits were significantly down. Boeing Chairman, Philip M. Condit, made a decision to keep this information away from the investors and out of the public eye until after the merger. This decision was made due to Mr. Condit did not wanting anything to stop the merger from taking place. One of the public relation managers at Boeing tried to announce that Boeing was experiencing problems on September 6th and then again on September 13th. These dates were chosen as the funerals for Princess Diana and Mother Teresa took place on these specific dates. This was done with the hope that the Boeing story would be over looked to a grieving public, but it did not happen. On October 22nd of 1997, Mr. Condit publicly announced the company’s massive production problems, and that they were being forced to write off 2.6 billion dollars, the largest in the company’s history. Overnight Boeing shares fell 8% wiping out almost 4.3 billion...
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...FINANCIAL MANAGEMENT (BA 385T) FALL 2011 PROF. CLEMENS SIALM Case 1: Airbus A3XX Due: August 31, 2011 On August 31st we will discuss the HBS case “Airbus A3XX: Developing the World’s Largest Commercial Jet (A)” (9-201-028, Revised April 26, 2004). The case is available in the course packet or from the website of the Harvard Business School Press. To prepare for the class discussion, you need to submit a written analysis. The assignment is done in your study groups and part of the class contribution grade will be determined by peer evaluation of each member’s contribution to the assignments. Copies of the written reports are due at the beginning of class on the day the case will be discussed in class according to the class schedule. No late written reports will be accepted. Each group will hand in only one typed assignment. The assignments should be between four and eight pages in standard formatting. For the cases, you should try to put yourself in the shoes of the case participants at the time of the case and you must take a position regarding the problem in the case and make a specific recommendation on how to solve it. Support your recommendation as succinctly and as effectively as you can. The case questions given below are designed to help you streamline the issues to be addressed. If you believe that these questions do not effectively address the problems in the case, feel free to go outside the parameters of the questions. You may not look at or use case materials...
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