Boeing: Factors Influencing the Management Planning Process
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Boeing: Factors Influencing the Management Planning Process
MGT/330
April 7, 2011
Boeing is one of the world’s leading makers of commercial airplanes, military aircraft, missiles, and satellites. As a large global corporation, Boeing has many factors to consider when executing a business plan. Legal responsibilities, ethical responsibilities, and social responsibilities all need to be acknowledged by this multi-billion dollar aerospace company. External factors also need to be considered in the planning process. The economy, competition in the marketplace, and government legislation and regulations will directly affect the organizations business plan. Let’s take a closer look at the affect these factors and responsibilities have on Boeing and how they do business within these constraints.
Boeing
To understand Boeing we must first look at the services and products they provide. Boeing has been one of the world’s leading producer of commercial jet planes and military aircraft and defense systems. Boeing also works with the National Aeronautics and Space Administration (NASA) providing support and operations for the Space Shuttle and the International Space Station. Boeings customer base includes clients in more than 90 countries. They have offices in all 50 states that provide service and support for their customers (Boeing, 2011).
Legal Responsibility
The amount of responsibility is magnified by the list of services and products Boeing offers. Legal responsibilities to affect Boeing include acting within the constraints of federal guidelines. In March 2011 the World Trade Organization (WTO) found that Boeings leading competition, Airbus, was accepting billions of dollars in illegal subsidies from European countries (Boeing, 2011). Airbus claimed that the subsidies were necessary to counteract the 2.7 billion of assistance funding given to Boeing by the U.S. government. According to a Boeing press release (2011) the WTO found that Airbus...
MGT/330
April 7, 2011
Boeing is one of the world’s leading makers of commercial airplanes, military aircraft, missiles, and satellites. As a large global corporation, Boeing has many factors to consider when executing a business plan. Legal responsibilities, ethical responsibilities, and social responsibilities all need to be acknowledged by this multi-billion dollar aerospace company. External factors also need to be considered in the planning process. The economy, competition in the marketplace, and government legislation and regulations will directly affect the organizations business plan. Let’s take a closer look at the affect these factors and responsibilities have on Boeing and how they do business within these constraints.
Boeing
To understand Boeing we must first look at the services and products they provide. Boeing has been one of the world’s leading producer of commercial jet planes and military aircraft and defense systems. Boeing also works with the National Aeronautics and Space Administration (NASA) providing support and operations for the Space Shuttle and the International Space Station. Boeings customer base includes clients in more than 90 countries. They have offices in all 50 states that provide service and support for their customers (Boeing, 2011).
Legal Responsibility
The amount of responsibility is magnified by the list of services and products Boeing offers. Legal responsibilities to affect Boeing include acting within the constraints of federal guidelines. In March 2011 the World Trade Organization (WTO) found that Boeings leading competition, Airbus, was accepting billions of dollars in illegal subsidies from European countries (Boeing, 2011). Airbus claimed that the subsidies were necessary to counteract the 2.7 billion of assistance funding given to Boeing by the U.S. government. According to a Boeing press release (2011) the WTO found that Airbus...