Background And Introduction Of Boeing Company

1274 Words Aug 13th, 2014 6 Pages
Background and Introduction

The Boeing Company is a prominent aerospace company, known for their leading manufacturing of commercial jetliners and defense along with space and security systems. Boeing offers a variety of products and is in 150 different countries. Boeing is also very well known for its investments in R&D. The Boeing Corporation operates in two different parameters; its commercial airplanes and the other being defense, space & security. It is now headquartered in Chicago, previously Seattle. It is a publicly traded company through NYSE.
Boeing began in 1916 with only 21 employees and grew into the leading aerospace company it is today. Through mergers and acquisitions of smaller aerospace companies which made passenger planes, helicopters, warbirds and missiles, satellites and spacecraft Boeing has become the world’s largest aerospace company.
Operations Management in the Company

“Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. Operations management is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization. (“Operations Management”) From the results the company has provided this last quarter it seems as through their management of operations is well distributed and operating at top levels. The second quarter reports show a 43% increase in profits from 2013, which is…
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