Boeing Business Analysis
MGT/ 521
10/10/11
Boeing Business Analysis
Before take the decision whether or not invest money in a company it is imperative to analyze the overall situation of the company. Boeing was selected for study because, as representing American big business at the millennium, the company was reputable an unsullied by financial scandals. Boeing is engaged in the design, development, manufacturing, sale and support of the commercial jetliners, military aircraft, satellites, missile defense systems and services. Boeing is situated in the 36th position out to the fortune 500 which is very suitable however as the economy is changing it is imperative to perform a SWOT analysis in deep in order to know the company
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Shareholders: The shareholders expectation is to obtain a profit and superior return on their assets.
External stakeholders
Government: which is the primary corporate stakeholder and the final arbiter of what corporations must do and Boeing is aware of their necessities. Because government is constantly changing and no government last forever, Boeing is entailed to complete all government ordinances such as taxes, employment law, international relationship, quality on their military instruments etc.
Customers: Boeing deals whit its customers in a fair and impartial manner their business are won or lost on the merits of Boeing products and services making special efforts and focus on providing customers whit accurate and valid information.
Communities: Corporate citizenship is the responsibility of the entire Boeing community. The Boeing Company recognizes the critical role it plays in the many diverse communities where they have presence, and they take that role seriously. Their sustained involvement in the community is an important element of Boeing culture and integral part of the way they do business. Boeing maintains their commitment to good citizenship by contributing cash, in-kind and surplus donations, and the expertise of our people. Also, they support programs that encourage the charitable generosity and
The Boeing Company designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. It operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements; and provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spare parts, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment researches, develops, produces, and modifies manned and unmanned military aircraft, and weapons systems for global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment researches, develops, produces, and modifies strategic defense and intelligence systems, satellite systems, and space exploration products.
Airbus was planning to introduce the A380 in direct competition to Boeing 747 to compete in the large aircraft sector. The rivalry between Airbus and Boeing was already intense. Boeing’s market share reduced from 70% in 1974 to 45% in 1990 while Airbus’s market share had increased from 1% to 34% during the same time (Exhibit 5). Encouraged by this increase in market share, Airbus was contemplating the introduction of A380. Development of new product line is extremely expensive in the Aircraft sector. Following is a quantitative analysis of the project to calculate the risks involved in introducing a new line of Aircrafts.
The business level strategies for Boeing commercial are deliver customer value, lead with innovation and fuel growth through productivity. Boeing Commercial Airplanes, a business unit of The Boeing Company, is committed to being the leader in commercial aviation by offering airplanes and services that deliver superior design, efficiency and value to customers around the world (Boeing.com, n.d).
Boeing the huge corporation that it is has had its fair share of legal issues. The corporation has to pay special attention to detail when it concerns obeying the laws and regulations in regard the manufacturing of aircraft. The planes must be tested for safety and flying ability before they ever hit the mainstream public. Notices on the aircraft tell passengers when they should be buckled and when it is considered safe to unbuckle. Engineers have to provide manuals for the
Overall, “Boeing, Boeing” was an interesting and entertaining play. I would recommend it to everyone. However, it may be sensitive towards viewers of a young age. It does have sexual gestures and some foul language. Yet, the play would still be an enjoyable one to see, especially at the New Theatre Restaurant. The New Theatre Restaurant is such an amazingly beautiful restaurant. It had unique sculptures and other artwork spread out in each part of the building. The restaurant was a buffet and usually based their meal choices according to the kind of show they have. We had food from all the different countries; German, Spain, French, and American foods. I tried every single food selection that served and though there were a few foods I enjoyed
Boeing’s faces these marketing risks. The marketing manager brought it to the airlines, who reviewed, among other things, its flight characteristics, range, cursing speed, interior, systems and operating costs the feedback to designers the airplanes to meet the best the requirements of customers is a difficult process. Airline bit difficult to design. Therefore, the configuration changes constantly.
Boeing’s target market is different in that they are selling to companies rather than individuals. The target market is determined through a combination of geographic and demographic segmentation. The two target markets are commercial airline companies and the US government and its allies. These markets directly coincide with the company’s two business units: Commercial Airplanes and Defense, Space, & Security (Boeing, 2016).
After a few number of mergers & acquisitions to become the world’s largest, most diversified aerospace company, Boeing enterprise now include: North American Aviation, McDonnell Douglas, Rockwell International, Hughes Space & Communications, and Jeppesen.
To maximize shareholder value through a systematic, disciplined, reliable, ethical, and ongoing process of supply of goods or services.
* Shareholders – They invest their money into the business in return for profit or dividends.
Second, Airbus, McDonnell Douglas, and Boeing are multi-product firms that are selling several products during most time periods. When Boeing considers lowering a price of one of its products, this will not only reduce the market share of Airbus’s products, but it might also undercut the sales of Boeing’s other products. Boeing may then lower its prices by less than in a situation when it only sells one product.
Boeing Employment (2005): Employee Empowerment." Boeing (2004): "Ethical Business Conduct." Boeing (2005): "Ethics and Business Conduct." Boeing (2005): "Global Advertising," Bond, David. "FAA Faults Boeing For Quality Failures." Aviation Week & Space Technology Nov. 6 2000: 43-44.
This report discussed the components of internal analysis, competitive advantage, and strategic competitiveness of Boeing Company. This is done by analyzing the tangible & intangible resources, capabilities, and core competencies in order to clarify Boeing’s strengths and weaknesses.
Boeing also has a legal responsibility to the military, government, and commercial markets to provide the newest technology available and get the approval from the United States government before they produce any military technologies for the foreign government/powers. When Boeing deals with the military they are required and mandated to keep some equipment specifications classified so that they do not fall into the wrong hands. If this security is breached Boeing would be held responsible and this could be detrimental to our homeland security and military. Boeing also has a social responsibility to provide jobs to their employees and community. “Boeing rightly insists that they cannot be expected to provide jobs for the life in a fast-changing, global market. But what they can—and should—offer employees, is a tool kit of portable skills, a high level of training that allows displaced workers to land new jobs” (McMurdy, 1996 par.8). In some ways Boeing believes by providing the jobs to the community it places them in an advantage where
Boeing Company has been and is still at the forefront of the aviation industry. The late 1990s were a time of trial and transition where the company encountered and overcame a number of