Wednesday, April 3, 2013

Planning function of management for Boeing

Planning Function of ManagementThe purpose of this paper is to explain the planning functions of perplexity for the organization known as Boeing. Boeing is an aerospace company; they build rider airplanes, military aircraft, satellites, and missiles. Boeing?s planning functions of management is influenced by sexual and away computes. These factors such as the economy and competition in a flash influence the strategic, tactical, operational, and contingency planning. Boeing is the largest manufacturer of satellites, commercial jetliners, and military aircraft in the world. The company is also a global market attracter in missile defense, human space flight, and launch services. Chicago-based Boeing has an blanket(a) global reach with customers in 145 countries. Boeing operates under the strictest principles of integrated governance. With 152,091 employees, Boeing posted 2004 revenues of $52.45 Billion. (FCSR, 2008)The state of the economy is a huge external factor of how the Boeing organization operates both, strategically and tactically. In 2001, the economy was impinging hard and along with many other company?s Boeing was suffering financially. Boeing was saved when they were offered a contract with U.S. Air twitch worth $49.2 billion (Advantage Business Media, 2007). Boeing also teamed up with Saudi-Arabian Arabia Airlines in 1995 (Boeing, 2001).

Boeing?s competition is another external factor that influences the organization both tactically and strategically.

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The company known as Airbus is Boeings biggest competition. Airbus is the leading manufacturer of commercial jets (Yahoo, 2008). Recently Boeing has been having internal issues bear upon their assembly line and has cause a shortage in production which in turn has been affecting deadlines. With Boeing experiencing problems clients have been turn of events to Airbus to fulfill their needs. Lockheed Martin is Boeings biggest competition in defense systems (Yahoo, 2008).Currently; Boeing and Lockheed Martin are operative together on some projects to help meet the superior demand.

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