Exercise 1.2 pg. 33:
Boeing Company is the largest manufacturer of commercial aircraft in the United States and is a major employer in Seattle, Washington. Explain why each of the following individuals or organizations would be interested in financial information about the company.
a. California Public Employees Retirement System (CPRES) • Financial information from Boeing could provide CPRES with information like transfers, cash outs, disenrollment, as well as projected enrollments. Also, the information can provide CPRES with a projected year or multiple years of payout. b. China Airlines • Financial information from Boeing can help China Airlines by helping them to make decisions for future investments, and aid them in determining how dependable Boeing is for funding of new projects, and reliability of delivery of acquisitions. …show more content…
Henry James • Henry can use Boeing’s information to mark trends for Seattle’s economy. He can also use the financial information from Boeing to decide whether or not the company’s financials are good. If the financials are good, the investment into apartments is not as risky than if the company had to make adjustments to staff etc. to balance operations. d. Boeing’s Management • Boeing’s management can use Boeing’s financial information to help management set goals, evaluate individual and departmental performance, control inventory, gauge shipping and deliver information, and estimate budgets necessary. e. International Aerospace Machinists • International Aerospace Machinists can use the financial information from Boing to make sure that employee rights are being advocated and supported. They can also use the information to make sure those union contracts are being fulfilled.
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