Preview

Four Components of Business

Good Essays
Open Document
Open Document
635 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Four Components of Business
Boeing and the Four Components of Business
Dwight N. Evans Jr.
Grantham University

BUSINESS
Boeing is the largest aerospace company in the world; as well as the leading manufacturer of commercial planes and defense and security systems. It has approximately 170,000 employees; located primarily at its headquarters in Renton, Washington. Additional U.S. offices are located in Los Angeles, California, along with international offices in Hong Kong and Moscow. (Boeing, 2011) Boeing is one of the country’s top exporters. They provide government and commercial airline support to 150 different countries. Their product line consists of satellites, weapons, commercial and military aircraft, electronic and defense systems, performance based logistics and training, launch systems, communication systems, and advanced information systems. The company is comprised of two business units, Boeing Commercial Airplanes and Boeing Defense, Space & Security. Supporting these units are Boeing Capital Corporation, a global provider of financing solutions; the Shared Services Group, which provides a broad range of services to Boeing worldwide; and Boeing Engineering, Operations & Technology, which helps develop, acquire, apply and protect innovative technologies and processes. (Boeing, 2011)
PROFIT
In 2010 Boeing performed exceptional well which led to near double digit operating margins in each business unit. (Boeing, 2011) They ended the year with the second highest earnings in company history; $3.3 billion net earnings. (Boeing, 2011) CNN Money has Boeing listed as #36 of the top 100 Fortune 500 companies for 2011. (Money, 2011) It sure didn’t hurt that Boeing just got a $30 billion contract to supply the U.S. Air Force with aircraft refuelers. Below I have included a chart of the company’s stock value:
BUSINESS ENVIRONMENT Right now Boeing is doing very well overall; however they may have some concerns in the near future with the U.S. Government attempting


References: Boeing, (2011). Boeing capital. Retrieved from http://www.boeing.com/companyoffices/aboutus/brief/bcc.html Boeing. (2011). The boeing company 2010 annual report. 2010 Annual Report, 156. Boeing, (2011, July 28). Boeing employment numbers. Retrieved from http://www.boeing.com/aboutus/employment/employment_table.html China Economic Net, (2011, September 8). Boeing: air fleet will triple. Retrieved from http://en.ce.cn/Industries/Aerospare/201109/08/t20110908_22681634.shtml Money, C. (2011). Fortune 500 our annual ranking of america 's largest corporations. Retrieved from http://money.cnn.com/magazines/fortune/fortune500/2011/snapshots/59.html
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Acct 101 Assignment 1
    • 2007 Words
    • 9 Pages

    Acct 101 Assignment 1

    a. California Public Employees Retirement System would be interested in Boeing’s financial information to make predictions of the future. By examining historical data and the current information they can decide if and how much to invest.…

    • 2007 Words
    • 9 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Ba 353
    • 563 Words
    • 3 Pages

    Ba 353

    In 2011, the company’s revenue grew to 68.735 billion dollars when the profit was 4.018 billion dollars. Boeing holds contracts with 26,500 suppliers and partners globally. Boeing Company is planning to expand its market by getting 34,000 new airplanes that are worth 4.5 trillion dollars. By doing that they will replace their older airplanes and will improve the emerging markets along with innovation in airline business models.…

    • 563 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Boeing Swot Analysis
    • 518 Words
    • 3 Pages

    Boeing Swot Analysis

    The Boeing Company, founded in 1916 by William E. Boeing, is a successful manufacturer of military and civil aircraft, based in Seattle, Washington State. They have manufactured many aircraft over the last 99 years, some of which have become extremely popular, including the Model 314, the 307, the 737, and the 747. In this report, I will attempt to give a brief overview of the history of the Boeing Company over the last century.…

    • 518 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    boeing guideline
    • 305 Words
    • 2 Pages

    boeing guideline

    competition from Airbus and losing its advantage. Boeing executives wish to come up with a…

    • 305 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Fin/419 - Week 2 - Financial Outcomes Lt Paper
    • 1823 Words
    • 8 Pages

    Fin/419 - Week 2 - Financial Outcomes Lt Paper

    In this paper Team C has selected to report financial outcomes for the Boeing Company. We will compare and contrast three potential financial outcomes that we envision for the initiative in using the most recent annual report and other financial statements. We will evaluate our discoveries to determine the most likely outcome. We will also include calculations that support our analysis of various financial outcomes and discuss the financial effect on Boeing. Boeing is the largest global aircraft producer that started in the mid-1916 and continues to grow by producing the biggest aircrafts and improving them with today’s technologies.…

    • 1823 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Good Essays

    Current Events Paper: The Boeing 787 Dreamliner
    • 1205 Words
    • 5 Pages

    Current Events Paper: The Boeing 787 Dreamliner

    Boeing has a history of being the best aircraft company in terms of leadership and innovation, which is used to create leading aircraft designs. They also use advanced technology and engineering skills to design and develop its products. As a result, Boeing serves nations worldwide with commercial and military…

    • 1205 Words
    • 5 Pages
    Good Essays
    Read More
  • Better Essays

    mkt 474
    • 5637 Words
    • 23 Pages

    mkt 474

    Boeing Company, America’s largest exporter—producing a marketing of commercial aircraft and space vehicles requires millions from around the world to work together and no company does more to enable people from all countries to meet face to face for both recreation and commerce---the result is personal relationships and mutual understanding which in latter, are the foundation of global peace and prosperity…

    • 5637 Words
    • 23 Pages
    Better Essays
    Read More
  • Powerful Essays

    Boeing Financial Analysis
    • 9354 Words
    • 38 Pages

    Boeing Financial Analysis

    The Boeing Corporation, originally Pacific Aero Products Company, was established in 1916 in the Washington Puget Sound region. The company was originally incorporated to build aircraft, air mail delivery, and pilot training, but was broken up by the government in 1934 creating United Airlines and Boeing Aircraft Company. During the first 97 years the company expanded through strategic mergers and acquisitions of storied aerospace pioneering companies into the $81.7 billion dollar company it is today. Many of the companies are household names with the older generations: North American Aviation, McDonnell Douglas, Rockwell International, Hughes Space & Communications, and Jeppesen. Through these expansions, Boeing has become the world’s largest and most diversified player in the aerospace and defense industry. Ranked in the top of U.S. exporters, Boeing supports airlines as well as the U.S. and allied government customers in 150 countries. The company is divided into two major business units supported by nine corporate functions. The two business units are Commercial Airplanes (60%) and Defense, Space & Security.…

    • 9354 Words
    • 38 Pages
    Powerful Essays
    Read More
  • Good Essays

    Bcom/230 Behavior and Communication Paper
    • 763 Words
    • 4 Pages

    Bcom/230 Behavior and Communication Paper

    Soon to celebrate a 100-year anniversary, The Boeing Company was founded in 1916 and had 28 people on its payroll. Today, The Boeing Company has more than 170,000 employees, in 50 states and 70 countries and is the largest manufacturer of commercial airplanes and military aircraft (“The Boeing Company,” 2012). Boeing is structured around a business model that sets it apart from other companies. This model consists of six parts. They are chart the course, set high expectations, inspire others, find a way, live Boeing values, and deliver results. These six parts fall into the four categories of trust, conflict resolution, commitment, and accountability. Every Boeing facility adheres to this model, whether it is the Commercial Division or the Defense/Space Division. This is called the “One Boeing” approach with everyone working together for the common goal. Following this business model has allowed Boeing to become an industry leader.…

    • 763 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Swot Analysis of Delta Airlines
    • 875 Words
    • 4 Pages

    Swot Analysis of Delta Airlines

    * Due to its strong financial strategy Delta was the only airline company which wasn’t affect by the event of September 2001…

    • 875 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Good Essays

    Boeing 707
    • 2133 Words
    • 9 Pages

    Boeing 707

    In 2004, Boeing was one of the United States' largest manufacturers, with nearly 160,000 employees and a net income of$I.87 billion. It was the world's largest acrospace company, and, for decades, had dominated the world's commercial Copyright © 2006 President and Fellows of Harvard College. Harvard Business School Case 807-011. Professors Lynda M. Applegate and Joseph S. Valacich (Washington State University) and Research Associates Mara E. Vatz and Christoph Schneider prepared this case as the basis for class discussion rather than to illustrate effective or ineffective management.…

    • 2133 Words
    • 9 Pages
    Good Essays
    Read More
  • Powerful Essays

    Boeing Paper
    • 37585 Words
    • 151 Pages

    Boeing Paper

    This paper will first attempt to explain the legal structure of Boeing and then describe any historical, present, or future litigation Boeing is engaged in. Then the paper will detail the business and analyze its strategic situation. This section will focus on Boeing’s core competency and use the five forces framework to analyze its strategic position. The third second of this paper will discuss Boeing’s marketing strategy as well as detail their competition and how they differentiate themselves in the marketplace. The fourth section will analyze Boeing’s principal accounting statements and prepare a valuation for Boeing. It will also attempt to assess Boeing’s financial performance and standing relative to its past performance and that of its competitors. The next section will cover a research…

    • 37585 Words
    • 151 Pages
    Powerful Essays
    Read More
  • Best Essays

    Human Resource Current Event
    • 2097 Words
    • 9 Pages

    Human Resource Current Event

    References: Money. (2012, May 21). Fortune 500 2012: Fortune 1000 Companies 101-200 - FORTUNE on CNNMoney.com. CNNMoney - Business, financial and personal finance news. Retrieved November 7, 2012, from http://money.cnn.com/magazines/fortune/fortune500/2012/full_list/101_200.html…

    • 2097 Words
    • 9 Pages
    Best Essays
    Read More
  • Powerful Essays

    Leadership and Management at Boeing
    • 1346 Words
    • 6 Pages

    Leadership and Management at Boeing

    Boeing has a long reputation of aerospace leadership and innovation. Boeing employees more than 155,000 people worldwide. With a huge number of employees, managing a big company such as Boeing can be an overwhelming task. Due to this, Boeing is comprised of one of the most diverse, talented and innovative workforces (Boeing Corporation, 2010). This is one factor that influence Boeing’s operational planning where the company can to expand the product line and services to their customers. Having the right business development and strategy is how it all starts. Another factor that influences the operational planning of the company is that more than 90,000 employees hold a college degree that includes 29,000 of employees with advanced degrees (Boeing Corporation, 2010).…

    • 1346 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Good Essays

    Career Interest Paper
    • 1524 Words
    • 7 Pages

    Career Interest Paper

    Two branches of Technology are Engineering and business. An Engineer has the ability pursue a variety of occupations that he/she may focus on as a career. Aviation Engineering is a type certification that allows an individual to maintain, repair, and create blueprints to aircrafts and helicopters, as well as private planes. Boeing Aircrafts would be the ideal Business for this type of technology. Boeing Aviation Company, not only employs Engineers, but they also manufacture modern day aircrafts. It is a business that is built for the aviation market, and is outsourced and sold to different companies such as, Continental Airlines and Jet Blue. It is a profitable business for all companies involved; Boeing would either rent a certain amount of aircrafts to a company and or sell them as fleet. The price range for a Boeing Aircraft model 777 lists from 200-250 million per…

    • 1524 Words
    • 7 Pages
    Good Essays
    Read More

Related Topics