Internal and External Analysis of Boeing Company (Research Proposal Sample)
Its an assignment on a company in which we discussed about all the internal and external analysis of companysource..
The Boeing Company
Table of Contents
TOC \h \u \z 1. Executive Summary:-32. Company History:-32.1 Background:-42.2 Purpose of this study:-43. External Analysis:-43.1 General Environment Analysis:-53.3 Summary of General Environment Analysis:-63.4 Driving Force:-63.5 Industry Analysis:-63.6 Description of the Industry:-63.7 Industry Dominant Economic Features:-73.8 Market Size:-73.9 Market Growth Rate:-83.10 Industry Trend:-83.10 Five Force Analysis83.10 (1) Power of buyers93.10 (2) Power of supplier93.10 (3) Substitutes103.10 (4) Intensity of rivalry103.10 (5) Threats of new entrants113.11 Summary of Industrial Analysis:-113.12 Competition Analysis:-113.12 (1) Industry Competitors123.12(2) Rival Anticipated Strategic Moves:-123.12(3) Summary of Competitiveness Analysis123.12(4) Key Factor of Success:-134. Internal Analysis:-137's Framework of Boeing Company:134.1 Organization Analysis:-14VRIO Framework of Boeing Company:-154.2 Corporate Mission:-154.3 Products and Services:-154.4 Leadership:-154.5 Organizational Culture:-164.6 Structure:-164.7 Strategy:-164.8 Summary of Organization Analysis:-164.8(1) Tangible Resources:-174.8(2) Intangible Resources:-174.8(3) Capabilities:-174.8(4) Core Competencies and Sustainable Advantages:-174.8(5) Summary of Firms Resources:-184.9 Financial Analysis:-18Financial Analysis of Boeing Company:-184.9(1) Valuation and Growth Analysis:-194.9(2) Profitability and Financial Strength Analysis:-204.9(3) Management Efficiency Analysis:-204.9(4) Summary of Financial Analysis:-205. SWOT Analysis:-205.2 Value Chain Analysis:-226. Recommendations:-226.1 External Recommendation236.2 Internal Recommendation236.3 Conclusion:-24
1. Executive Summary:-
The Boeing Company is the world's largest aerospace company and manages the manufacture of jetliners and defense, space, and security systems. The Boeing company products & services include satellites, weapons, electronics, launch a new system, new information, communication systems, performance-based logistics, and training. The company delivers superior design, efficient and adds value for customers to exceed expectations, and continues to increase its product lines to meet customer demands(Kearney, 2003). The company provides a wide range of capabilities, new technology, network solutions, more skilled workers, an innovative workforce, and commercial airline support services.
2. Company History:-
The Boeing Company was established on July 15, 1916, When American lumber industrialist William E. Boeing founded Aero Products Company and located in Seattle, Washington. Boeing Company is an American international corporation that designs, manufactures, sells airplanes and related parts. Boeing is assembling a plane in its facilities in the country. The company has five divisions:-
* Boeing Commercial Airlines
* Boeing Defense, Space, and Security
* Engineering, Operation, and Technology
* Boeing Capital
* Boeing Shared Services Group
History of Boeing Company
1 'United' Era (1929-34)
2 Aircraft Military (1934-52)
3 Jets, Missiles and Rockets (1953-69)
4 Company Diversified (1970-82)
5 Partnerships and Advanced Products Group (1995)
6 Boeing Satellite and Electronics ( 2000)
7 Headquarters moved from Seattle to Chicago (2001)
Member profile:- The Boeing Company
Sectors:- Aerospace & Defense
Headquarters:- Boeing international headquarters in Chicago, USA
Products and services:- Commercial aircraft, military aircraft, satellites & space vehicles, leasing support services, and computer services.
Revenue:- US $ 76.56
Number of employees:- 161,133
2.2 Purpose of this study:-
The purpose of this study is to establish new methods and investigate in particular areas, quality of services, and understand key drivers to purchase. Identify concepts that the company is trying to achieve, and quickly respond to current social demands and new creation of technologies(Airbus, 2008). They also develop teamwork for innovative products and keep the company running from skilled employees.
3. External Analysis:-
External analysis affects companies in the aerospace and defense industry. The industry trends that cause Boeing to make decisions for the long term and impact on their business. Boeing is producing innovative products and using advanced technology because technology changes to create a competitive edge for newer projects. The supply and demand of the Boeing aircraft company have increased sharply(GUTHRIE, 2004).
3.1 General Environment Analysis:-
The Boeing Company is one of the most well-known, general environment analysis influences the performance and operation of a business. The Boeing external environment involves gaining an understanding of factors and trends in broader society(Szymanski, 2002). The general environment analysis consists of six segments:-
Boeing has a different experience of work and skill to perform in the workplace. It helps to maximize company profit and sales.
Boeing companies manufacture many different products, but these products are airplane model design. The airplane with better features will add, and it will have more supply and demand in the market. Boeing's product's price depends on the economic fluctuations in the market, and companies measure the risk for the future because of its effect on the profitability of the company.
Government laws, regulations, policies have an impact on Boeing company. Boeing has a strong relationship and agreement with the government, and government policies may have a role in accepting the new orders of aircraft. Sometimes, the high cost of airplanes will harm the Boeing company's revenue.
Socio-cultural effects being in markets and individuals tend to be taking more holidays specially for festival events such as Christmas, Easter, increasing the supply and demand of airlines. The company decreases the cost of airlines people are using to travel more for tourism and professionals, and increases the interest in aircraft.
Boeing is also boosting the development of new technology to make it better and safer, and the Boeing company has excellent technical capabilities in terms of fuel efficiency and other features. For example, new product development, automation, and advanced services delivery.
Boeing company is focusing on research and development, improved processes, innovation engineering, digital as well as training and supply chain logistics. Boeing develops the company's growth and productivity outside the country.
3.3 Summary of General Environment Analysis:-
The Boeing Company is identifying the general environment analysis and support to understand the segments which affect the operation of the company because external factors enhance the airline industry. Boeing companies must focus on the external environment because the business market is dynamic, and everyone is trying to achieve a profit. Boeing companies analyze the external environment with the help of these segments and improve the operation process.
3.4 Driving Force:-
The company's driving force is to help understand the future and build a relationship. Driving forces have an impact on future needs in the market. It will help to develop product concepts and a strong position in the market to meet the demands(Benkard, Learning and Forgetting: The Dynamics of Aircraft Production,” The American Economic, 2000). The driving force of a company is a source of company strength and competitive advantage.
3.5 Industry Analysis:-
The Aerospace industry is growing for better plans and strategies used for products and services. Boeing company offers different products and has capabilities to allow its customers to meet requirements(Argote, 1990). Boeing is a component of economic development and understands its position relative to other companies that produce the same products and services.
3.6 Description of the Industry:-
The Boeing industry is a group of manufacturers that make a particular kind of goods and services. Boeing can better understand the factors, evaluate the industry growth profit revenue, and as well as support services to the commercial airline industry. The Aerospace industry is the most powerful, using the latest technology, the cooperation of the public and private sectors.
3.7 Industry Dominant Economic Features:-
* The Market size
* The Life cycle of industry and Growth rate
* Economies of scale
* Industry products effect on competition and profitability
* Distribution and global economic expansion
* Purchasing, manufacturing, and advertising
* New technology
* Rapid products innovation
3.8 Market Size:-
Market size estimates the shape of company products and long-term business planning. Companies have combined shares of 91% in the aircrafts market globally, and airlines serve a new market efficiently more than in the past(Benkard, A Dynamic Analysis of the Market for Wide-Bodied Commercial...
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