The Aerospace Industry
The Aerospace Industry
Abstract
The modern business organization has undoubtedly been prompted by continual social, political and economic growth. Drastic changes in technology and global communications have created the need for managers to develop beyond simply understanding the business environment. Now, they must also invest their resources into researching the climate which they wish to create within their organization as they realize the effects which this climate can have on both: their internal and external customers, as well.
As a result, business has evolved from a meager place of work into the business environment. This is a place in which ethically responsible managers make conscientious decisions knowing that they will impact the potential economic, political, and social threats that face them. However, these decisions must first be studied. The derived data must come from practices that can be used reliably. And, the most effective means of gathering this knowledge is by conducting a systematic inquiry into these areas known as business research. Good business research generates dependable data as is described in this report.
The Aerospace Industry Economists use the Gross National Product (GNP) as a way to measure our nation 's income and the overall health of the economy. GDP is the market value of all final goods and services produced in the economy in a single year. One way to figure GDP is to add up the income received by American businesses and households. Another way is to look at expenditures made by the decision-makers in the economy: expenditures by households, business investment, and government expenditures. Another way is to look at the success (or failure) of leading industries, such as the airline market.
In the airline business, Over the past 30 years, world Gross Domestic Product has tripled.(Bisignani, 2005, p.82) In the same period, passenger traffic has increased seven-fold. With 6% annual growth, air transport
Abstract
The modern business organization has undoubtedly been prompted by continual social, political and economic growth. Drastic changes in technology and global communications have created the need for managers to develop beyond simply understanding the business environment. Now, they must also invest their resources into researching the climate which they wish to create within their organization as they realize the effects which this climate can have on both: their internal and external customers, as well.
As a result, business has evolved from a meager place of work into the business environment. This is a place in which ethically responsible managers make conscientious decisions knowing that they will impact the potential economic, political, and social threats that face them. However, these decisions must first be studied. The derived data must come from practices that can be used reliably. And, the most effective means of gathering this knowledge is by conducting a systematic inquiry into these areas known as business research. Good business research generates dependable data as is described in this report.
The Aerospace Industry Economists use the Gross National Product (GNP) as a way to measure our nation 's income and the overall health of the economy. GDP is the market value of all final goods and services produced in the economy in a single year. One way to figure GDP is to add up the income received by American businesses and households. Another way is to look at expenditures made by the decision-makers in the economy: expenditures by households, business investment, and government expenditures. Another way is to look at the success (or failure) of leading industries, such as the airline market.
In the airline business, Over the past 30 years, world Gross Domestic Product has tripled.(Bisignani, 2005, p.82) In the same period, passenger traffic has increased seven-fold. With 6% annual growth, air transport
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