Based on the descriptions and analyses in this chapter, would Boeing be better described as a global firm or a transnational firm? Discuss.
To determine: Whether Boeing could be labeled as a global or a transnational firm.
Introduction:
Global firm:
A global firm will look at the market as one global market. It will have centralized headquarters which will coordinate overall operations.
Transnational firm:
A transnational firm will have a global market but with customization for individual regional markets. The strategy will be customized for individual locations.
Answer to Problem 1DQ
Boeing would be better labeled as a global firm.
Explanation of Solution
Reasons for describing Boeing as a global firm:
The center of operations of Boeing is located in its home country, the United States. All decisions and responsibilities will be derived from the headquarters. Boeing has a vast global supply chain where the components for the aircraft are being developed in different countries, which are finally brought and assembled together at its headquarters in the United States.
Boeing has suppliers in over a dozen countries, making it global in nature. The global range and its worldwide supply chain allow it to be labeled as a global firm.
Want to see more full solutions like this?
Chapter 2 Solutions
Operations Management
Additional Business Textbook Solutions
Foundations Of Finance
Contemporary Engineering Economics (6th Edition)
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Principles of Accounting Volume 2
Principles of Accounting Volume 1
Horngren's Financial & Managerial Accounting, The Financial Chapters (6th Edition)
- What are the merits of outsourcing the performance of certain value chain activities as opposed to performing them in-house? Under what circumstances does outsourcing make good strategic sense?arrow_forwardWhat are the implications of an EdFex outsourcing arrangement for the capabilities underlying Heartsong’s competitive advantage?arrow_forwardCritical Thinking Outsourcing and offshoring are practices often surrounded by controversy. What are thebenefits of outsourcing to, businesses? For consumers? What are the disadvantages of outsourcing forbusinesses? For consume,s? Should outsourcing be,egulated to ptoteet U.S. interests both at home andabroad? Why or why not?arrow_forward
- Answer these questions.Conduct Porter five forces analysis.Conduct a PESTEL analysis.Conduct a SWOT analysis. ECCO has a fully integrated vertical value chain. What are the pros and cons of this strategy? Based on your analysis should ECCO stick with in-house subsidiaries or outsource to 3rd party suppliers?arrow_forwardConduct a value-chain analysis by identifying key practices in primary and support activities (i.e. practices that are different from those in its rivals OR that create customer value) of Tesla company.arrow_forwardStrategic management Survey literature from 2020 onwards for comprehensive restructuring strategy that Sibanye should implement to maintain its global standing following the acquisition of Lonmin considering the McKinsey framework.arrow_forward
- What global operations strategy is most descriptive of McDonald’s?arrow_forwardPosition 1: Outsourcing VS Position 2: Insourcing This is a juxtaposition discussion question. Choose aside. If you choose the green side, find material to support your response…but you also have to find a way to resolve the counter-side on RED. If you choose the red side, find sources to help support your position…but you also have to resolve the counter-side on GREEN. Many companies around the world, including those in the US, have outsourced goods and services to India and China. However, some of these businesses have reversed course and are now insourcing these goods and services. Do you agree that this course reversal may be justified? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.arrow_forwardFor Tiktok, identify the relationships that will need to be established with key suppliers of capital, customers or those who control essential resources and capabilities (e.g. Spotify’s relationship with providers of music).arrow_forward
- You have been hired by DUNA CORPORATION, a Ghanaian organisation that renders a wide range of services including financial, transportation, hospitality and healthcare services to lead its local and international expansion efforts. Considering that DUNA CORPORATION already has services uniquely designed for its local market, it has become imperative that it makes new additions to its current service offerings, as well as promote this new and existing range of services in at least three new countries. Drawing on your knowledge of strategy and using relevant illustrations, critically analyse four (4) strategies and the key marketing mix decisions you have to make in achieving DUNA CORPORATION’S expansion objectives.arrow_forwardc) If Overnight Shipping's ratings for each of the factors increase by 10%, what are the new results? If Overnight Shipping's ratings for each of the factors increase by 10%, the best outsource provider is ▼ Worldwide DeliveryWorldwide Delivery United FreightUnited Freight Overnight ShippingOvernight Shipping , with a weighted average score of enter your response here (enter your response rounded to one decimal place).arrow_forwardInterpret the “Diversification Strategy” which is grouped under the “Secondary Level Strategies” of an organisation and determine an example for each type of strategies.arrow_forward
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.