Boeing Business Model Strategy Report

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Discuss Boeing's business model? What is Boeing's vision and mission? What objective evidence is there that Boeing's vision, mission, and objectives is helping it gain a sustainable competitive advantage.

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1. Prepare an individual report demonstrating that you a) understand the key ideas presented in the assigned and recommended readings and b) can analyze critically the extent to which they are applicable in your current workplace. Your report should be 800-1000 words and must cite supporting evidence from the readings (or the Week 1 discussion). Your report should be double-spaced and use APA format. The title page, reference list, and any appendices are not included in this suggested word count. You do not need to include an abstract. 2. The questions your report must address are: What business model does your company use (Boeing)? What is your organization’s vision and mission? What objective evidence is there that your organization's vision, mission, and objectives is helping it gain a sustainable competitive advantage. Only briefly touch on what objective evidence, using the Three Tests of a Winning Strategy, is there that your organization’s vision, mission, and objectives support its strategy? (We will address the three tests in more detail later) Be sure to introduce your argument, explain your understanding of key terms, present your reasoning, and include independently verifiable supporting evidence. Readings https://saylordotorg.github.io/text_mastering-strategic-management/s06-01-vision-mission-andgoals.html Understanding the strategic management process. (2012). In Mastering strategic management. Washington, DC: Saylor Academy. Retrieved from https://saylordotorg.github.io/text_mastering-strategic-management/s05-04-understanding-thestrategic-ma.html Watkins, M. D. (2007, September 7). Demystifying strategy: the what, who, how, and why. Harvard Business Review. Retrieved from https://hbr.org/2007/09/demystifying-strategy-the-what/ Barnat, R. (n.d.). Strategic goals and objectives. In Strategic management: formulation and implementation. Retrieved from http://www.strategy-formulation.24xls.com/en210 Defining strategic management and strategy. (2012). In Mastering strategic management. Washington, DC: Saylor Academy. Retrieved from https://saylordotorg.github.io/text_mastering-strategicmanagement/s05-01-defining-strategic-management-.html Barnat, R. (n.d.). Tests of a winning strategy. In Strategic management: formulation and implementation. Retrieved from http://www.strategy-formulation.24xls.com/en317 The Three Tests of a Winning Strategy The Performance Test The Competitive Advantage Test Is the strategy resulting in better strategic performance? The Goodness of Fit Test How well does the strategy fit the firm's situation? Is the strategy producing better financial performance? To qualify as a winning strategy, a strategy has to pass all three tests
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Running head: BOEING BUSINESS MODEL

Boeing Business Model
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Institutional Affiliation
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BOEING BUSINESS MODEL
Boeing Business Model
Introduction
Boeing Company is one of the world's largest American multinational corporations that
deal in the manufacturing of commercial and military aircraft. The company has been
experiencing years of success since it was established in the year 1916. Currently, Boeing
Company has 170,000 most diverse, talented, innovative workforce having the necessary skills,

substantial experience, and high education in the aerospace industry. It also has 22,000 suppliers
and is operating in more than 70 countries. To effectively compete with its competitors, Boeing
has employed and implemented the virtuous cycle strategy. At the core of Boeing success is the
implementation of a robust business model (McGrath et al., 1996). The term business model
refers to the process that describes and defines the product or service an organization is selling,
the cost, and the target market. It can also refer to an organization's core strategy of generating
profits.
Case Illustration
The Boeing Company is applying the concept of business model to help increase revenue
and reduce the price while giving more for their clients. The company uses the virtuous cycle
and customer segment and, business model. The business model of Boeing Co. continues to
show effectiveness due to better sales and more profits that promote customer's loyalty
(Casadesus-Masanell & Ricart, 2011). The aim objective of Boeing Company is to improve
profitability, quality, and the performance of each item or service. In order to achieve its goals
and objectives, the company has ...


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