raytheon company, business and finance assignment help

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I have had two papers done, I need to combine the two and add more information based on the guidlines attached to wrap up a business over view of my company.

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Final Project Guidelines and Rubric Overview The final project for this course is the creation of an impact of governmental action on a business paper. Governments at all levels—federal, state, and municipal—exert a significant influence on business. The impacts of these influences may be negative, such as the imposition of costly regulations, or they may be positive, such as the provision of financial incentives for the creation of new jobs. Both negative and positive governmental actions present challenges for businesses: the impact of the action on the business’s “bottom line,” how public opinion will be influenced by the business’s response to a particular action, and the ethical issues associated with each response, for example. For this assessment, you will select a business that has faced, or is facing, governmental action and analyze the impact of this action on the business. In this company, your role is vice president of governmental affairs. Ideally, the business that you select will be the same one discussed in the business plan you created for MBA 560: Marketing and Strategy. If that company does not yet exist, you should choose one in the same area of focus that is facing a governmental action, regulatory issue, or political challenge, with instructor consultation and approval. This is important because the analysis you complete now should help inform your knowledge of potential situations or challenges facing your business product, service, or other idea from your business plan. Note: If you have not yet completed a business plan in the MBA 560: Marketing and Strategy course, you will select a company of your choice. The project is divided into three milestones, which will be submitted at various points throughout the course to scaffold learning and ensure quality final submissions. These milestones will be submitted in Modules Two, Four, and Six. The final project will be submitted in Module Nine. In this assignment, you will demonstrate your mastery of the following course outcomes:      Analyze potential political challenges for determining possible impacts on business environments and sustainable operations Evaluate the roles and functions of business project teams for addressing government incentives or potential business-negative government regulations Recommend communication approaches designed to be presented to the public for mitigating possible situations that would negatively affect company image Determine effective solutions for addressing multi-faceted business challenges in macroeconomic and global environments Recommend external resources and approaches in effectively advocating for businesses by evaluating the roles and functions of lobbyists and public affairs specialists in the political process Prompt Your macroeconomic evaluation should answer the following prompt: Select a business that has faced, or is facing, governmental action, and analyze the impact of this action on the business. Ideally, the business that you select will be the same one discussed in the business plan you created for MBA 560: Marketing and Strategy. If that company does not yet exist, you should choose one in the same area of focus that is facing a governmental action, regulatory issue, or political challenge, with instructor consultation and approval. This is important because the analysis you complete now should help inform your knowledge of potential situations or challenges facing your business product, service, or other idea from your business plan. While your area of focus may be different from the possible topics and situations listed here, these should still give you an idea of the type of situation for which to look. Topic examples:      The decision of LG Corporation to construct a new corporate headquarters on the Hudson River in New Jersey, in the face of environmental concerns The decision of Tesla Motors, Inc. to choose among competing incentive packages from local governments for the construction of the company’s new Gigafactory The threat of Amazon.com to move its drone research development activities out of the United States unless the Federal Aviation Administration adopts a more favorable regulatory stance The federal Occupational Safety and Health Administration’s decision to issue numerous citations to Ashley Furniture McDonald’s Corporation and the decision by Seattle, Washington to increase the minimum wage in that city Specifically, the following critical elements must be addressed: I. Overview: In your role as vice president of governmental affairs, your boss, the business’s CEO, is considering retaining an outside consulting firm to assist the company with a government issue that it is facing. Jack Harris is the president of that firm, which is called Crisis Consulting. Jack has told your boss that he will not know if he can help until he learns more information about your company and the issue it faces. Your CEO has asked you to prepare a memo that will provide a detailed overview of your company as well as the government action that is it facing. Address the following: A. Business Profile: Provide a brief profile of the business and the industry it occupies, including the business’s market share and competitors, as well as opportunities and threats facing the business and industry outside of the particular governmental action now facing the business. B. Governmental Action: Analyze the potential governmental action or political challenge that will affect the business in this particular situation. C. Organization and Teams: Describe the organization of the company, including divisions and project teams, and the manner in which the company has used these teams to respond to government regulations in the past. D. Stakeholders: Describe the company’s internal and external stakeholders. In your description, include the actions taken by the stakeholders to date to influence the political process and advocate for the business’s interests. E. Current Environment: Describe the current business environment, both financial and otherwise, including the initial reaction of the company to the situation and the initial position taken by political actors and other stakeholders. II. Analysis: After submitting your overview, your boss is having second thoughts about bringing Jack Harris and his firm, Crisis Consulting, on board. Before he makes his final decision he has asked you to provide him with a thorough analysis of the situation faced by your business. He asks you to prepare a memorandum to him (the CEO) analyzing the situation that your business faces as well as the resources that are available to it. Address the following: A. Business Environment: Based on your analysis of the governmental action or political challenge, what will be the impact of the governmental action or political challenge on the business’s financial situation and operations? Does the action represent an opportunity or a threat? B. Sustainability: Based on your analysis of the governmental action or political challenge, how will the governmental action or political challenge impact the sustainability of the business? C. Internal Resources: Evaluate the internal resources of the company, including the business project teams that are available to respond to the opportunity or threat. In other words, is the business adequately organized to address the opportunity or threat? D. Communication: How has information about the situation been communicated to various stakeholders? For example, have any public hearings been held? Have the radio, newspapers, and/or social media been used? E. Company Image: Assess how the situation has affected the company’s public image. Has the impact been primarily positive or negative? If the impact has been primarily negative, what are the positive aspects in addition to the negative aspects? If the impact has been primarily positive, what are the negative aspects in addition to the positive aspects? F. Response: What are the potential courses of action to respond to the situation in the current macroeconomic and business environment? In other words, what is the range of options for the business in this situation? G. Impact: How will these courses of action impact the business? Make sure to consider both short- and long-term impacts, including operational, financial, and ethical implications. H. External Resources: Evaluate the roles and functions of third parties or external resources in the situation. Consider questions such as these in your response: How will lobbyists be involved in the situation? Will there be public affairs professionals who will argue on behalf of the government or the business? III. Recommendations: After submitting your analysis memorandum, your CEO has decided that your business needs the additional resources that Jack Harris and his firm Crisis Consulting can provide. Time is of the essence, and so Jack has called a meeting of the team that will work on this project next week. While Jack is familiar with your business, due to your overview, the rest of his team is not. Your CEO has asked you to provide a memorandum to Jack that he can distribute to his team that will be assisting your business. Do not assume that the team knows anything about your business or the government action it faces. In addition, the CEO has asked you to include your recommendations for addressing the situation the business is facing. A. Business Project Teams: Based on your evaluation of the internal resources that are available to the company, how can business project teams be efficiently engaged to obtain the most favorable results for the company? B. Communication: Based on your assessment of the business’s public image, recommend communication approaches or strategies designed to mitigate the impact of negative information about the business. C. Solution: Based on the courses of action and their impacts that you previously described, determine an effective solution for the business in the situation it is facing. How does the solution address the governmental action(s) or political challenge(s) faced by the business? D. Political Influence: Based on your evaluation of external resources, how should the company utilize outside resources and approaches to advocate for the business and influence the political process? Milestones Milestone One: Topic Selection In Module Two, you will submit a topic selection short paper. Key to your success is providing the background to thoroughly address each of the critical elements. The business topic will be the same one that you created in your MBA 560: Marketing and Strategy course. If the idea has not yet faced some significant government impact, you will need to identify one or more government impacts that the business idea would be likely to face. See examples in the prompt. Note: If you have not yet completed a business plan in the Marketing and Strategy course, you should choose an existing business as the subject. Your short paper should identify and briefly describe the business that you propose to study and describe the government impact that it has faced or would be likely to confront. Make your case for why the business and government impact you select are appropriate subjects for the final project. If your instructor believes that your choice will not provide sufficient material for you to achieve success with the final project, you may have to select a different business and/or government impact. The topic selection short paper should be 2–3 double-spaced pages. This milestone is graded with the Milestone One Rubric. Milestone Two: Overview In Module Four, you will submit the Overview section of your final project, which continues building on what you started in Milestone One to complete Section I of the final project critical elements. You will provide the business profile and governmental action, revised according to feedback received on Milestone One, then add organization and teams, stakeholders, and current environment. Be sure to support all factual claims/positions with appropriate citations to your research materials. This overview should be 8-10 double-spaced pages. This milestone is graded with the Milestone Two Rubric. Milestone Three: Analysis In Module Six, you will submit the Analysis section of your final project, which is Section II of the final project critical elements. Your analysis should include answers to all the questions in the Analysis section on business environment, sustainability, internal resources, communication, company image, response, impact, and external resources. The analysis should be 8-10 double-spaced pages. This milestone is graded with the Milestone Three Rubric. Final Submission: Impact of Governmental Action on a Business Paper In Module Nine, you will submit your comprehensive final project. It should be a complete, polished artifact containing all of the critical elements of the final product. It should reflect the incorporation of feedback gained throughout the course. Make sure to include the overview, analysis, and recommendations sections in your final submission. The recommendation questions are listed in Section III of the final project critical elements and include the business project teams, communications, solution, and political influence. Make sure to support all factual claims/positions with appropriate citations to your research materials. Your final paper should be 15-20 double-spaced, pages. This milestone will be graded using the Final Project Rubric (below). Deliverables Milestone Deliverable Module Due Grading One Topic Selection Two Graded separately; Milestone One Rubric Two Overview Four Graded separately; Milestone Two Rubric Three Analysis Six Graded separately; Milestone Three Rubric Nine Graded separately; Final Project Rubric (below) Final Submission: Impact of Governmental Action on a Business Paper Final Project Rubric Guidelines for Submission: Your macroeconomic evaluation should adhere to the following formatting not including title and reference pages), double-spaced, using 12-point Times New Roman font, and one-inch margins. You should use current APA style guidelines for your citations and reference list. Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions. Critical Elements Exemplary (100%) Overview: Business Meets “Proficient” criteria and Profile response expertly balances necessary detail with brevity Overview: Governmental Action Overview: Organization and Teams Overview: Stakeholders Meets “Proficient” criteria and analysis demonstrates keen insight into governmental actions, regulatory issues, or political challenges that can impact businesses Meets “Proficient” criteria and description demonstrates nuanced understanding of use of business project teams for addressing government incentives and regulations Meets “Proficient” criteria and description demonstrates nuanced understanding of role of stakeholders in the process of advocating for businesses and their interests Proficient (90%) Briefly profiles selected business and industry it occupies, including market share, competitors, opportunities, and threats Needs Improvement (70%) Profiles selected business and industry it occupies, including market share, competitors, opportunities, and threats, but response is wordy or vague Analyzes potential governmental action or political challenge that will affect business, but with gaps in accuracy or detail Not Evident (0%) Does not profile selected business and industry it occupies Value 4 Does not analyze potential governmental action or political challenge that will affect business 4.65 Describes the organization of the company, including divisions and project teams, and the manner in which the company has used teams to respond to past government regulations, but description is cursory or inaccurate Comprehensively describes Describes company’s internal and company’s internal and external external stakeholders, including stakeholders, including actions actions taken by stakeholders to taken by stakeholders to influence influence political process and political process and advocate for advocate for business interests, business interests but description is cursory or inaccurate Does not describe the organization of the company and the manner in which the company has used teams to respond to past government regulations 6.2 Does not describe company’s internal and external stakeholders 6.2 Accurately analyzes potential governmental action or political challenge that will affect business Comprehensively describes the organization of the company, including divisions and project teams, and the manner in which the company has used teams to respond to past government regulations Overview: Current Environment Meets “Proficient” criteria and description demonstrates nuanced understanding of current business environment Comprehensively describes current business environment, including financial status, initial reaction of company to situation, and initial position taken by stakeholders Describes current business environment, including financial status, initial reaction of company to situation, and initial position taken by stakeholders, but description is cursory or inaccurate Analysis: Business Meets “Proficient” criteria and Accurately determines impact of Determines impact of Environment response demonstrates keen governmental action or political governmental action or political insight into relationship between challenge on business finances challenge on business finances governmental action and business and operations, based on analysis and operations, but response environment of action or challenge lacks detail or accuracy or is not based on analysis Analysis: Meets “Proficient” criteria and Accurately determines impact of Determines impact of Sustainability response demonstrates keen governmental action or political governmental action or political insight into relationship between challenge on sustainability of challenge on sustainability of governmental action and business business, but response lacks detail sustainable operations or accuracy or is not based on analysis Analysis: Internal Meets “Proficient” criteria and Comprehensively evaluates Evaluates internal resources of Resources evaluation demonstrates nuanced internal resources of company, company, including business understanding of roles and including business project teams project teams available to respond functions of business project available to respond to to opportunity or threat, but teams opportunity or threat evaluation is cursory or inaccurate Analysis: Meets “Proficient” criteria and Accurately assesses how Assesses how information about Communication response demonstrates keen information about situation has situation has been communicated insight into communication been communicated to to stakeholders, but with gaps in approaches stakeholders accuracy or detail Analysis: Company Meets “Proficient” criteria and Accurately assesses how situation Assesses how situation has Image response demonstrates keen has affected company’s public affected company’s public image, insight into relationship between image but with gaps in accuracy or detail situation and company image Analysis: Response Meets “Proficient” criteria and Determines appropriate potential Determines potential courses of response demonstrates nuanced courses of action for responding action for responding to situation understanding of relationship to situation in current in current macroeconomic and between situation and potential macroeconomic and business business environment, but not all solutions environment courses of action are appropriate or response has gaps in accuracy or detail Does not describe current business environment 4.65 Does not determine impact of governmental action or political challenge on business finances and operations 4.65 Does not determine impact of governmental action or political challenge on sustainability of business 4.65 Does not evaluate internal resources of company 6.2 Does not assess how information about situation has been communicated to stakeholders 6.2 Does not assess how situation has affected company’s public image 6.2 Does not determine potential courses of action for responding to situation in current macroeconomic and business environment 6.2 Analysis: Impact Meets “Proficient” criteria and response demonstrates nuanced understanding of relationship between business environment and potential solutions Analysis: External Meets “Proficient” criteria and Resources evaluation demonstrates nuanced understanding of roles and functions of external resources in process of advocating for businesses and their interests Recommendations: Meets “Proficient” criteria and Business Project response demonstrates nuanced Teams understanding of use of business project teams for addressing government incentives and regulations Recommendations: Meets “Proficient” criteria and Communication response demonstrates keen insight into use of communication approaches to mitigate situations that could negatively impact company image Recommendations: Meets “Proficient” criteria and Solution response demonstrates keen insight into determining effective solution for addressing business challenges Recommendations: Meets “Proficient” criteria and Political Influence recommendations demonstrate nuanced understanding of use of external resources and approaches in process of advocating for businesses and their interests Accurately determines impact of courses of action on business, considering short- and long-term operational, financial, and ethical impacts Comprehensively evaluates roles and functions of third parties or external resources in situation Determines impact of courses of action on business, considering short- and long-term operational, financial, and ethical impacts, but with gaps in accuracy or detail Evaluates roles and functions of third parties or external resources in situation, but evaluation is cursory or inaccurate Does not determine impact of courses of action on business 6.2 Does not evaluate roles and functions of third parties or external resources in situation 6.2 Clearly explains how business project teams can be efficiently engaged to obtain most favorable results for company, based on evaluation of available internal resources Recommends appropriate communication approaches or strategies designed to mitigate impact of negative information about business, based on assessment of business’s public image Determines effective solution for business in current situation, based on previously described courses of action and impacts Explains how business project teams can be efficiently engaged to obtain most favorable results for company, but response is not based on evaluation or lacks clarity or detail Recommends communication approaches or strategies, but approaches are not appropriate for mitigating impact of negative information about business or are not based on assessment of business’s public image Determines solution for business in current situation, but solution is not effective or is not based on courses of action and impact Does not explain how business project teams can be efficiently engaged to obtain most favorable results for company 6.2 Does not recommend communication approaches or strategies 6.2 Does not determine solution for business in current situation 6.2 Recommends appropriate utilization of outside resources and approaches to advocate for business and influence political process, based on evaluation of external resources Recommends utilization of outside resources and approaches to advocate for business and influence political process, but recommendations have gaps in appropriateness or are not based on evaluation of sources Does not recommend utilization of outside resources and approaches to advocate for business and influence political process 6.2 Articulation of Response Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy-to-read format Submission has no major errors related to citations, grammar, spelling, syntax, or organization Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas Total 3 100% MILESTONE 2: Raytheon Company 1 MILESTONE 2: Raytheon Company 2 RAYTHEON COMPANY MEMO To: Jack Harris, President of Crisis Consulting From: Vice President, Raytheon Company CC: Date: 26th April 2017 Re: Raytheon Company Information and Issues This memo is concerned at availing Raytheon Company information, which is from its history, headquarters, employees’ base and its segments of operation as well the organizational structure. Further areas to be handled include its business environment and will further focus on a specific government action that impact the company. Raytheon Company Profile Raytheon Company is known as a technological organization and as leader in innovation specialized in defense, cybersecurity solutions as well as in civil government. The company was founded way back in the year 1922 and its central headquarters is currently located in Waltham, Massachusetts (Hafeli, Holzman, Stein, & Vargas, 2015). The total number of employees housed in Raytheon company globally is 63, 000 people, who propelled the 2016 sales value of 24 billion dollars. Generally there exists maintained offices in nineteen countries but established companies are found only in four countries; Germany, Australia, United Kingdom and United States. The company has functionality in providing the following services to its various renowned global customers; MILESTONE 2: Raytheon Company 3 • Mission systems integration. • State-of-the-art electronics. • Sensing and image services. • Capability in command, communications, control, cyber, computing and intelligence; commonly referred to as the C5I. • Mission support services. • Checks grown effects for clients. • Missile defense. • Precision weapons. • Electronic warfare. • Training and other services. The company is further known for development of highly technological and integrated products, solutions in addition to services. Raytheon does not stop at this, we operate in five distinct segments, which helps in defining various roles this company has; Integrated Defense Systems, Missile System, Space and Airborne Systems, and Force point. It is these segments that define each of the above mentioned functionality issues. As a commitment to serve our global customers, the company protects the Arctic, which enables ships to securely navigate along the southernmost section of globe. The radar and satellites developed in the company roam all over the sky and the sea to detect and guard against ballistic missiles and several other threats that might creep unseen, which is what has protected the most important shipping lines of U.S. The air traffic management systems that have been developed by the company has enabled safe movements of plants within the hemisphere and all over the world. Again in the United States it has been possible to efficiently train troops to be fit when called for future service. MILESTONE 2: Raytheon Company 4 Company History Raytheon since its establishment has taken part in great wars by standing with the US since World War Two. It met urgent production needs back in 1940 for magnetron tubes that were on demand by U.S and its allies for defense in radar and it also produced Sea Going microwave surface search that was specifically necessary for the U.S Navy ships. In 1960s, the company played a critical role in the Apollo 11 by developing a computer system that enabled millions of world viewers to watch the unfolding of events live from the moon (Dolphin, 2016). Raytheon through its associate company, Hughes, performed significantly in the 1970s Vietnam combat by again developing the most effective machines. In the Persian Gulf War of 1980s and 1990s, this company was again reached and developed an interceptive missile that combated the firings made from Israel and Saudi Arabia, which in history become the first ever missile to intercept ballistic missile in war. Government Action The major government policy that directly applies to Raytheon Company is the Arms Export Control Act that is being review by the congress every now and then depending with the regime of the day. The policy outlined in Arms Export Control Act is one that is bureaucratic in nature since it takes several process and time to be approved. A one month prior notice is called upon is when the congress sit and communicate to the senate house who in turn communicate to the President’s office. All these steps as per the act are necessary before the approval to sell to a particular country (Christopher, Blackman, Rosen, & Dempster, 2014). The government has to verify the various kinds of weapons and machineries being sold to various countries. This MILESTONE 2: Raytheon Company 5 condition has developed from the relationship the company has been having with the U.S. government considering the fact that most of its revenues are generated for defense contracts This policy and the Exportation act clearly are limiting factors to Raytheon Company, which is because every sale is watched and controlled by the government. This actually has the possibility of limiting revenue standards of the company since the market is large but not every potential customer is reached. This policy is basically constructed to protect the U.S. security being that she is the super power and must control the machinery base of potential threat nations. However, this personal strategy might limit the market and possibly the revenue since only some few selected states and nations will be reached. The issue of time taken to approve a transaction is also serious and in case of emergency, the client can lose interest and go an alternative service provider who will do the same thing at a faster pace. These are some of the threats that might or rather are being faced by Raytheon Company provided the Arms Export Control Act is strictly applied. Organization and Team This company is basically being propelled by the executive team who work in one accord with an aim always remaining the top most missiles and inventory base in the entire globe. This what every officer, the Chief Executive Officer inclusive. The board of the executive office has got a president or chairperson and sixteen vice presidents who are in charge of various sectors and departments of the company. This in fact has encouraged serious division of labor and the president of the company does not tackle every issue, he only oversee into issues that need attention. In case something is of weight he does not sit and make decisions alone, the president however calls for a board meeting with the all the sixteen vice presidents and discuss with everyone contributing and providing a way forward (Leary et al, 2014, March). The departments where the vice presidents serve include, contract and supply chain; controller and chief accounting; corporate affairs and MILESTONE 2: Raytheon Company 6 communication; space and airborne systems; global business services; engineering, technology and mission assurance; intelligence, information and services; evaluation team; human resources and global security; chief financier’s office; Missile system; integrated defense system; general counsel and corporate secretary; internal audit, Raytheon treasury; and finally business development. The government’s act on arms exportation really is a challenge but understanding how delicate the business is and how it can cost the home country, U.S., this company in the past sat down and formulated its own guiding policy. This has shown the paths to follow whenever dealing with clients and also when legal issues come up. Clients and other potential customers must understand the company’s terms and condition before the onset of any transaction of whatever kind. This has helped before since it has been possible to consult early enough before any agreements are made and the client profiles reasons for the purchase are ascertained. This has been important because it helps in preventing any global arm that could taint the image of Raytheon Company. This reduced the threats that could come to the government security and the company output level was never interfered with. Raytheon Stakeholders In every organization there normally exists two categories of stakeholders, external and internal, who are interested in the happening of that particular business. Raytheon Company as well has the same and considering its nature plus being a large enterprise, it attracts several stakeholders as outlined below. MILESTONE 2: Raytheon Company 7 Internal Stakeholders This includes of those individuals who are interested in the business in one way or the other and have made the step of operating from within the company. • Employees • owners • Board of vice presidents External Stakeholders This a list of those individual who are interested and influenced by the companies from the outside. • Consumers • Government • Suppliers • Investors • Creditors • Society. The internal stakeholders influence the political arena their output, which implies on how much is being produced at every given quarter or financial year when the federal budget is being read. Another important issue concerning the same is how the company management does the bids that are worth millions of dollars. One thing that is strategic is a close relationship with the government of the day to the extent that during the U.S. presidential elections, the company takes care of several political campaigns; a common example being the year 2004 when Raytheon Company was involved and spent millions of dollars (Mattera, Hilliard, Shapoval, & Aigbedo, 2016). All these MILESTONE 2: Raytheon Company 8 are with an intention of securing a good operational atmosphere that has less competition when bids are made for defense tenders. The external counterparts, however, are influensive depending on their levels of demand for products from the company, if the demand is high the government through its powerful houses would come in to put policies that restricts the same and reduce the outside hands into accessing such powerful products and services. Current Environment The company has good working environment with sound professional ethics and code of conducts that must be adhered to as the service to be various global is upheld. It does not just stop at that, but also incorporates good interrelationship between employees and top management, employees themselves and even the general company to its global customers (Weiss, 2016). Depending on the structure of the organization, some employees through their feedbacks do propose a new competitive organization structure to be announced in the next session considering the dynamic nature of the industry. Another arising issue is on the salary increase, though it is being almost on a yearly basis but some employees given the changes in the economic status feel the percentage is significant after viewing responsibilities and demand. 9 MILESTONE 2: Raytheon Company Reference Christopher, Blackman, Rosen, & Dempster, (2014). U.S. Patent No. 8,654,005. Washington, DC: U.S. Patent and Trademark Office. Dolphin, (2016). On the Incorporation of Metallicity Data into Measurements of Star Formation History from Resolved Stellar Populations. The Astrophysical Journal, 825(2), 153. Hafeli, Holzman, Stein, & Vargas, (2015). U.S. Patent No. 8,943,662. Washington, DC: U.S. Patent and Trademark Office. https://www.congress.gov/congressional-record/2016/09/21/senate-section/article/S5948-3 Leary, Stadter, Ostdiek, Binning, Schlacter, Durey, & Southwood, (2014, March). Collaborative engineering in competitive environments: The PTSS Integrated Systems Engineering Team. In Aerospace Conference, 2014 IEEE (pp. 1-8). IEEE. Mattera, Hilliard, Shapoval, & Aigbedo, (2016). On Sustainability Reporting: Do Stakeholders Matter? I-Manager’s Journal on Management, 9(4), 26. Weiss, (2016). Business Ethics: A Stakeholder & Issues Management Approach, 2014. Cyrus Chronicle Journal, 1(1), 66-69. MILESTONE THREE: Raytheon Company Situation Analysis 1 MILESTONE THREE: Raytheon Company 2 To: C.E.O Raytheon Company From: Vice President, Raytheon Company CC: Date: 7th May 2017 Re: Situation Analysis This memo is concerned at providing the analysis that Raytheon Company faces during its daily business operations. Additional areas to be observed consist of its business atmosphere and will further focus on a specific government deeds that affect the company. Area of Analysis Analysis will be carried out on the government action or political challenges impacts on the financial or operation situation of the company (Pierre, 2014). Due diligence on the business environment will be done to ensure that every facet is studied. Conclusion will be made whether the situation poses threat or provide opportunities. The investigation will also be conducted on the sustainability of the operations of the business after the assessment of the impacts of the government actions or the political challenges. The study will assess the internal resources of the business, including the project teams that are ready to act in response to the opportunity or threat caused by the government actions. Communication as a fundamental element between the government and the business operators must be studied to understand the channels of communications and the effects of the communications to business environment. An assessment of the state of affairs to the company’s public image will be carried out to verify whether they are affirmative or pessimistic. The MILESTONE THREE: Raytheon Company 3 examination needs to offer respond to the situation in the current microeconomic and business environment. The impact of the action taken by Raytheon Company will be assessed in their short and long-term effects considering their financial, operational and ethical implication. Role of third parties in solving the problem will be studied and conclusion made. Business Environment Here at Raytheon we directly participate in many new programs within the defense and government electronics, space, information technology and technical services and support markets. We compete worldwide with a number of U.S. and international companies in these markets, where some are more extensive and are more specialized in the areas of engineering, manufacturing and marketing capabilities than us. The continued merging of the U.S. and global defense, space and aerospace industries enables our competition to strengthen, for this reason must continue to work on our relationships within our DOD programs with our suppliers, some of whom are, our competitors on other programs. In addition, the U.S. defense spending levels in the near future are increasingly difficult to predict. Changes in U.S. defense expenditures May theoretically hamper certain future market opportunities (Raytheon,n.d.). According to the Arms Export control Act and International Traffic in Arms Regulations policies of the current government, the financial and operational situations of the business are negatively affected (Fleisher, & Bensoussan, 2015). The threat comes from the point that the government has barred arms purchase and transport to some African countries e.g. South Sudan and the Middle East countries e.g. Syria, Iraq and the North Korea in Europe. These reasons have forced the company to reduce its operations hence reduced financial return. This analysis points MILESTONE THREE: Raytheon Company 4 to the bad times ahead therefore Raytheon Company has to develop counter strategies to reduce or totally eliminate the effects of these policies. Sustainability The government policies on the purchase and control of arms have reduced the market share of Raytheon Company to where the business is no longer sustainable. The reduction of the market share means that the number of sales is reduced hence less financial returns. The current business operation of the company is not sustainable therefore the business cannot remain afloat (Tan, 2014). Though the threat is real and very harmful to the company’s operations, the firm is putting measures to ensure the continuity of the company’s daily business operations. The company may consider lobbying for the lifting of the ban or get into new markets like the Far East of Europe continent and the eastern parts of the African continent. These considerations will be beneficial to the company to the point that it will no longer rely on some few markets but have a wide field to play within. As such the current situation would not have had major impact on its operations. The end point is that companies are primarily in business to do sales and make profit. Internal Resources Raytheon Company has competent personnel to steer the company through this tough time. The employees are skilled in missile defense, precision weapons, electronic warfare, military training, mission support etc. Putting in consideration the policies the government is implementing, the company has embarked on elaborate lobbying within the Department of Defense (Rothaermel, 2015). A plan to review the arms transport ban to the Middle East is currently understudy and detailed analysis has been done to ascertain the impacts of the ban to the people of the United MILESTONE THREE: Raytheon Company 5 States and those from Middle East. The review is at the final stage and indications are that the ban will be lifted. Communication The board of vice presidents met with the directors of the department of defense before the publication of the item in the Department of Defense website. The discussion on banning was done with a lot of consideration and finally a conclusion was made (Goetsch, & Davis, 2014). The pronouncement was also done in the local radio stations and written in local dailies. Complete information was provided with reasons why the trade was halted. Communication is an important tool in trade hence informing stakeholders through the right channel was the best thing done by the Defense Department. Company Image The banning of the arms export to the Middle East and South Sudan countries has negatively impacted Raytheon and the effects almost brought the company’s operations to a standstill. The image of the company is tainted and the new markets which it considers to enter are seemingly not very receptive. Though the situation negatively portrayed the image of the company, on the other hand, the company conducted itself with transparency and a lot of sincerity making some clients to believe in its work ethics (Johnson, & Zinkhan, 2015). Right now Raytheon has embarked in image rebuilding by first apologizing to the affected clients and then devote time and resources to encouraging affected clients to give the company another chance and continue trading with it. MILESTONE THREE: Raytheon Company 6 Response The company should politely excuse the weak employees and retain the right people with the right skills. This is done through reviewing individual’s accountability and teamwork performance. The situation in the current microeconomic and business environment calls company’s action to reduce finances used in wages by doing away with employees who do not perform to the standards of the company. The company must also reduce arms production to avoid wastage therefore reducing the production and the overhead cost. The company must consider raising capital to support turnaround. It needs to protect the resources and asset value in order to remain in business. Raytheon needs to come up with customer retention plan to stop loosing clients to its competitors e.g. the advisory board should sit with the top clients and seek their counsel on the way forward. This strategy will make the clients feel valued hence continue trading with the company. The company should also venture into the new markets and increase its global market share. This will help in increasing sales volume hence increased profits. Impact Reducing the number of employees as a short-term measure will ensure that the company remains with few but competent people. When the operations resume normally, the company will consider adding other competent people on board to ensure sufficient business operations. The reduction of unit numbers of arms produced is also a short-term measure to curb wastage of raw materials. Immediately the ban is lifted, the company will resume to its normal quantity of production. MILESTONE THREE: Raytheon Company 7 Long-terms measures include but not limited to customer retention plans and new market exploration. Customers are the primary reason why we are in business therefore it is upon us to make them satisfied at all time. Involving top customers in the decision making on the way forward will prove to be a major turnaround decision hence more stability to the company. Entry into new market to enhance our presence and increase our sales volume as a long-term strategy will make the company to attract new clients thereby increasing its market share. The decision made by the board will ensure that the company avoids financial wastage while keeping business operations going. Ethically, the company has scored very well by being honest to the clients. External Resources Currently the board of vice presidents is engaging the Department of Defense in the discussion on the matter. A number of considerations are on table and the government is willing to lift the ban. Assessment of the impact of the ban is being studied and recommendation shall be made soon. It must be understood that it is for the safety of the American people and the world at large upon which the government actions are taken, therefore Raytheon Company must act in accordance with the laws and the government directions (Rothaermel, 2015). The US weapons dealers association has also come on board to give their support and try lobby for the lifting of the ban. With their help, the discussion has been fruitful. They bring lots of expertise in weapons trades and foreign relations that set the agenda straight at the discussion table. Conclusion The study has revealed that according to the Arms Export control Act and International Traffic in Arms Regulations policies of the current government, the financial and operational situations of the business are negatively affected and that the business is almost to the point of not MILESTONE THREE: Raytheon Company 8 sustainable. Internal resources are ready to be deployed to salvage the situation and the image of the company which is currently tainted. The study also points to the fact that there has been clear and elaborate communication between the Department of Defense and the affected parties. Strategies have been lined up to respond to the situation and their impact stated. External resources have also proved beneficial to the course of action. Though the situation is bad, a lot of energy has been put at work to reach a more comprehensive conclusion in solving the problem. MILESTONE THREE: Raytheon Company 9 References Fleisher, & Bensoussan, (2015). Business and competitive analysis: effective application of new and classic methods. FT Press. Goetsch, & Davis, (2014). Quality management for organizational excellence. Upper Saddle River, NJ: Pearson. Johnson, & Zinkhan, (2015). Defining and measuring company image. In Proceedings of the 1990 Academy of Marketing Science (AMS) Annual Conference (pp. 346-350). Springer International Publishing. Pierre, (2014). The global politics of arms sales. Princeton University Press. Raytheon CO’s (n.d.). Retrieved May 11, 2017 from http://csimarket.com/stocks/compet_glance.php?code=RTN Rothaermel, (2015). Strategic management. New York, NY: McGraw-Hill. Tan, (2014). 1 The global arms trade. The Global Arms Trade: A Handbook, 18, 1.
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Running head: RAYTHEON COMPANY

Raytheon Company
Name
Institution
Date

RAYTHEON COMPANY
Overview
Raytheon Company Profile
Raytheon Company is a technological organization and a leader in innovation specialized
in defense, cyber security solutions as well as in civil government. The company was founded way
back in the year 1922 and its central headquarters is currently located in Waltham, Massachusetts
(Hafeli, Holzman, Stein, & Vargas, 2015). The total number of employees housed in Raytheon
company globally is 63, 000 people, who propelled the 2016 sales value of 24 billion dollars.
Generally there exists maintained offices in nineteen countries but established companies are
found only in four countries; Germany, Australia, United Kingdom and United States. The
company is under manufacturing industry since it majorly produces firm arms. Raytheon Company
has a current market share of approximately 4.1% compared to its main competitors. The main
competitors of Raytheon Company include; Arotech Corporation, Boeing Co, Ducommun Inc, Flir
Systems Inc, Honey well International Inc and Rockwell Collins Inc.
The opportunity of Raytheon Company is that it has a new market with the developments
in the scientific field since it is a predominant dealer in aerospace technologies. In addition, since
the company is among the largest military suppliers internationally, mergers, takeovers and
intergration with its competitors can benefit Raytheon Company in many ways such as economies
of scale and the monopolistic position within the market.
On the other hand, Raytheon Company face several threats. The greatest threat is
competition in the market. Currently, the company is the fourth largest in the market thus a slight
competition may put the company under pressure and threat. Another threat is that a recession in

RAYTHEON COMPANY
the economy and fluctuation of the fiscal policies can decrease the demand of the company’s
appliances thus leading to a decrease in the profit margin.

Governmental Action
The major government policy that directly applies to Raytheon Company is the Arms
Export Control Act that is being review by the congress every now and then depending with the
regime of the day. The policy outlined in Arms Export Control Act is one that is bureaucratic in
nature since it takes several process and time to be approved. A one month prior notice is called
upon when the congress sits and communicates to the senate house who in turn communicates to
the President’s office. All these steps as per the act are necessary before the approval to sell to a
particular country (Christopher et al., 2014). The government has to verify the various kinds of
weapons and machineries being sold to various countries. This condition has developed from the
relationship the company has been having with the U.S. government considering the fact that most
of its revenues are generated for defense contracts
This policy and the Exportation act clearly are limiting factors to Raytheon Company, this
is because every sale is watched and controlled by the government. This actually has the possibility
of limiting revenue standards of the company since the market is large but not every potential
customer is reached. This policy is basically constructed to protect the U.S. security being that she
is the super power and must control the machinery base of potential threat nations. However, this
personal strategy might limit the market and possibly the revenue since only some few selected
states and nations will be reached. The issue of time taken to approve a transaction is also serious
and in case of emergency, the client can lose interest and go an alternative service provider who

RAYTHEON COMPANY
will do the same thing at a faster pace. These are some of the threats that might or rather are being
faced by Raytheon Company provided the Arms Export Control Act is strictly applied.

Organization and Teams
This company is basically being propelled by the executive team who work in one accord
with an aim always remaining the top most missiles and inventory base in the entire globe. This is
what every officer; the Chief Executive Officer inclusive has to focus on. The board of the
executive office has got a president or chairperson and sixteen vice presidents who are in charge
of various sectors and departments of the company. This in fact has encouraged serious division
of labor and the president of the company does not tackle every issue, he only oversees into issues
that need attention. In case something is of weight he does not sit and make decisions alone, the
president however calls for a board meeting with the all the sixteen vice presidents and discuss
with everyone contributing and providing a way forward (Leary et al, 2014). The departments
where the vice presidents serve include, contract and supply chain; controller and chief accounting;
corporate affairs and communication; space and airborne systems; global business services;
engineering, technology and mission assurance; intelligence, information and services; evaluation
team; human resources and global security; chief financier’s office; Missile system; integrated
defense system; general counsel and corporate secretary; internal audit, Raytheon treasury; and
finally business development.
The government’s act on arms exportation really is a challenge but understanding how
delicate the business is and how it can cost the home country, U.S., this company in the past sat
down and formulated its own guiding policy. This has shown the paths to follow whenever dealing

RAYTHEON COMPANY
with clients and also when legal issues come up. Clients and other potential customers must
understand the company’s terms and condition before the onset of any transaction of whatever
kind. This has helped before since it has been possible to consult early enough before any
agreements are made and the client profiles reasons for the purchase a...


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