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MGMT 3610 Lecture Notes - Lecture 15: Seating Capacity

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oneclass2020
4 Jan 2021
School
Cal State East Bay, CSU East Bay, CSUEB
Department
Management
Course
MGMT 3610
Professor
joshua

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Document Summary

Political factors affecting business strategy of a firm. Winner or loser of aid to boeing and airbus. As per the comprehension, it is clear that both the companies have received huge sums in billions of dollars from the american government and the european nations. This has been because of the need to develop faster means of communication and race to reach the space for exploration and colonizing space for humans. Most of the subsidies have resulted in positive development like the invention of jet planes which made safe and quicker air travel across the globe. But they were needed in larger numbers to cater to the increasing demand of the public. The private jet manufacturing companies like boeing and airbus were not in a position of putting such huge money to expedite the production of jets. Hence the government announced various subsidies to keep these monumental jets on the track of production (g ssling, fichert & forsyth, 2017).

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