MGT 330-Boeing Company-Planning function of management

MGT 330-Boeing Company-Planning function of management -...

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Boeing Company – Planning function of management Social responsibility entails an individual or a group’s actions benefiting the society more than oneself or more than the group. Research and development is a social responsibility of every airline company. Boeing benefits from the systematic use of industrial research so as to increase costumers' choices each year as well as to be able to provide a safe and effective service for their costumers. The purpose of research and development, more than being able to raise profits, is to ensure an effective and safe service for the benefit of the customers. These factors became easily recognized ingredients in explaining Boeing’s success as one of the world’s top airline company. Business owners and managers as private citizens may assume responsibility for other problems in society, such as the CEO of Boeing providing leadership for a national drive to raise money for medical research to cure childhood leukemia. The distinction between the public responsibility of businesses and the responsibility of the individuals who own and work in businesses is an important one (Besser, 2002). However, the social responsibility of a member of an organization could reflect on the entire organization itself, even if it was done outside the company’s intent. Successful operations and resolution of company- and industry-specific problems depends on forging good relations with the government with which the airline is operating under, using joint ventures and large sized investments and on long-term presence in the country. This is one legal responsibility of Boeing, to follow country or area soecific impositions on the airline industry by different governments. Foreign firms had to conduct normal business operations in a politicized and bureaucratic environment. The safety of their passengers is also a legal responsibility since this would reflect on the capability of the aircraft used. When a plane crashes by accident without any outside manipulation, for example, it is almost always to be taken as a legal responsibility of the airline. Most often, the airline involved would have to pay whatever compensatory damages arise. The government can influence company’s strategy by imposing laws and legal restrictions. Business has never been fond of government's having an activist role in establishing the ground rules under which it operates, but then organizations have no choice. Government regulatory actions can often force significant changes in industry practices and strategic approaches. And it is a company’s legal responsibility to follow
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MGT 330-Boeing Company-Planning function of management -...

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