European Union should stop supporting Airbus Essay

European Union should stop supporting Airbus - Essay Example with manufacturing costs, the company has managed to grow its market share and improve its manufacturing to the point where Boeing now claims dominance in market share and revenues worldwide. Airbus has taken in over US$13 billion in subsidies since its founding, yet the company continues to ask its government shareholders for more subsidies to continue to compete against its rival. Subsidies cost the European taxpayer, and support the airlines which buy planes. Each Euro which is taken from European taxpayers could be better employed by direct consumption or investment in private enterprise, which would result in the application of market reasoning to funds usage. The reasoning used to support Airbus is the same as the Common Agricultural Policy—that farmers (or aircraft employees) cannot be competitive on their own, and need to have subsidisation in order to maintain employment and compete on world markets. The reasoning used by both is the same: both are â€Å"bridge† financings, and should not have to be made all the time, just during an ‘adjustment period.’ In fact, Airbus, as with European farmers, has grown used to government subsidisation, and has not adjusted its policies to improve its competitive position. Governments justify their continuing support in Airbus on the basis of the number of jobs created or maintained. They do not mention the opportunity cost of employing that capital in other industries, or of giving investors the capital in order to make rational business decisions. The governments of Germany and France, far from aiding Airbus and its ability to compete with Boeing, have placed conditions which make it impossible for the company to be as cost- or capital-effective as the company from Chicago. Boeing has been able to accelerate development and production of its 777 and 787 aircraft by seeking the best industrial partners from around the world. It has thus reduced its own capital requirements in new models by off-loading

Business and Management Research Methodology Essay

Business and Management Research Methodology - Essay Example scheduling the research workload and activities over a stipulated period and being flexible enough to make alterations in it when problems occur; vii. constructing and sustaining the research argument through a long document without resorting to long descriptions that are not embedded in the structure of the argument; viii writing and understanding the purpose of an introduction, a conclusion and an abstract for an academic document; ix writing clearly and imaginatively, and with a sense of authority; and x. using an appropriate referencing system. In order to conduct research in terms of the above mentioned requirements, the work involved may include: the development of an appropriate and interesting research topic; reading the relevant and other appropriate literature; specifying the method adopted for the research; collection or selection of the required data; analysis and interpretation of the data and finally writing up the dissertation as the end product. Deciding on the research topic takes a good deal of time, thought and discussion. In deciding on it, the best help is discussion with the research guide and other faculty members, one's colleagues, journal articles which may point out 'further areas of research', doctoral thesis reading which would give ideas of extending or disagreeing with the thesis propounded in the research thesis. The preliminary reading will not only be useful for choosing the topic but will also be helpful for writing a literature review for the project later on. So careful notes should be kept at every stage. Readings can include article summaries from Abstracts. Label the notes so that somebody else could read and understand them. This should mean that the researcher too, understand them when they are read again. A research statement turns the original ideas into something that can be researched. (Kumar 1996) Research Project After the preliminary readings, the research a proposal has to be formulated. A good way to prepare a research project is to include the categories of the research proposal as the project itself. There should be a proposed title or an initial short statement about what is proposed to be done. The introduction could be shorter than in the research thesis. But it should explain: why is this work is being done what problems are being investigated what questions will the researcher ask what other research is relevant to the work The methodology may be described, but it could be tentative if, at this stage a final decision about the methods of investigation and analysis would not have been made. But describe a range of possibilities that are being considered and how the information collected will be analyzed. A research proposal should also include a rough timetable as to when the different stages of the work are planned to be carried out. Timetable the Research and Report The researcher will have to be able carry out the research work and write it up by the deadline indicated in the