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Essay / Research Paper Abstract
This 7 page paper examines this British company that manufacturers aircraft. Economic, technological, socio-cultural and competitive influences are discussed. The firm's recent expansion to the U.S. is duly noted. Bibliography lists 7 sources.
Page Count:
7 pages (~225 words per page)
File: RT13_SA337BAE.rtf
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Unformatted sample text from the term paper:
things. Although its history indicates success, it has had problems in recent months. In addition to economics, the industry and BAE in particular has been affected by socio-cultural, technological and
competitive factors. First, what type of company is BAE exactly and where does it stand in the industry? It should be noted that the Economist dubs BAE as a
"global defense giant" ("After the," 2003, p.59). While that is the case now, it is largely a British firm but has expanded a great deal in recent months. While it
is a large, well known company today, it had humble beginnings. And it has been around for quite some time. It is said that its Royal Ordnance division had
been founded by Henry VIII during the 1500s (Tomlinson, 2002). Yet, much of the corporate history of BAE specifically is generally discussed over the course of decades during the
twentieth century. BAE Systems goes back to the early years of "manned flight and wireless communications" ("BAE Systems," 2003) . During the 1940s and 1950s for example, BAE boasted
the launching of many craft (2003). During the 1960s, the company became enmeshed in the merger and acquisition fervor. In 1960, the British Aircraft Corporation had been created from
the merger of "Bristol, English Electric, Hunting and Vickers" (2003). However, it was not until January of 1981 that BAE would go public (2003). This of course would change
everything. Suddenly, the company had to answer to stock holders. Firms going through such a transition certainly feel the difference. One does see a change in BAE since this occurrence.
It should be noted that the UK government sold more than fifty percent of its shares the very next month, but while all the shares were sold, the UK
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