Year of Award
Master of Business Administration (MBA)
College of Business & Professional Studies
government, aerospace, contract, development
With the demise of the military threat to most of the free world, the aerospace companies are faced with the removal of large sources of capital to fund research and development. One of the ways to circumvent this problem is for the various companies to form consortiums to pool their money and talents to get the most for the dollar. With this procedure, there are many potential problem areas that can develop. There are the problems that can occur when the two different continents try to exchange data and engineering drawings that have been developed on separate computer ’ systems and- different measuring systems (Metric versus English). The division of the workshare is another area where there can be difficulties. This would be the result of the self-esteem that plagues every corporation when it comes to solving the problem of who will lead the team in their endeavors. With this goes the prestige and admiration of the rest of the industry and could cause potential trouble down the road for the consortium leader. In every project, labor issues seem to surface. • In this arena, it is no different. Every country in the world, let alone regions of a country, there are different work ethics. This can be the month long vacation in Germany, "tea time" in Great Britain, to the different labor contracts that every union negotiates in the United States.
As with every contract, there will be disputes in the interpretation of the requirements. The effect of law suits and the World Court are far reaching in the day to day workings of the multinational consortium. And with contracts, there must also be payments. The monetary standards that are to be used in the fulfillment of the contract can be disastrous to a corporation that is on an unsteady base.
After the agreement to co-develop a project, there now comes a new set of issues that can effect the consortium. Things such as marketing the product, what international regulations govern which countries, the transfer of technology from a developed corporation to another that is in need of the technology to become a player, in the world market, to finally, can the governments of the member consortiums lend a hand to unbalance the scales in favor of their respected companies?
Creative Commons License
This work is licensed under a Creative Commons Attribution-No Derivative Works 4.0 License.
Glaza, Ralph Edward, "The Management of Aircraft Development for the International Market" (1991). Theses, Dissertations, and Capstone Projects. 410.
Available to Fontbonne users only. Please log in with your id + password.
If you are the author of this work and would like to make it openly accessible to all, please click the button above.