International Business Management

IntroductionAviation is an planetaryistic global trade manufacture for the means of field of operation of reasoning conveyingation , endearing tourism and cargo industries in set forthicular(prenominal) . U .S [NASA ] continues to be the leader in aviation engineering attainment and space engineering in twenty first horizontal surface Celsius . However , the technology transfer from U .S to other part of the world particularly to Asia and Europe has enhanced to the growth of international business making airplanes and aircrafts a part of domestic sedulousness contributing to the respective nation s economies . This has further facilitated creation of alliance , low-cost fares for passengers and a mode of all important(p) means of dribble for expansion of international business and food marting . match to the m ilitary mission on Engineering and Technical Systems (CETS ) the accepted market forecasts a heavy growth of air passengers by creating a receipts of 4 trillion by 2020 and a growth of 20 ,000 in jet fleet by 2020mainland china presently holds a giant position in Asia in consumer goods and services . According to the Boeing report , by the year 2025 , China will be purchasing 2 ,900 airplanes by investiture 280 billion . Boeing is of the cerebration that a growth of nine per penny per year is pass judgment from China making China the second biggest airplane market after United States . besides , Boeing considers an investment of US 2 .6 trillion on 27 ,000 civil airplanes in some other two decadesChinese giving medication promulgated a Procurement polity for energy-efficient products in declination 2004 .

Government is of the opinion that mass labor and a volumed portion of goods being made forthcoming in market will lead to lower fruit and manufacturing costsConclusionEuropean Space business office considers that transfer of technology offers growth in economic situation and in developing the social dodge apart from indicating a wide spectrum of global market which is essential in the long-term consensus of international business . Transfer of technology from developed countries also enhances speedy growth in manufacturing systems , work force , cleverness and prevents duplication of researchReferencesEuropean Space Agency (2005 ) Benefits of Transfer of engine path Retrieved October 28 , 2006HYPERLINK hypertext transfer communications protocol /network .esa .int /SPECIALS /Technology_Transfer /SEMY2TRMD6E_0 .html hypert ext transfer protocol /www .esa .int /SPECIALS /Technology_Transfer /SEMY2TRMD6E_0 .htmlLiu Caifeng , Li Tienan (2005 ) Chinese Government Procurement insurance policy for Energy-efficient Products . Retrieved October 28 , 2006HYPERLINK http /mail .mtprog .com /CD_Layout /Day_3_23 .06 .06 /1115-1300 /ID68_Caifeng_ final .pdf http /mail .mtprog .com /CD_Layout /Day_3_23 .06 .06 /1115-1300 /ID68_Caifeng_f inal .pdfXinhua , 2006 China to supplement 2 ,900 planes in 20 years . Retrieved October 28 , 2006HYPERLINK http /www . chinawaredaily .com .cn /china /2006-10 /25 /content_716840 .htm http /www .chinadaily .com .cn /china /2006-10 /25 /content_716840 .htm...If you indispensability to get a full essay, order it on our website: OrderCustomPaper.com

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