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Boeing Company Boeing Company Has Spent More Than $100 Million to Create

question 85

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Boeing Company
Boeing Company has spent more than $100 million to create a major presence in China, complete with a major office complex, a large spare-parts facility, extra training programs for Chinese air crews, and a deal to buy fuselage sections for the 737 from local manufacturers. Asia is the fastest-growing aircraft market in the world. Asian carriers have been a major part of Boeing's sales, and Boeing predicts 40 percent of future air-traffic growth will come from Asia-Pacific travel, and it wants those passengers flying on Boeing jets. So, Boeing is jointly designing and building an American-Japanese-Chinese plane, all to lock out any European, South American, or even Asian threat to its market. To keep the fate of Asian aerospace in its hands, Boeing is steadily broadening its contractual relationship with Japan's three major players, Mitsubishi Heavy Industries, Kawasaki Heavy Industries, and Fuji Heavy Industries. The Japanese "heavies" make part of the airframe of the Boeing 767 and 20 percent of one of Boeing's newest planes, the 777. This strategy should ensure Boeing's dominance in Japan.
-Refer to Boeing Company.The new American-Japanese-Chinese plane Boeing plans to design and build gives partial ownership to the manufacturing partners involved in the project.This is an example of:

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Definitions:

Vegeculture

An ancient form of cultivation involving the planting of vegetative parts of plants, such as cuttings or stems, to grow new plants.

Domesticated

Refers to animals or plants that have been selectively bred and genetically adapted over generations to live alongside humans, often for work, food, or as pets.

Modern-Day Mexico

refers to the contemporary nation-state located in North America, known for its rich cultural heritage, history, and significant contributions to the world in various domains.

Bee

A flying insect known for its role in pollination and, in the case of the best-known bee species, the European honey bee, for producing honey and beeswax.