Boeing 727 Research Paper Example | Topics and Well Written Essays - 750 words

Boeing 727 - Research Paper Example The company stopped its manufacturing in the year 1984 after the introduction of more sophisticated aircrafts. The total aircrafts so far produced were around 1832. The record sales of Boeing 727 jet airliner had broken all previous records of commercial sales (Connors, 2010). Boeing 727 had the privilege to become the best selling airline in the history of aviation. Although Boeing 737 has crossed the sales ever recorded, but Boeing 727 holds a permanent place in the history of aviation as one of the most significant airplanes whose role in the development of Global Transportation System is unforgettable (Connors, 2010). Apart from domestic medium range flights, Boeing 727 created a niche the world over and fame amongst the international passenger airliners. The range of flights, the airliner could cover with additional third engine meant that Boeing 727 proved efficient service concerning short and medium range international flights in many areas around the globe. Prior to its oper ations, four engine jet airliners were required for crossing the oceans (Connors, 2010). One can gauge its performance capabilities with the factor that 727 were used as cargo airlines and charter airlines with famous service providers thus found a secondary market. Take the example of FedEx, the largest courier service of the world, introduced this fleet in the year 1978. This has played a vital role in the business of FedEx until its replacement with Boeing 757 for their courier service due to promulgation of noise regulations in the United States of America. For decades, Boeing was considered as workhorse by the major cargo airliners. However, services of Boeing 727 are still available for passengers in those countries, where noise regulations have not been introduced so far (Eden, 2008). Further, Boeing 727 proved to be a popular airliner, which serves on the airports, having lightly improved runways. Others used it to transport passengers to picnic resorts and cruise and vice v ersa. Carnival Cruise Lines is the best example of using 727 and 737 to transport their passengers to cities who took abode on their ships. Nowadays, Con Air, currently using in place of 727 aircrafts to transport prisoners to and from prisons, detaining centers, courts and other places where they are required to be transported (Eden, 2008). In the year 1971, some structural changes have taken place to enhance by placing therein more powerful engine, extended fuel capacity in its latest feature of Boeing 727-200. This had improved its range capability, efficient runway performance with a new wide body look (Norris & Wagner, 1999). This has further improved by inserting another gross weight boost from its minimum 77,122 kg to maximum 86,600 kg. In the year 1972, it has further increased to 208,000 together with the purchase of three heavy weights. The highest gross weight of 727 was raised to the level of 95,300 kg (Norris & Wagner, 1999). Boeing 727 was declared as one of the best s elling commercial airliners in the history of airline in 1972. In the year 1983, orders reached up to the mark of 1,831. With the passage of time, the Boeing 737 surpassed all the previous records it made, nevertheless 727 still holds a dominant place in the history of aviation. The most significant role played by this airliner created a lasting impression in the promotion of aviation business (Connors, 2010). Boeing 727 aircrafts

Crucial Functions in a Business Term Paper Example | Topics and Well Written Essays - 1000 words

Crucial Functions in a Business - Term Paper Example ic?, Indihar and Kovac?ic?, 2008). Administrators are involved in a wide range of activities related to budgeting and monitoring to recruitment of the new staff. Some of the routine administrative tasks involve opening mails, sending emails ands faxes as well as filing. In addition to the routine activities, other obligations require application of expertise and creativity such as staff meetings, arranging travel and important assignments, researching information and arranging crucial events such as sale conferences or interviews. The administration function is also involved in purchasing new hardware for the business and handling external customers who rate the business on the manner in which their inquiries are handled. Inefficient administration function is disastrous to the reputation as well as the company’s image. Issues such as lost orders, miscommunication of the messages, wrongly typed letters and wrong scheduling of meetings or interview may lead to loss of customers . Effective administration enables the management to concentrate on other roles necessary for business growth. Finance Function According to Finch (2010), the finance function is the most crucial segment of a business enterprise. This is because all departments in a business enterprise require financial resources for them to thrive. The staffs serving under the function records the financial inflow and outflow to enable the business managers identify the amount of profit that each department is making and be updated on the amount of money currently at the disposal of the business. This enhances accuracy in financial decisions as the information that is used is accurate and credible. Some of the roles of the finance department include production of invoices, confirming the receipt of payments, following up on overdue payments, financial recording, paying for the received orders, production of the annual statutory requirements, and preparation of payrolls as well as payment of salarie s. The finance function is also involved in roles requiring expertise and skills such as monitoring of the departmental budgets in ensuring that the departmental heads are not mismanaging funds, regular issuance of departmental budgets, and production of regular financial reports for the managers as well as playing an advisory role to the senior managers on financial issues. Role of the Manager in Administrative and Financial Functions of a Business Role of Managers in the Administrative Function The administrative manager has a responsibility of overseeing the overall work performance of a business organization. The administrative duties of a manager include communicating the wishes of superior workers to the employees to ensure that the business plans function according to the plan. Hron (2001) asserts that the manager is obligated to make decisions through analysis of various situations and deciding on the most appropriate course of action. The manager will also be bound towards instilling discipline and coaching employees to improve their competency, improve their performance and eliminate those that do not contribute in helping the organization achieve its goals. The manager should also understand the selection and recruitment procedures required for choosing the most appropriate candidates for different roles within the organization. The manager colludes with the administrators in delegation of accounting, payroll and paperwork. Other essential administrative roles of a manager include application of the information systems in enhancing output and ensuring that the office environment is suitable for performance as well as provision of adequate support to other managers and departments. Role of Managers