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Personal motivations in aerospace industry
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Lockheed Martin Case Summary
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Recommended: Personal motivations in aerospace industry
Where assets and self-reliance are absent, the organization’s primary goal is survivability. In normal organizational businesses, they treat profits as the basic encouragement. However, profit maximization in the aerospace industry does not exist but the real concern is survival. With the performance of highly educated engineers who work from contract to contract and not on the beginning to the final design or the construction. Aerospace companies focus more on the sales and contracts rather than the profits. The personal compensation and personal command of the managers is closely tied to the sales of the products rather than the profit levels. Lockheed Martin’s manufacturing operations are extended throughout the organizational into
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