Rolls-Royce Corporation Assignment Example | Topics and Well Written Essays - 250 words

Rolls-Royce Corporation - Assignment Example The richer airlines which can afford its huge price tag will get tremendous fuel savings (by flying non-stop 8,000 miles), a higher efficiency (fewer crew needed as each plane can carry up to 550 passengers), less stop overs and thereby save on airport landing fees that results in greater economic viability. The savings derived can thus be used to counteract budget airlines which operate on lower costs. For the poor countries, creative financing schemes can be made available for them, like barter (part cash and part payment in kind, such as mining or agricultural commodities). Financing can also be arranged for them, such as through the World Bank at very concessional rates or through its private subsidiary, International Finance Corporation (IFC). For both types of customers (rich airlines and newer but poorer airlines), a main drawback or disincentive is the price which can run into several million dollars. To help address this concern, Rolls-Royce can help them obtain financing at favorable terms, either by syndicated loans, leases (wet, dry, operating, option, walk-away, etc.) or direct government guarantees (U.S. ITC 9). It can manage these various stakeholders based on the degree of interest and power it wields on the particular project, based on the four quadrants as shown in Figure 1 below. This simple yet effective tool is for creating a sense of priority amid the jumble of conflicting and often contradictory demands and maps the several stakeholders; it can simplify the task by the order of priority based on the classification of their individual concerns (Bourne 65). In a final analysis, what keeps all stakeholders together is open, timely and accurate information as it is now considered a necessary prerequisite for corporate success because not only goods and services are exchanged in return for money but also