Aerospace of the BMW - Essay Example

Aerospace entails the human endeavor in science and engineering, as well as business, to perform aeronautics (flying in the Earth’s atmosphere) and astronautics (surrounding space). What BMW needs for the implementation of the aerospace industry is a huge pool of funds, commitment, and government support (HM Government 5). According to HM Government (5), all firms that have ventured into this business have all gotten the support of their respective governments and, in particular, firms in the United Kingdom. Also, BMW needs to be fully fledged to the Aerospace Industrial Strategy. Other commitments that come with committing to the Aerospace Industrial Strategy are ATI (HM Government 6). Finally, BMW needs to have a huge pool of capital to venture into such as business. The aerospace industry rates among the most expensive in the world, and; therefore, any firm willing to venture into this business should have a wide pool of capital (HM Government 6).
The aerospace industry is highly rated (HM Government 44). It adds huge value to a company. Read More