Source: “About Bombardier” website page
Connection to Chapter: Chapter 3 Competing In Global Markets (Page 68. The Dynamic Global Market)
Companies around the world are always looking to grow their business. The most important step in growing a business and taking it to the next level is interact with other countries so your business can be known to people around the world. Bombardier is the world’s only manufacturer of planes and trains, and this gives Bombardier a huge advantage because they have no competition they are the only manufacture of plans and trains so no one is affecting their business they are only making profit from it. Bombardier has their business in more than one country which benefits …show more content…
Bombardier is a public corporation therefore they have the right to issue stocks and give ownership through shares. Bombardier is on the Toronto Stock Exchange this can help with the amounts of capital. Usually when a company has stocks the size of the company does not matter the productivity of the company matters. So stock exchange can take place with both small and large companies.
If you’re travelling in the air or by land either way Bombardier can help your travel because it is a way of transportation. Bombardier trains are high speed and they’re public transit is calmed to be “smarter than ever”. By claiming that Bombardier can transport you from wherever you are and it’s very fact it attracts costumer and catches the attention of many people. This is why people want to take the chance and invest in the company. Since Bombardier is the first company of its kind it reflects no competition which can be beneficial for the people investing into the