Business Ethics & Corporate Social Responsibility Report Essay
Bombardier is the world’s leading manufacturer of both planes and trains. It was founded in 1942 by Joseph-Armand Bombardier and it is focused in making mobility more efficient and sustainable. In 1947, during this time is when Bombardier goes into mass production. In 1969, Bombardier goes in public in the Toronto Stock Exchange. Throughout the years, there were many improvements and expansions that made Bombardier really well-known and by receiving awards. Bombardier continues to expand by making acquisitions. By 2004, L’Auto-Neige Bombardier Limitee launches its new brand to Bombardier and is known worldwide.
It is currently traded in the Toronto Stock Exchange as BBD and is a part of the Dow Jones Sustainability North American Index. Since Bombardier produces planes and trains, it is separated into two categories such as “Aerospace” and “Transportation”. Bombardier’s Aerospace designs and manufactures products for business, commercial, specialized and amphibious aircraft markets such as the Learjet, and the new C series program. In addition, Bombardier Transportation is a global leader in the rail industry. This is because Bombardier provides services such as rail vehicles, and transportation systems.
Description of Industry:
Bombardier’s industry is Aerospace/Defense railways. In Bombardiers market forecast of 2014 to 2023 for their commercial aircrafts, they forecasted…