By Theodore Von Kármán
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Extra resources for Aerodynamics
The submodulc "Results" processes the output dara as shown in Figllre 11. '~C II ObJKI1"e5 ~I lncrcasc ma.... nc1"r1slk. arkCl demand uncer-l E6 W~ ~alilyofbusincss h_ 1 I 1 1 Cl12 Strategie lIu'nerabilitYl ~ScI13 Tcchnology uncenainl~ FiguI"C 8: Scnings Submodule Vcnical integration and oUlsourcing propositions arc dividcd into control, stability and eoordination aspccts. Control aspcets arc those that hc1p the organization in tenns of case of monitoring, high transparcncy of processes, low opportunistic bchaviors and low burcaucracy.
In order to attain cquilibrium, agency theory emphasizes the cost of misalignment betwccn principals and agcnts (Bcehl, BoiIon & Roell, 2003). Potential misalignment conflicts arise between a principal and an agent, thus causing cconomic costs (Jensen & Meekling, 1976). , a cost reduction). ations consist, in the following case, as the principal, whilc companies to which aetivities are outsourced are the agents. Due to relatively high failure rates, the operation ortaunchers is very risky, so outsourcing would be an advantage for the space organization.
The Spaee Operations Mission Directorale provides eritical cnabling technologies for much of NASA through the Space Shuttlc, the International Space Station and flight support (NASA, 2006). ' (DCI'clopl1lellt & Prodlfctiflll) Boeing opcrates in four prineipal segments: Commercial Airplanes, Military Aireraft and Missile Systems, as wel1 as in Spaee & Communieations, and also in the so-eallcd Boeing Capital Corporation, Space & Communieations operations, with its Network & Spaee Systems Division, principally focuses on research, development and the produetion of space systems, missile defense systems, satellites, launch vehicles and rocket engines, and also the Spaee Shuttle and International Spaee Station (ISS) programs (Boeing, 2008), In 2006, the Network & Space Systems Division's revenues were $[2 billion, represcnting 20% of Boeing's total revenues (Soeing, 2007b).
Aerodynamics by Theodore Von Kármán