The power of partnerships

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Introduction This case study focuses on how the creation of risk and revenue sharing partners (RRSPs) has enabled Rolls-Royce to take on contracts which have increased its market share in the civil aerospace business. During the 20th century the development of different means of transport has radically changed the global economy. The introduction of the jet engine and the development of commercial aviation have shrunk distances and reduced cultural differences by allowing people to holiday and develop business opportunities in almost any part of the world. In fact every day more than three million people fly on commercial aircraft and each year there are more than 18 million flights. One of the reasons that commercial aviation has become such a well-accepted part of our lives is because it has become an exceptionally safe way to travel. As one of the most heavily regulated industries in the world, stringent engineering requirements have helped to reduce the likelihood of being involved in an accident to approximately one in three million, which means that it is many times safer to travel in a jet than travel by car. The Rolls-Royce portfolio Rolls-Royce plc has not made motor cars since 1971 when the business…

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