Name
Professor
Course
Date of Submission
Finance and Budgeting
United State Military Enterprise involves provision of security to the American citizen and provision of peace missions in the world. United State military undergoes special training that allows the soldiers to harden and have the ability in manoeuvring the hardships. United Nations gave the task of provision of the peace mission on United States Army because of the good reputation present on the American soldiers. United Nations is investing heavily in terms of finance and resources for ensuring efficient delivery of services. United States of America adds extra support on the provision of funds that facilitate training. United States military fears the tough competition of other soldiers from other nations that want the mandate of world peace maintenance. United States of America invests heavily on the military personnel, the nation recruit high number of military personnel. The Army also orders sophisticated weapons that help in the maintenance of peace.
United States of America fears the competitive business of peace maintenance since it is a fast growing enterprise. The military enterprise is oligopoly since there are few nations that have the capacity of maintaining peace in the world. Although the United States of America is among the few countries that can afford in world peace maintenance the stiff competition makes the American government invest heavily in the military sector. A major dimension of the United States of America mission is a military budget that gets allocation of funds from the Department of Defence. United States military force comprises of U.S. Navy, Marine Corps, U.S. Army, Coast Guard, and Air Force. Part of the hefty finances is in good salaries and provision of amenities that motivates the soldiers towards accomplishing the mission of maintaining peace. Parts of social amenities soldiers receive are health care, family insurance, and total compensation in case of death of a military soldier.
The oligopoly structure of business competition gets the domination from Russian military, Japan Military, Korean Military, French, and German Military. The stiff competition results in high prices of arms, facilities, and equipment essential for the military operation. Caution is essential in the military operations and business transactions. Strategic planning involves the identification of main participants in the military market. For example, the main participants in the provision of military aircrafts include Airbus, Boeing, and Lockheed Martin. High demand of quality and sophisticated aircraft results in raising the prices of manufacturing of military aircraft. Competitor nations that require the contract of world peace maintenance make decisions that have influence on the decision of the United Nations management team. The measure of market share in oligopoly competition is collusion of interest towards the strategies to use in peace maintenance. Winning the contract of the peace mission require convincing ideas on the strategies towards long-lasting peace maintenance.
United States of America Military forces often win the contract due to specificity and division of labour within the military force. American Army avoids formation of the cartel that may influence monopoly towards provision of security in the world. Monopoly results in low production and high prices of the market price of military arms and equipment. Oligopoly competition ensures that the United States military has maximum profits towards provision of peace in the world and sets the prices of all the army equipment. The oligopoly competitive structure ensures the United States army does not acquire patents on some war weapons like nuclear and biological war-agents. American army struggles in access the complex technology that is expensive for efficiency of security delivery system. Economies of scale result in high taxation of the citizens for the maintenance of the military forces.
Improved project management capabilities in the United States Army allow the military handle the challenging missions that may be hazardous the participants’ health. Improved management of the military enterprise emerged from the illuminating incidence of 9/11 that detected that terrorist used hazardous material towards committing the crime. United States military forces collaborate with the military health system towards provision of health security measures in curbing crime in the world. The competitor bodies in the oligopoly competitive environment lack the advanced protection of the military forces resulting in the low number of recruits and a high number of deaths in war missions. United States Military has the powers of altering the budget and schedule depending on the calamity present in the world while competitors do not have legal rights of altering the financial budget. Improved project management enhances proper channel of communication with the project stakeholders in order to address challenging issues in the operation mission.
The divisions present in the United States military have project team leaders that address emerging issues. Department of Defence offers project management solution on the United States forces such as knowledge and methodologies. United States soldiers have additional project management benefits such as expertise and knowledge of team management which the competitor armies in other nations lack. Proper budgeting and financing allow the United States Army overcome the challenges present in the war mission and removes delays that may occur due to financial difficulties. Competitors in the oligopoly competitive environment have challenges of personnel, patient care, poor communication protocol, and poor hygiene of the soldiers. United Nations require a stable and reliable military Army that has the ability in emergency response of a disaster hence electing the United States Army for its preparedness. Oligopoly competition requires evaluation in order to consider changes that are necessary for the military team.
United States Army aims in offering the best towards protection of its citizens and the world from wars. Testing of weapons is essential before war mission and United States Army forms a mock war among the divisions in the army for testing the weapons. Mock war may have injuries, death and destruction of weapons, the project management team should have enough funds that allow will cater for mock wars and the compensation of the injured soldiers. In some situation, the team leader may cancel the use of the war weapons if some of the weapons are defective. Collaboration with financial management team of United States Military Forces is essential in the identification of disbursed amount in the account of soldiers and budgeting strategies of each military division.
Oligopoly of supply of war weapons on the United States Army results in high expenses that lead in high taxation. Flexibility of the competitive environment allows the United States military have access of quality equipment at affordable prices. Oligopoly is a big business that undermines upcoming industries towards production of war weapons and sells them to the government agencies. The military budget has contingency operations that assist in a situation of emergencies. The competitors in the military mission lack contingency operations resulting in failure of responding towards emergency war missions. Improved project management capabilities allow the United States make a definition of components and funds necessary for the operations of the military academy.
