We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Priorities of Ford Motor Company - Essay Example

Comments (0) Cite this document
Summary
This essay declares that organizations select the most appropriate course of action from a number of listed alternatives depending on different decision-making criteria. Priorities would set the tone of the recommendations depending on short-term and long-term plans of the company. …
Download full paperFile format: .doc, available for editing
Polish This Essay94.3% of users find it useful
Priorities of Ford Motor Company
Read TextPreview

Extract of sample
"Priorities of Ford Motor Company"

Download file to see previous pages From among the enumerated criteria, Ford Motor Company should use measures of value, priorities, and importance of elements to decide which of the four listed options is best. The measures of value should use a cost-benefit analysis of all the options and select the option that would maximize profits. Means of judging would determine the capacities of the decision-makers (board of directors or the president) in arriving at the chosen alternative or courses of action. Priorities would set the tone of the recommendations depending on short-term and long-term plans of the company. Finally, the importance of elements would incorporate internal resources (personnel, union, and policies, among others) and external factors (competitors, markets). If market conditions can and do change, Ford Motor Company should build-in flexibility to back-up its decision-making process by considering the following approaches: design back-up plans for courses of action that are opted to be second-best alternatives. For example, if the goal of the company for the short-term is to cut-down on losses, the alternative courses of action would focus on cutting down on costs and in streamlining operations. However, if demand for cars suddenly increases due to an economic boom, then a backup plan should consider giving personnel incentives (overtime pay) for requiring them to work excess hours to meet increases in demand. Focus on research and scanning the environment to anticipate changes and incorporate deviations from actual plans at specified time frames. For example, if the long-term plan is to close down the plants that produce trucks and SUVs within two years, but an increase in demand is seen due to growths of emerging markets in Asia (particularly China) within two years, then, the long-term plan of closing the identified plants could be delayed, as needed.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Priorities of Ford Motor Company Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/management/1429679-case-study-ford-motor-compahy
(Priorities of Ford Motor Company Essay Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/management/1429679-case-study-ford-motor-compahy.
“Priorities of Ford Motor Company Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/management/1429679-case-study-ford-motor-compahy.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Ford Motor Company
Ford has been in crisis for some years now. The reasons that have lead to this crisis are many. There are external factors as well as internal factors that lead to the present crisis situation. But it is found that the center of all the issues of Ford is the serious mismanagement which has been undergoing in the company for years.
21 Pages(5250 words)Essay
Ford motor company
This essay demonstrates that the overall demand for automobiles or cars decreased in 2008 in the US. The external business environment in 2008 remained tremendously challenging as the availability of short-term credit was abridged. By the end of 2008, the company had sold a major portion of its managing interest that it enjoyed in Mazda.
4 Pages(750 words)Essay
Ford Motor Company Analysis Report
The project aims to bring forth analysis of the corporate structure of a global organisation. The organisation chosen for the purpose is Ford Motor Company. The company has retained the topmost position in the field of automobile manufacturing in the world. The project begins by presenting the organisational structure of the company.
14 Pages(3500 words)Essay
The Ford Motor Company
According to the discussion the work culture is very conducive to the employees, and it definitely helps in generating the employee productivity, which has helped Ford Motors to become one of the leaders in the automotive industry. The Managers in the organization maintain a good corporate outlook and boost the employees to perform well. 
7 Pages(1750 words)Essay
Case: Ford Motor company
It operates under two segments: Automotive and Financial Services. The Automotive segment includes the operations of Ford North America, Ford South America, Ford Europe and Ford Asia Pacific Africa. The Financial services include the operations of Ford Motor Credit Company and Other Financial Services” (Reuters, 2011).
3 Pages(750 words)Essay
Ford Motor Company Analysis
Ford Motor Company is a multinational automotive manufacturer based in America. Its headquarters are in Dearborn, Michigan in the suburb of Detroit. The firm was established by Henry Ford and integrated in 1903. The firm markets its automotives under the brands Lincoln and Ford. It also owns shares in the Japanese Mazda and UK’s Aston Martin.
8 Pages(2000 words)Research Paper
Ford Motor Company Essay
A company will have many departments and audit should be done on every departments accounts and then valuate the viability of merger of acquisition. After audit if it is found that functioning of all the departments are healthy and profitable then a memorandum is made between the companies.
2 Pages(500 words)Essay
Ford Motor Company
As the report, Ford Motor Company, declares company’s mission statement is reminiscent of a reflection of its core principle, identity, and values. Ford Motor Company operates its business throughout the world and endows with ‘personal mobility’ for the communities. The company is committed to serve the people with enthusiasm.
6 Pages(1500 words)Research Paper
Ford Motor Company
Ford’s domestic sales have been low and stagnant for quite some time, in comparison to its European operations that has increased by producing many quality acclaimed vehicles. The reason behind the difference between domestic and international operations is expensive manufacturing facilities caused by “high wages and expensive health care".
3 Pages(750 words)Essay
The Ford Motor Company
The Ford F-series has been the leading product for the company for the last 33 years. Ford is the second largest motor-vehicle producers in the US but 5th in the world considering based annual sales by 2010. By 2008, the company had around 213,000 employees working on its 90 plants around the world with annual production reaching the 5 million mark.
3 Pages(750 words)Term Paper
Let us find you another Essay on topic Priorities of Ford Motor Company for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us