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The company trades in cars, trucks and heavy vehicles with the tractors of the company forming some of the global iconic brands. In an attempt to understand the ford motor company, this paper will focus on the business model, business line, the products, customers and analysis of the value chain. The paper will equally focus on the diversification of the company, overall performance and analysis of the mission statement.
Currently, Ford company trades its products under four main brands; Ford, Mercury, Lincoln, and Volvo. The company utilizes a labour force of more than 200, 000 employees who are specialized to work in different departments of the production process. The Ford Company has devised a strategy to make the feasibility of its products through separation of the firm into two segments. The company is separated into the automotive services production segments and the financial services. The financial segment of the company has the provision of the ford credit, which offers financing to vehicles in both merchant shoppers and retail shoppers. The automotive section of the Ford company is separated into districts according to the strategic plans of the company (Davis, 2013). The districts under this umbrella are thus; South America, North America, Asia, Pacific, Africa and Europe. The automotive section of the company is involved in the manufacturing and servicing of the cars.
The Ford Company has a retail dealership program that works under the dealership model. Under this program, dealerships sigh specific contracts with companies that the Ford Motor Company supplies with vehicles and service their automotive. This works by increasing the sales of the products of the company through the formation of long-term partnerships. According to the 2008 Ford dealership statistics, the company secured approximately 4000
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Ford is one of the most renowned automobile giant in the automobile industry. Since its inception, Ford has proved to be one of the most technologically advance and competent automobile manufacturing companies in the market. It holds second position in the U.S automobile sector, having a good market reputation and millions of satisfied customers.
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.
Zenn Motor Company Ltd. ZMC has answered the question “What is marketing” by availing a commodity to consumers, which its use is effective and efficient. It has conducted marketing by providing its consumers with a vehicle that is friendly to the pocket and environment.
Pre-service training has received less attention in elementary teachers, who are educated in schools and department of education. The education officials need to be conversant with the standards and techniques of teaching these poorly performed subjects.
The plan indicated that the Big Four companies should tender the audit report every five years which was actually tendered till then every 10 years (“Big Four Dismiss Claims They are Failing Shareholders”). The main idea behind the plan of CC was to expose the other audit companies to the market apart from the Big Four companies.
Nowadays corporations as living organisms have the responsibilities towards society and employees by making a better livelihood for them. In the process, even family owned companies have to fall in line. Following the age old traditions in the name of keeping up with old tradition only amounts to self deceiving and escapism and exposes inefficiency.
The balance sheet, currently known as a statement of financial position, refers to a financial statement that indicates the worth of business at one point in time. It shows the financial position of an enterprise at a specific moment usually at the end of the month, quarter or year (Ittelson, 2009).
They help in analyzing how much successful the company has been in achieving its goals and objectives. The profit and loss is calculated for each operating and non-operating activity of the company. This helps in estimating the net profit and loss. That is why it is
Strategic management refers to the evaluations, decisions, and actions undertaken by an organization seeking to build and sustain a long-term competitive edge over its rivals over time. It involves an analytical assessment of the organization’s set strategic goals including its mission, vision and the overall objectives that guide its operations.
As actual income increases when compared to the potential income, resources are fully employed, so it became difficult for FORD MOTOR and other corporate to find idle capital, labor, and natural resources to produce services and goods. As a result, the scarcity of commodities
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