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Ford Motor Company Essay Topics & Paper Examples

Ford Business Environment

Ford Motor Company is one of the greatest automobile manufacturers of all time. They started under Henry Ford in Detroit, Michigan. Ford had a skill for craftsmanship when he built an experimental car in 1896. It was a twin cylinder engine with potential of 20 mph. In 1899 he left his job in order to organize the Detroit Automobile Company. Ford’s first production was in 1903, the Model A, with an under the floor engine selling for $850. In the first season it sold 1,708 cars. After World War II production slowed down until the entrance of the 1949 line. At this time power units were new along with the automatic transmission in 1950. Great automobiles were manufactured in the…

Learning Team A- Value Alignment Paper

Origins and subsequent evolution of your personal and workplace values There are many values and ethics that go into creating a successful and profitable workplace. Many companies adopt their personal values into the workplace to help aide in the daily task that needs to be completed. Adopting personal values into workplace help set standards that allow for follow-up and future growth of the business. Some examples of good personal values to have in the work place are along the lines of respect, responsibility and holding yourself to a certain standard. Rolling out standards and values such as these will help the organization grow a strong ethical foundation for a successful business. Values, Actions, and Behaviors, and the Alignment Between Your…

The Real Henry Ford

Today, when we remember Henry Ford we think of a hero; a man so creative and inventive that some of us could only hope to ascend his level of integrity. But these attributes can only be viewed in our history books. In the beginning Ford was of course everything we have learned about but as he grew older, as the company matured, his mood became austere and bitter. There, as most see it, is always room for improvement. But when possible enhancements to his automobiles presented themselves, Ford was personally offended. He equated the cars to his ego, his achievements, himself and so when his colleagues suggested that he modify small aspects on the cars he would become angry and…

Group Research Paper- Online Platforms

According to Thompson virtual team is any task-focused group that meets without all members necessarily being physically present or working at the same time (Thompson, 2011 p.). According to the article, The Knowledge Advantage of Virtual Teams Processes Supporting Knowledge Synergy, it has been previously argued that virtual teams emerged as a new organizational form of ‘working together apart’. However, their novelty has been attributed to the use of technologically advanced communications rather than to their organizational properties (Ratcheva, 2008). Therefore, we can see the importance of having a good platform the Ford Company Virtual Team Communication. As a team, we review five online platforms of our choice that we believed could be used for Ford Company virtual team to…

Emerging Business Themes

A- QUESTION 1 1- Definition Business ethics is a form of professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. The definition of Ethical stance defined by Johnson and Scholes as: ‘the extent to which an organization will exceed it minimum obligations to stakeholders and society at large. There are four possible ethical stances existing and are stereotypes for any organization.(1) The first ethical stance is short-term shareholder interests; a company who stick very close to laws and regulations which are in place. They give and do only what they are obliged to, this usually causes problems with long-term financial decisions. The second stance is longer-term shareholder interests – a company who…

Bidding For Hertz

EXECUTIVE SUMMARY In April 2005, Ford announced its intention to investigate possible strategic alternatives for Hertz. At the same time, Ford’s stock price went down significantly. This negative reaction from the market shows Ford’s lack of confidence in its future operation, since Hertz is one of the strongest subsidiaries and revenue sources for Ford. Even though Ford would lose significant value of itself in this transaction, the slump in Ford’s main business especially in North American segment and a possible downgrade of its bond rating forced them to conduct drastic financing strategy to recover itself. The company had two alternatives to rid of Hertz: selling to a private bidding group via LBO transaction and listing on public stock exchange market….

Faith and Hope in Business

Faith in business is having trust and confidence in whatever you set out to do, regardless of circumstances or condition, such as economic recession or an entity’s ability to continue as a going concern. Faith in business is some fixed points of reference for business leaders to stay ethically and professionally. Faith in business is like a compass for many CEOs. For Ford Motor Company, Episcopalian is the compass for Henry Ford. For Whole Food, Buddhism is the compass for John Mackey. Hope in business is the belief that things will get better, whether the financial data or evidence indicates it will or not. Hope in business is like a road in the world; there was never a road, but…

Ford Case Analysis

Part I. Executive Summary Ford Motor Company was founded by Henry Ford in 1903; the company had produced over 260 million vehicles with about 370,000 employees today. Although Ford obtained significant revenues and profits from its financial services subsidiaries, the company’s core business had remained the design and manufacture of automobiles for sale on the consumer market. Since in the 1970’s, the automobile industry had seen an increase in competition, especially foreign competition, mostly from Toyota & Honda which led to overcapacity within the industry (estimated at 20 million vehicles). In an effort to lower cost of developing, building cars and increase efficiency in 1995, Ford developed a restructuring plan known as Ford 2000 which included merging its North American,…

Ford Focus and Ford Motor Company

When Alan Mulally took over as Chief Executive Officer at Ford Motor Company in 2006 the organization was losing billions of dollars. According to Tony Schwartz (2010), “It had just come off reporting a $14. 6 billion loss for 2008, its fourth losing year in a row” (para. 1). The article Alan Mulally-Making Ford a Model for the Future illustrates the progress of Alan Mulally and the four simple principles that are making the company become profitable. Principles are important in any organization and an employee needs to feel important and motivated to come to work. These are a few of the principles that Alan Mulally have implemented since 2006: Stand for something beyond profit. Rally your employees around a…

How the business deals with legal factors

A legal factor that has a big impact on Tesco’s is protecting employees which, includes the laws about how many hours an employee can work. This amount of hours depends on the employees contract, if they are a full time member of staff then they have to work between 35-45 hours a week but no more, these hours also have to be over reasonably shift, for example having a 8 hour shift a day over 5 days a week. If they are a part time member then they can work any amount of hours a week as long as it is no longer the 35 hours. This can impact on Tesco’s as they have to keep to the terms and…

Henry Ford and the Assembly Line

Henry Ford an automobile manufacturer enjoyed tinkering with machines since the early years of his life. Working in a farm and later having a job with Detroit machine shop, gave him an excellent opportunity to experiment. He manufactured the first horseless carriage in 1896 and the Ford Motor Company was incorporated in 1903. The company did well and in 1908 it was in a position to build a car (Model T). The price of this car reduced significantly due to massive production. The use of a constantly-moving assembly line, innovative operations and division of labor, increased production that the car evolved from being a luxury item to an essential good for transportation in the U. S. (Bellis, 2010). In 1914…

Chevrolet Case Analysis

Then: ​ In the beginning, Chevrolet positioned itself strongly as a theme of “quality vehicle with deep roots in America’s past. Priding themselves on the traditional representation of the sporty car brand, Chevrolet has made great strides over the years. Firmly entrenching the brand as a key part of the American culture, Chevrolet has made many attempts to associate with American sporting events. For example, Chevrolet sponsored the All­American Soap Box Derby for a decade. In addition to sponsoring events, Chevrolet also sponsored drivers with their vehicles for racing circuits such as NASCAR. Another subcategory Chevrolet used along with the American theme was patriotism in its promotional aspects. Taglines with the phrases “America’s Best Seller,” “America’s Best Buy,” and “Like…

The making of a Global Alliance: Nissan and Renault

The term strategic alliance has become widely used to describe an agreement between two or more businesses joining together to cooperate in a specific business activity, so that each benefits from the strengths of the other and gains competitive advantage. The businesses are usually not in direct competition, but have similar products or services that are directed towards the same target audience.1 The formation of strategic alliances is widely seen asa response to globalization and increasing uncertainty and complexity in the business environment. In the recent years companies worldwide, including many industry leaders, are becoming increasingly involved in strategic alliances. Furthermore, several surveys have disclosed that such partnerships are distinguishable from traditional foreign investment joint ventures in several important ways….

Aim In Life

I always feel that one needs to know where one is going in life so that when one reaches the place he can move beyond the horizon set for him. That is why it is essential for every person to have some aim in life. This aim gives people the strength to face obstacles and move the barriers in path to success. Almost every successful human being in history had a dream, which became the driving force that took them to the pinnacle of success. The aims of these people were to make the dream a reality. Henry Ford’ s aim was to make the motor car within the reach of the common people and today Ford is one of…

Ford Motor Company: Supply Chain Strategy

The Ford Motor Company finds itself in a dynamic business environment where new technologies and practices offer the potential to alter in a significant way the landscape in which it operates. Henry Ford was in his time an innovator in offering ‘cars for the masses’. He introduced to the car industry methods and systems innovative in their day. Ford needs once again to forge new paths to ensure future competitive advantage . Executives at Ford have been considering the ‘Direct Model’ created by Dell Computer Corporation and finds that there is considerable appeal. Dell has been able to speed up inventory velocity such that there is only eleven days of inventory on hand. This has led to an inventory turnover…

Analysis of Ford Motor Company’s

Ford Motor Company (FMC) manufactures and sells vehicles worldwide. The company has two business segments that include automotive segment and financial services. Ford carries out operations in North and South America, Europe, Asia and Africa. Hence, the company has to ensure that its operations are working effectively to meet its organizational objectives. The company also has to ensure that its operations management strategies are adequate to provide maximum benefits to the company. Domestic car manufacturers are facing intense competition from foreign vehicle manufacturers such as Toyota, Honda, Nissan, Mercedes Benz, BMW and Audi just to name a few. There is thus the need to manage operations so as to improve efficiency, reduce costs and in the process achieve competitive advantage….

Ford Motor Company

Ford motor company manufactures or distributes automobiles across six continents. The company’s automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. Under the leadership of CEO Alan Mulally, Ford Motor Company transformed their manufacturing operations to enable a complete turnaround of fortunes between 2008 and 2010. In 2010 it announced a profit of $2.7 billion dollars,1 its first since 2005, and sales during that year made it the world’s top-earning automaker.2 In 2011, the company has seen steady growth and now, in 2012, has posted a 14 percent increase in February US sales versus 2011 levels.3 In 2012, the focus for Ford Motor Company will not be on recovery, but rather on innovation and…

Strategy and Structure Case: Mercedes-Benz

Mercedes-Benz Mercedes-Benz, world-renowned as a manufacturer of luxury automobiles, was the automotive division of Daimler-Benz AG, Germany’s largest industrial group. Daimler-Benz was created in 1926 by two of Germany’s automobile pioneers, Gottlieb Daimler and Karl Benz, each of whom had been active in early designs of motorized vehicles. Following World War I, with Germany’s economy in shambles and with Ford Motor Company establishing itself as a world leader in passenger automobiles, Daimler and Benz agreed to merge their firms. As the German economy revived during the 1930s, Daimler-Benz prospered. Over the next years, Mercedes-Benz established a reputation as an automobile manufacturer of high quality and superior engineering. Although most of Daimler-Benz’ factories were destroyed during World War II, strong demand…

Case Analysis Ford Motor Company

Introduction Ford Motor Company is one of the largest multinational automaker in the world and part of the Detroit Big Three, along with GM and Chrysler. Since its inception in June 16, 1903, Ford has gone through many ups and downs. Competition from domestic and international manufacturers, globalization, advancements of technology and the great economic downturn in 2007-2008 meant that Ford had to rethink several of its strategic decisions if it had to survive in the marketplace. When Henry Ford started the company, automobiles were a luxury good that could only be afforded by the rich. He wanted to provide these vehicles to the general public at an affordable price, because Ford believed that this product had the potential to…

Financial Aid Appeal Letter

My name is Ali Shaheed and I am writing to appeal my suspension from financial aid. I hope that you will reconsider your decision and grant my financial aid. I would like to begin thanking you in advance for taking the time to read this letter and consider my request to reinstate my financial aid at Henry Ford Community College. I take full responsibility for my unsatisfactory completion rate, but I would like to explain the circumstances. I started my first semester at HFCC in winter 2012, and I failed to attend my classes due to my mother being sick, and I had to rush her to the hospital every other day. I had to take care of her because…

Ford Motor Company Case Study

Question 1. During the year 2006, Ford Motor Company suffered its biggest operating loss to date at the cost of $12.6 billion. A year later in 2007, things didn’t improve much as Ford posted a $2.7 billion loss. This corresponded with increasing deterioration in market share, with the majority of these losses being captured by other competitors. Ford had seemingly fallen down a slippery slope, and found itself in a hole it was struggling to surface from. This was all gearing up to the three-year recession that hit the U.S. and Global economies extremely hard. Ford’s competitors, General Motors and Chrysler, found themselves also struggling to get a foothold suffering such losses that both companies had to ask the government…

Critical analyse of the external and internal environments

From the long run, the economy will only be developed better than before, as long there are no large scales of wars. If the economy in the world is developing in a steady and healthy way, the demand for the cars will be larger and larger. The fact that the number of Japanese cars assembled in North American will soon reach 2 million per year will lead to the oversupply, so it is likely to threaten the price structure of the U.S. auto market and in the meantime, it will bring about negative impact on the revenue of the automotive businesses in the U.S. market. 3.3 Social factors As long as the customers have a certain level of buying power,…

Ford Motor Company Analysis

Executive Summary Ford Motor Company is an American automobile manufacturer founded and headquartered in Dearborn, Michigan but incorporated in the state of Delaware. The company was started by Henry Ford in 1903 and is historically famous for the creation and implementation of the assembly line in manufacturing processes. Ford’s mission is to produce and sell automobiles – cars, trucks, SUVs, etc – from the ones initially designed and engineered by Henry Ford all the way through the newer versions created in the last few years. (Profitable Growth for All, 2012) In 2011, the company performed strongly – producing revenues of $134,264,000,000 and net income of $20,213,000,000. Financial data has been gathered from the 2011 annual report and 10-K forms filed…

Learnings in Operations Management from Henry Ford, Sloan and Toyota

The success of Henry Ford till 1925s Henry Ford did not invent the automobile. He didn’t even invent the assembly line. But more than any other single individual, he was responsible for transforming the automobile from an invention of unknown utility into an innovation that profoundly shaped the 20th century and continues to affect our lives today. Model T (A car for everyman) In simple terms, the Model T changed the world. It was a powerful car with a possible speed of 45 mph. It could run 25 miles on a gallon of gasoline. It carried a 20-horsepower, side-valve four-cylinder engine and two-speed planetary transmission on a 100-inch wheelbase. It was Henry Ford’s foresight which saw the potential market of…

Texas Instruments

After thoroughly analyzing the information available on TI, I have identified three critical issues that need immediate attention. These include the capacity crunch in meeting forecasts, expectation to reduce the cost per watch, and a lack of efficiency of the workers. In order to tackle these issues, I recommend reducing the cycle time, increasing capacity in subsequent years, and increasing worker efficiency. These recommendations will enable you to achieve the targets and put TI on the path of success ISSUES Capacity crunch: As per the forecasts for world market demand for electronic watches, the current capacity at TI is insufficient. In order to cater to this increasing demand, the capacity needs to be enhanced. The technological advancements have prompted the…

Successful leader: Alan Mulally

Allan Mulally has been CEO and president of Ford Motor Co. since September, 2006. Before he joined Ford, Mulally served as a president and CEO of Boeing Commercial Airplanes from September 1998 to September 2006. He holds a bachelor’s and Masters of Science degrees in Aeronautical and Astronautical Engineering. Also, he earned a Master’s in Management from the Massachusetts Institute of Technology. Alan Mulally is an inspired leader that holds wisdom to become a successful leader. He turned Ford Motor Co. from an almost bankruptcy company to a profitable company. Microsoft Co. wants to swift Mulally away Ford, but Mulally make a right choice to stay where an successful leader should be. In the 103 years of being an automobile…

Henry Ford

Henry Ford made many contributions to the American economy during the 1920’s. He was a very skilled and intelligent man at that. Henry was born into an Irish immigrant family on a farm in Wayne County, Michigan. He became Chief engineer of the Edison Company in Detroit during 1888. In 199 he organized that Detroit auto mobile and in 1903 he introduced the ford motor company model T manufactured in 1908. He was believed to sponsor the development of the moving assembly line in 1914. Henry Ford made a major contribution to American society with several things such as the car industry, assembly line, and the way he treated his workers. After several trial of building cars and companies in…