Thesis Statement For Ford Motor Company
Thesis Statement For Ford Motor Company
Company is a daunting task. It requires meticulous research, in-depth analysis, and a thorough
understanding of the company's history, current standing, and future prospects. From exploring
Ford's innovations in the automotive industry to dissecting its business strategies and impact on
global markets, the process demands keen attention to detail and a comprehensive grasp of various
disciplines such as economics, marketing, engineering, and management.
One of the primary challenges in writing a thesis statement for Ford Motor Company is the
abundance of information available. With over a century of operations, Ford's journey is rich with
achievements, setbacks, and transformations, making it essential for researchers to sift through a vast
array of data to identify key themes and trends. Additionally, the dynamic nature of the automotive
industry means that the landscape is constantly evolving, requiring scholars to stay abreast of the
latest developments and market dynamics.
Moreover, crafting a thesis statement that offers fresh insights and contributes to the existing body of
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It raises serious questions of corporate governance issues. General Motor's Master's Thesis power
point 1. Ford Motor. The company had increased its sales in 2010 compared to that in 2009. (See
Appendix 1) (Niedermeyer, 2010) Sense Though Ford is ranked as the leading auto manufacturers in
the world, it has faced an array of problems ever since its inception. Henry Ford designed his first
moving assembly line in 1913. Concept: To understand the concept behind the technique of
Statistical Process Control, it is necessary to revise some basics of normal distribution and
approximate confidence intervals. This helps in evaluating whether the range of the data would
enable production of what is required from it. The financial crisis led to a redesign on the company’s
strategy where the modified plan emphasized on aggressive restructure of the company to deal with
the declining demand and changing needs, investment and focus on fuel efficient vehicles to satisfy
customers requirements and most importantly to improve the balance sheet by working in unison
having the common goal of maintaining the brand image of Ford Motors as the quality leader in the
automobile industry. But during the later parts of 2009 Ford started climbing up the ladder by
recording better quality of the cars. As a market leader, Ford’s supply chain ought not to stop at
being fast or cost-effective but should be responsive enough to respond to any change in the
markets, be it change in supply or demand or unexpected market change. Employees should be
regularly compensated with bonuses and awards. Amid the financial crunch the company has been
severely impacted in terms of declining sales having a corresponding repercussion on its global
ranking further fueled by the automotive crisis of 2008-2009. Agarwal (2004) explains how getting
hit with unexpected or unreasonable currency devaluations in the foreign countries in which they
operate is a nightmare for global operations managers. Contents include complete name,
headquarters, brief business description, company history, number of employees, shareholder
structure, basic financials, organisation structure, worldwide presence, Tesla motors has taken a
different approach in EV technology and I think its paying off. But C-Max is expected to hit the
market only in 2013. For instance the “thumbie” award is handed over to employees who are
proficient, show strong commitment to work and to customers. Based in Dearbon, Mich the
company is involved in manufacturing and distribution of automobiles across six continents with
about 201,000 employees working in its 90 plants worldwide (Baki, 2004). Ford’s extreme focus on
its customers and value helped the company to be back in momentum even after it faced the biggest
crisis recently. This paper outlines the business model of the company, management structure,
modern situation, business products, and customers, value chain and diversification. This will
increase customer loyalty to the brand and allow for long term data to be studied on the durability of
parts that are entering Ford’s supply chain from their various suppliers. In my opinion, the focus
should be placed on upgrading its supply chain management. Mr Ford identified that sustainability
was going to be a long term strategic priority and there was a clear business case for reducing
resource use and developing innovative “green” and safer products and technologies. Now we
should look at the cost benefit analysis of the above selected alternatives to conclude whether they
are really feasible for the company at the present condition. Opt. Cost Benefits Tangibles 1. Ford’s
management was also under the wrong impression that it was handling its employees well. He likes
to communicate and understand the issues of. Poor sales were the reason for discontinuation of all
the three brands. Besides, the company conducts business with commercial fleet customers,
governments, and leasing companies where it offers its General Motors has survived major economic
whirlwinds that have rocked the United States and the global automobile industry. The project aims
to bring forth the analysis of the corporate structure of a global organization. Setting some goals
Optimizing your workflow Let’s get moving. In fact, Ford started planning for a Hybrid only in the
year 2000 when Mr. Bill Ford took over as CEO while the Japanese companies have started thinking
about it decades before. This paper is meant to discuss the purpose of an income statement and how
it reflects the organization's financial status.
The two main divisions of Ford are Ford and Lincoln brands. How do hotel linen suppliers
contribute to sustainable and eco-friendly pract. These are three important factors that Ford requires
at present. From 1997 to 2007, Ford’s United States market share plummeted. At the same time,
cutting back on production, downsizing and a drop in bonuses and raises continued to remain the
dominant strategy in combating the financial crunch. Even though the HR at Ford, downplayed this,
but layoff hit employees hard who become insecure of their jobs. There are many types of
information systems, but this paper mainly focuses on the ford motor company. When it comes to
Ford, the first hybrid model is the Escape Hybrid which is not well accepted in the market. Keep on
browsing if you are OK with that, or find out how to manage cookies. Ford should focus all their
marketing activities on the message of quality. Keep on browsing if you are OK with that, or find
out how to manage cookies. Compared to the competitors, Ford has less number of small cars. But it
failed to predict the industry requirements. Today, all investments in assets are need based and the
increase in fuel costs has seen a shift to public transport which might have serious repercussions for
the automobile industry in general. This eventually resulted in successful selling of the product as
customers showed satisfaction in using products that were based on such principles. But C-Max is
expected to hit the market only in 2013. This discussion will help to identify any area which is of
conflicting interest. Ford’s HR felt that they understood employee needs but they failed to realize
that employees were more desirable of flexible benefits and communication existed within the Ford.
The company’s recruitment process is rigorous and highly competitive, ensuring that only the most
qualified and talented individuals are hired for open positions. This made the eventual running of the
Japanese made cars much smoother than their American counterparts. However, Ford successfully
came out of the financial crisis through a drastic restructuring exercise. Unless the company takes
effort to improve the shareholder value, it cannot expect the investors to stay longer with the
company. These data are usually critical for investors and stockholders who decide on the
distribution of their resources. When it comes to employee satisfaction, Ford Motor Company takes a
proactive approach. This gave them an edge over the market by the time the hybrid markets
flourished. The company is rolling out the urban SUV Ford EcoSport in June 2013. The surplus that
is generated can also be used for further investments. Consumers are more likely to buy a car the
company is indigenous. The drop in demand for cars along with the increased fuel prices was a major
setback for the entire automobile industry and Ford being a global leader, suffered immensely.
Retrieved from Buttrey E. S. (June 2009). An Excel Add-In for Statistical Process Control Charts.
SCATTER PLOTS Signifies the correlation between two varying quantities certifying how one
becomes the cause of the other. Ford Motors faced the biggest ever financial trouble when it neared
bankruptcy in the later part of 2007. The main ratios in this context are the profit margin and the
gross profit margin, as well as earnings per share Epstein, 2014. We use cookies to create the best
experience for you. The carmaker’s hard work is paying off: Ford’s U.S. sales are up nearly 22
percent in this year. Implementing all these decisions will help Ford to improve their current position
and lead to better profitability. Well designed and accurate sheets enable accurate data entry. The
external environment in terms of the macro environment and market environment with regards to
opportunities and threats will also be evaluated. Amine Ayad May 15, 2011 Discuss the role of
leadership and how it can impact organizational performance. First, Ford needs to use IT to forecast
demand based on dealer statistics and then use this data to segment customers to anticipate industry
trends. Ford Motor Company started a revolution in the manufacturing field when it introduced the
mass production assembly lines early in the 20th century. Companies have realized the need to use
technology in order to capture the market need. The three discontinued brands of Ford are Edsel,
Merkur and Mercury. The 1990s were good years for the company as their pickup trucks, sports cars
and minivans became the demand of the century while the Taurus became one of the most prominent
passenger cars (Baki, 2004). The strategy has worked for the Ford Motors brand image since it was
launched. These policies are designed to make it easier for employees to manage their work and
home life responsibilities. The loans secured the company against bankruptcy for a further 30 years
although it posed a serious risk to the company since all its cherished assets especially its logo was
mortgaged against the loan. The Volvo takeover in 1999 served to improve the profitability of the
company at that time but the financial crisis dampened any future expectations from this transaction
resulting in a consideration to sell off the Volvo division (Millward, 2008). The managers running the
branches across the globe are empowered. Inis Muharemi. American multinational company
Automotive industry: Automobiles Car parts. By integrating this strategy amongst all of the suppliers
it will help the supplier speed up in time to market and make a positive difference in Ford’s supply
chain costs and customer satisfaction. These variations are also called as common cause variations.
Another factor that has influenced Ford’s growth over the years has been the success of other car
manufacturers within the United States such as: General Motors (GM) and Chrysler, which has
made the domestic market more competitive. They save on the time spent on creating marketing
materials and thus give the company an added advantage in doing other things that adds value to the
organizations operations. Also the fierce competition from the Asian automakers who had the added
advantage of low payroll costs, made Volvo division an unprofitable one in the near future where
Ford’s strategy involved huge cost savings through the manufacture of multiple models worldwide. It
started a breast cancer awareness campaign in which numerous celebrities were roped in. This vision
of sustainability was further emphasised by Bill Ford in 2005. The Volvo buyout by Ford intensified
competition in the market for executive and luxurious SUVs and sedans, and the rationalized
distribution of the Volvo cars by the strong established Ford network worked wonders for the
company. GM decentralized the decision making process to get the quick. The tendency for the
industry is to be a global producer of automobiles; parts can be made throughout the world and
assembled in many different places.