FORD MOTOR COMPANY

Ford Motor Company

Ford Motor Company

Overview

Ford Motor Company is a worldwide leader in the automotive industry based in Dearborn, Mich. It distributes or manufactures automobiles across six continents. On 16 June 1903, Henry Ford founded the Ford Motor Company with a capital of 150,000 U.S. dollars, of which he invested $28,000 from his own pocket. With about 80 plants worldwide and about 176,000 employees, the company's automotive brands include Lincoln, Mercury, Ford, and until its sale, Volvo. It also offers financial services through its Credit Company!

The quality of the output due to decrease of hours! The target recorded is noteworthy because value is what persons yield for and the business should habitually ensure that the product is managing in a perfect manner and is accomplishing in the best concern of the customer. Since a business has taken more time in producing quickly does not show that the product still is assisting the identical purpose or engaging as it has before. Doing quick work is not a good idea anymore. It allows chance for mistakes and cause decline in profits if the performance is not there. Quality will only exist if the foundation of the work is arranged properly (Frank, 2002).

It is important to see how productive it is to appoint more persons than machinery from an income point of view. The second criteria are the goals or outstanding objective for a business or revenue. If you can purchase a machine that makes competently more than human then buying that machine would be really beneficial. The worth of a buying is significant because a business should habitually get back twice if not more on the return (Nevins, 2007). There is no requirement to invest in anything if there is not any benefit.

Is it more productive for staff to work under one roof or have various locations? It is furthermore an important decision. It is a well-known thing that different amenities run distinct modes due to different styles of administration. For demonstration most of the large businesses do not have the space to dwell every output location under one top covering, this is why some locations are necessary. On the other hand, they tried to evolve and sustain output of other kind of vehicle in North American plant (Wilkins, 2006).

Question # 2

In an alignment for the business to built-in flexibility in the conclusion of producing method, one way through double checking functional adaptation of the answer is available. This is because any alterations in future are possible to sway the profit margins and operations of the business. In an alignment to double check that the accurate conclusion is made and the value of the conclusion would furthermore be for the good of the business in the future, one benchmark to be used is the SWOT analysis (Batchelor, 2004).

This method considers the power of Ford Company and contrasts them with the weaknesses. It therefore categorizes the topic in a straightforward kind by accumulating all of the details and by looking at all ...