Sunday, June 9, 2019
Ford Case Study Example | Topics and Well Written Essays - 1500 words
Ford - Case Study ExampleSome of the subsidiaries include Mazda, jaguar, land rover, Aston martin, Volvo that were later sold off to other companies. The corporation has an employee capacity of most 213, 0000 employees globally that are distributed in its more than 90 plants and centers globally. The company is ranked among the top five globally leading manufacturers of automobile. In America it is the second largest vehicles manufacturer, in Europe it is the fifth and is ranked eighth among all companies in America.During its initial stages the company produced a few vehicle models but has increased the models over the long time to be more than fifty models. The company financial statements have been good withstanding the great depression, recession, bailouts and other difficulty periods. However the company encountered challenges in the 2000s which led to a decline in its finances and encountered huge loses and declined market share. The companys mission states one ford, one team , one plan, one goal which emphasizes the need for employees to scarper together as a team with a common goal of achieving success, profitability, fulfilling customers wants and needs under the changing global competition and technology. The company is committed to straits support to the community on various platforms for example education, agriculture sector and food banks. It invests highly in education which the company believes is important for future growth. The company has remained under family control from one generation to the next for more than 100 years. However the family has a minority share holding.The ford motor company experience serious financial problems between 2000 and 2008 which resulted to a lot of changes within the organization. The problems were as a result of both environmental and organizational issues. The problems brought by environmental issues included, one, blood-and-guts competition from other automobile manufacturers in the world which saw the co mpanys market share decline
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