Sunday, May 24, 2020

Ford Motor Company The Song Comes - 1637 Words

When I think of Ford Motor Company the song comes in my mind, Mustang Sally, think you better slow your mustang down, you been running all over the town now, I guess I have to put your flat feet on the ground, all you want to do is ride around Sally, ride, Sally, ride. A good looking man is driven a red convertible mustang with a woman riding on the passenger side with a white scarf on her head as well as the lady is wearing a red satin top along with having on plan make-up with candy apple red lipstick to bring out her lip with the color of the car. Ford Motor Company is an American made car automobile manufacturer in the world. Ford was founded by Henry Ford, on June 16, 1903. Their headquarters are located in Dearborn, Michigan, the†¦show more content†¦Prior to implementing the One Ford mission statement, the company now focuses on creating consistency in product and service design and quality globally. The mission statement emphasizes teamwork to achieve synergy at For d. The One Plan and One Goal components improve business performance and achieve the global leadership point in the company’s vision statement. (Bartkus, 2006) Ford Motor Company is the world’s fifth largest automobile maker based on vehicle sales. Ford Motor Company exercise the Five Forces analysis. Michael Porter developed the Five Forces analysis model for analyzing the external factors in firms’ industry environments. Ford obligation is to enroot policies and approaches that reciprocate the most convincing forces based on the company’s external factors in the global automotive industry. Considering competition is the most compelling external force in the automotive industry environment. Ford watched their strong and moderate force see what area they need to pinpoint work in. The Competitive rivalry was their strong force, bargaining power of buyers or customers, bargaining power of suppliers and threat of substitutes was their moderate force and last threat of new entrants or new entry was their weak force. After gathering the information Ford result of the Five Forces analysis shows that competition

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