BUS 401 Week 5 FInal Paper
Evaluation Performance
Maranda Green
BUS 401
Prof Robert Watson
10 March 2014
Ford Motor Company
Henry Ford founded Ford Motor Company in the year 1903 at Dearborn, Michigan, USA and is known to have adopted practices that were not popular in those days. Henry Ford is popular for his practices that were unique in those days as he believed in revolutionary ideas and building revolutionary leadership. He practiced worker friendly policies, innovative methods of large scale car manufacturing and management of huge workforces. He designed a unique mechanism of flexible assembly lines with interchangeable parts that ensured that same part can be fitted in multiple models of the products.
In 1911, the first production unit outside the USA was established in the UK by Henry Ford by converting a tram works at Trafford Park south of Manchester The Car Maker is known for their famous “Model T” and the unique innovation of interchangeable parts in moving assembly lines that makes it possible to assemble cars at low cost and high reliability. Ford Motor established an impressive financial track record almost throughout the 20thCentury (barring the record loss of $7 billion in 1992) till the Millennium started. Ford Motor Company incurred a financial loss of about 5.45 billion dollars in 2001 and never really recovered confidently after this slump. It is said that the Ford 2000 initiative of Lord AlexTrotman was the primary reason for a financial downturn of Ford Motor Company. Ford Motor Company investigation shows terribly unscrupulous profit for values, yet the profit for stakes and put capital have been some way or another in positive (with the exception of 2006). This implies that while Ford Motor Company has displayed unpleasantly awful execution for gurus in 2007 and 2008, they have had the ability to slice their expenses considerably to spare the organization from liquidation. The current proportion went terrible in 2006 generally is looked
Maranda Green
BUS 401
Prof Robert Watson
10 March 2014
Ford Motor Company
Henry Ford founded Ford Motor Company in the year 1903 at Dearborn, Michigan, USA and is known to have adopted practices that were not popular in those days. Henry Ford is popular for his practices that were unique in those days as he believed in revolutionary ideas and building revolutionary leadership. He practiced worker friendly policies, innovative methods of large scale car manufacturing and management of huge workforces. He designed a unique mechanism of flexible assembly lines with interchangeable parts that ensured that same part can be fitted in multiple models of the products.
In 1911, the first production unit outside the USA was established in the UK by Henry Ford by converting a tram works at Trafford Park south of Manchester The Car Maker is known for their famous “Model T” and the unique innovation of interchangeable parts in moving assembly lines that makes it possible to assemble cars at low cost and high reliability. Ford Motor established an impressive financial track record almost throughout the 20thCentury (barring the record loss of $7 billion in 1992) till the Millennium started. Ford Motor Company incurred a financial loss of about 5.45 billion dollars in 2001 and never really recovered confidently after this slump. It is said that the Ford 2000 initiative of Lord AlexTrotman was the primary reason for a financial downturn of Ford Motor Company. Ford Motor Company investigation shows terribly unscrupulous profit for values, yet the profit for stakes and put capital have been some way or another in positive (with the exception of 2006). This implies that while Ford Motor Company has displayed unpleasantly awful execution for gurus in 2007 and 2008, they have had the ability to slice their expenses considerably to spare the organization from liquidation. The current proportion went terrible in 2006 generally is looked
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