REPORT Prepared by:
SYED Faizan Iftikhar
Parham Ailia
Hammad HASsan Bajwa
MUHAzzib-uddin-FarooqUi
Ahsan Yameen
Table of Contents
Founder of FORD: 4
Introduction: 5
Background and History: 6
Vision and Mission: 7
International Products : 8
PRODUCTS AND SERVICES: 9
MARKETING STRATERGY OF FORD: 10
TECHNOLOGY & RESEARCH AND DEVELOPMENT OF FORD: 11
Selected Financial Data. 12
Sponsorship Activities: 13
Ford Child Companies: 14
Conclusion and Recommendation: 15
Founder of FORD:
Henry Ford, the founder of Ford Company was born in July 30, 1863. He was an American Industrialist and the sponser of the development and assembly line technique of mass production. Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist, the founder
…show more content…
Vision and Mission:
Ford Motor Company is the fifth largest automobile manufacturer in the world. Ford’s mission statement guides the strategies needed to achieve or exceed this market position. A company’s mission statement defines the kinds of actions needed to fulfill organizational goals. On the other hand, Ford’s vision statement drives its global organization to reach higher performance levels. A firm’s vision statement specifies the desired future situation or condition of the business. In this case, Ford Motor Company’s mission statement and vision statement are determinants of the firm’s success and strategic direction in the international automotive industry. International Products
…show more content…
Based in Dearborn, Michigan, a suburb of Detroit, the automaker was founded by Henry Ford, on June 16, 1903. Ford Motor Company would go on to become one of the largest and most profitable companies in the world, as well as being one of the few to survive the Great Depression. The largest family-controlled company in the world, the Ford Motor Company has been in continuous family control for over 110 years. Ford now encompasses two brands: Ford and Lincoln. Ford once owned 5 other luxury brands: Volvo, Land Rover, Jaguar, Aston Martin and Mercury. Over time, those brands were sold to other companies and Mercury was
Therefore, Ford is part of almost every aspect of citizens in the World State lives. They respecting Ford because technology is the most important part of their society and Ford is the one who started the mechanized factory production. Likewise, the people in the World State are referred as Fordians, they worship Ford, in the same way that Christians worship
Henry Ford played a major role in the economic and social changes that occurred in the 1920’s. In 1903, Henry Ford created the Ford Motor Company. He is known for making an inexpensive car made by skilled workers. He was able to make automobiles less expensive by inventing the moving assembly line. Instead of one worker building a car start to finish, each worker was in charge of building a specific section.
Name of Industrialist: Henry Ford How did he acquire his wealth? He acquire his wealth by being a self-made man, that revolutionize the car industry in the 90’s. How he (or his related industries) treated workers? Ford manage to lowered the cost of manufacturing, while providing a wage correspondent to more than double of the previous average.
At a young age Ford taught himself to fix watches which taught the young Ford on the basics of machines. However, when Ford got older he actually did not start in working in machinery in fact he actually started his career in farming to support his family. Soon Ford's natural talents
Henry Ford greatly contributed to the American people. He should be classified and remembered as a Captain of Industry because of his industrial contributions such as the revolutionization of how people used transportation and by helping increase the economy through his 1908 Model T automobile. Henry Ford set great examples for other businessmen with his creation of the assembly line,making the production of industrialized goods faster and easier. Henry Ford used tactics to build his empire such as making the Model T affordable for everyone,good wages for his labor, and buying out other shareholders. With his great generosity and acts of philanthropy,he paid his employers more than average and also supported the people(affordable prices).
First of all, Ford was dropped off on earth and ended up staying there for 15 years. He gave himself the name, Ford Prefect and named himself after a car. Obviously trying to make it less noticable that he wasn 't from earth. Douglas Adam describes Ford as someone who if they were given the choice to save the entire universe or go to a party, Ford would choose to go to the party. Ford is suppose to be a guide or mentor but is not very effective.
This was life in 1910. Henry Ford is the creator of many things and that 's what we will be talking about in this speech his greatest inventions like the assembly line the millions of his great model cars and his ever famous trade mark company Ford.
Although Henry Ford began the Ford Motor Company in 1903, it was not until 1908 that his business began to grow and become successful. In 1908 Ford first released the Model T automobile at a price of $825.00. He was able to offer the vehicle at such a low price because in the process of producing the Model T he also developed and perfected the moving assembly line. This reduced the assembly time by over fifty percent, which in turn reduced the price of the automobile. The Ford Motor Company has continued to grow and after over a century of being in business it is now worth around $199 billion.
Well, Ford got the name from Henry Ford, who was born on July 30, 1863, in Wayne County, Michigan and died April 7, 1947, in Dearborn Michigan. Henry Ford was an American automobile manufacturer who created the Ford Model T, the very first drivable and functional car in 1908 and went on to develop the assembly line mode
The model T was the longest production run of any automobile in history (The Roaring twenty’s 8). Ford was efficient by the way they had made things mass produced. Henry ford kept his prices low by sticking to single products. The developed interchange parts. In 1929 the stock market started to crash.
Recognizing an organization’s mission and values in the strategic planning process is always the first step. To a few organizations, this step would include revisiting and occasionally reworking the mission and values if necessary. To some organizations, it would be the first time they are sitting their mission and values. “Mission statements define the nature, purpose, and role of organizations; focus resources; and guide planning” (Keeling 213). They represent the route wherein the organization is proceeding.
Ford became America’s Premium brand in automobiles. In addition, he built the Rouge Plant which is the most efficient car factory at the time. This plant differed from others in that it fully utilized the assembly line and it was totally self-sufficient. It made steel from iron ore,
It relates to the purpose of the company and what they want to achieve in the future. The mission goes beyond the vision as it explains the company’s goals and objectives more clearly. It also mentions how this will be accomplished. The last step is to create a strategy based on the defined vision and mission. (Miller, 2014) Tesla’s mission is ‘to accelerate the advent of sustainable transport by bringing compelling mass market electric cars to market as soon as possible’.
Ford motor company 's organizational structure is based on business requirements under the condition of different markets around the world. Enterprise organization structure defines the components and their interaction system configuration. In the case of ford, the organization structure is directly related to the status of the global auto industry. Ford 's international operations also decided against competition and the key structure components required for market risk. In this respect, as the second largest U.S. automakers ford is to show the effectiveness of its organisational structure to support continuous business growth and high performance.
Ford motors charges ahead into globalization 1. Identify influences from the classical, behavioral and quantitative viewpoints in the way the Ford Motor Company is managed today. Classical viewpoint includes: For achieving efficiency upgrading of technology is done regularly. Ensuring efficiency and effectiveness principle of classical theory. Designing and manufacturing of Escort size cars carried out at different locations.