...the Ford Motor Company. Unionization within the Ford Motor Company is existent in part because of the company’s size. The purpose of this article is to provide background on the Ford Motor Company, identify legal issues and obstacles, discuss laws that may be broken in regards to legal issues and obstacles, provide litigation recommendations, outline the benefits of unionization, define the unionization process, and discuss union bargaining and its effects. Ford Motor Company: Background The Ford Motor Company is an automobile manufacturer responsible for the production of cars, trucks, sports utility vehicles (SUVs), commercial trucks, and auto parts. The company was found by Henry Ford in 1903 and is well-known as one of the largest automobile manufacturers. Another level of responsibility the Ford Motor Company has taken on is vehicle financing. The Ford Motor Company operations are extensive with branches in North America, South America, Africa, Europe, Middle East, and Asia Pacific (Ford, 2012). The company operates numerous plants worldwide and employees thousands of employees some of which are United Autoworkers (UAW). Legal Issues, Obstacles, & Broken Laws The Ford Motor Company is one of three automobile manufacturers whom are a part of a union known as the United Autoworkers (UAW). With the downturn of the United States economy, the Ford Motor Company along with its competitors experienced record losses. The UAW began negotiations in 2007 with the Ford Motor...
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...will review the outcomes of the SWOT analysis conducted for Ford Motor Company. The SWOT analysis will look at the strengths, weaknesses, opportunity, and the threats that Ford Motor faces. Next, part II of the business analysis will review Fords income statement, balance sheet and cash flow to determine the financial health of the company. Last, part III of the business analysis will review the strategic initiatives of Ford Motor Company relating to the organizational and operational adaptations to the changing automobile market. SWOT Analysis The reduced availability of fuel and the economic distress of Ford suppliers place the company in potential risk. The world has experienced great woes in regard to fuel availability. Events beyond car manufactures control have caused consumers to take a second look at the way they purchase automobiles. As gas prices increase consumers seek price effective ways to travel and transport goods. SUV’s, V-8 engine cars and other gas guzzling vehicles abate consumer purchases. Ford must combat the potential risk of consumer purchase decline by producing fuel efficient vehicles while making up profit losses in the slump of sales in major Ford models such as the Expedition, Explore and the F-150, super Duty and Ranger. The following will review the outcomes of the SWOT analysis conducted for Ford Motor Company. The SWOT analysis will look at the strengths, weaknesses, opportunity, and the threats that Ford Motor faces. Finally the...
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...of this project proposal is to compare and contrast General Motors and Ford which have undergone fairly substantial change in the recent past; and how they handled the pressure of change. Lapratt04@yahoo.com HRM-587-12043 Managing Organizational Change Professor Joseph Phillips Due September 7, 2014 Abstract Ford and GM experienced serious issues during the pre and post TARP causing them to restructure and change how they do business. Each of them reacted to these pressure differently. Ford Motor Company as one of the greatest automobile manufacturers of all time started under the leadership of Henry Ford in Detroit, Michigan. His first production was in 1903, the Model A, with an under the floor engine selling for $850. In the first season it sold 1,708 cars (HISTORY of Ford Motor Company, 2014). Whereas General Motors was founded in 1902 by William Durant, who saw that the automobile would one day replace the horse-drawn carriage. The company did not really catch on until 1908, and at first, it was just a Buick holding company. At the end of 1908, however, GM had acquired Oldsmobile, and in 1909, they bought Cadillac, Elmore, and Oakland. The early 1900s were a difficult time for auto manufacturers; the market crash of 1907 adversely affected a lot of small companies, which relied on the banks for credit. Durant saw the economic downturn as an opportunity; he bought smaller car makers, as well as companies that built auto accessories and parts. In 1908, these were...
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...STRAYER UNIVERSITY | Business diversifications of Boeing and Ford Motors | Victor Adejayan | | PROFESSOR WALTER WILLIAM DINGMAN | BUS 508 | A qualitative analysis of the diversification efforts of Boeing and Ford Motors. | Diversification:- Diversification is the process of entering new business markets with new products. Such efforts may be undertaken either through acquisitions or through extension of the company's existing capabilities and resources. The diversification process is an essential component in the long range growth and success of most thriving companies, for it reflects the fundamental reality of changing consumer tastes and evolving business opportunity. But the act of diversifying requires significant outlays of time and resources, making it a process that can make or break a company. Small business owners, then, should carefully study diversification options—and their own fundamental strengths—before proceeding (Gale Encyclopedia of Small Business). Barron’s Marketing Dictionary defines Diversification as; Corporate growth strategy whereby a business builds its total sales by acquiring or establishing other businesses that are not directly related to the company's present product or market (Barron's Business Dictionary). Barron also identified the three major diversification strategies as the following; Concentric diversification, where the new business produces products that are technically similar to the company's current...
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...either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student's Signature ***************************************************************** Instructor's Grade on Assignment: Instructor's Comments: Ford Motor Company Balanced Scorecard and Strategy Map Contents Executive Summary: 3 Background: 4 Financial Strategy: 7 Customer Strategy: 8 Internal Processes Strategy: 9 Learning and Growth Strategy: 10 Conclusion: 11 References 12 Ford Motor Company Balanced Scorecard and Strategy Map Executive Summary: Ford Motor Company was incorporated June 16, 1903 by Mr. Henry Ford with only $28,000 in capital. Ford Motor Company drew quick success and gained a clear advantage over future competitors with the ability to produce an affordable, efficient and reliable automobile for everyone (scope). In pursuit of efficiency and lowering costs, Ford in 1913 introduced the moving assembly line into his plants, a revolutionary idea that would change the automobile industry because of its ability to increase its production. Two other American made automobile manufactures’, known as, Chrysler and General Motors moved into Ford’s Detroit neighborhood wanting to share the profits of this new innovation. Together, they would be called Detroit’s “Big Three” and all three equally responsible for the industrialization and progression of Detroit, Michigan....
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...SWOT Analysis Ford John Smith MGT/521 January 9, 2012 Daniela Schultz, MBA SWOT Analysis Ford Located in Dearborn, Michigan, a suburb of Detroit, Ford Motor Company is an American automaker and the world's fifth largest based on worldwide vehicle sales. The company was incorporated on June 16, 1903 and founded by 40 years old Henry Ford. Among the few companies to survive the Great Depression, the company would also become one of the largest and most profitable companies in the world. Additionally, the company is the largest family-controlled company in the world, for over 100 years the Ford Motor Company has been in continuous family control. In 1899, Henry Ford founded the Detroit Automobile Company. The company failed, and in 1901 was reorganized as the Henry Ford Company. In 1902 Ford had a falling out with his financial backers, and left the company with the rights to his name and 900 dollars. Henry M. Leland was brought in to manage the operation and their name changed from The Henry Ford Company to Cadillac, and went on to be a successful manufacturer of automobiles. Henry Ford is known to have adapted practices that were not popular in those days. Their famous “Model T” and the unique innovation of interchangeable parts in moving assembly lines that make it possible to assemble cars at low cost and high reliability are what the Car Maker is known for. The company established an impressive financial track record almost throughout the 20th Century except for...
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...Ford Motor Company a Big Three Giant As a manager of a venture capital group, whose capital gains derived from mutual fund investments, and who seek to invest in Ford Motor Company, and analyzing possibilities of investing in mutual fund profits in Ford Motor Company. The company exhibits strength when recent borrowing occurred from the United States government by two of the big three car manufacturers took place. Ford remained defiant, self-sustaining, determined, and marched forward with current capital, and succeeded furthering profits and sales of Ford’s product line. This is a good indicator of stability-singularly, but there must be an in depth study of the business to obtain pertinent data and justifying investment of venture capital. Currently completing a thorough analysis of Ford’s portfolio topics covered includes stability, weak points, seizing opportunities, and last outside influences threatening the stability of the company. Stability Ford Motor Company is a global automotive industry, which manufactures, and distributes automobiles across six continents. The company also engages in other businesses to include financing vehicles the company sells for its customers (CNN Money.com para. 1). The stock average has risen from $10.59 to $10.66 as of close of business September 19th, 2012 (New York Stock Exchange, 2012). This is a good indicator that Ford is on the rise as a giant among the automobile industry. However, other factors are under advisement, and consideration...
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...Ford Motor Company a Big Three Giant As a manager of a venture capital group, whose capital gains derived from mutual fund investments, and who seek to invest in Ford Motor Company, and analyzing possibilities of investing in mutual fund profits in Ford Motor Company. The company exhibits strength when recent borrowing occurred from the United States government by two of the big three car manufacturers took place. Ford remained defiant, self-sustaining, determined, and marched forward with current capital, and succeeded furthering profits and sales of Ford’s product line. This is a good indicator of stability-singularly, but there must be an in depth study of the business to obtain pertinent data and justifying investment of venture capital. Currently completing a thorough analysis of Ford’s portfolio topics covered includes stability, weak points, seizing opportunities, and last outside influences threatening the stability of the company. Stability Ford Motor Company is a global automotive industry, which manufactures, and distributes automobiles across six continents. The company also engages in other businesses to include financing vehicles the company sells for its customers (CNN Money.com para. 1). The stock average has risen from $10.59 to $10.66 as of close of business September 19th, 2012 (New York Stock Exchange, 2012). This is a good indicator that Ford is on the rise as a giant among the automobile industry. However, other factors are under advisement, and consideration...
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...Raju Sharma COMPARING AND ANALYZING FINANCIAL STATEMENTS TO MAKE AN INVESTMENT DECISION Case Study of Automotive Industry Business Economics and Tourism 2012 1 VAASAN AMMATTIKORKEAKOULU UNIVERSITY OF APPLIED SCIENCES Bachelor of Business Administration ABSTRACT Author Title Raju Sharma Comparing and Analyzing Financial Statements to Make an Investment Decision: Case Study of Automotive Industry. Year 2012 Language English Pages 72 + 5 Appendices Name of Supervisor Jukka Paldanius The purpose of the thesis was to evaluate and compare the financial statements of different companies to rate their performances. The emphasis was to be able to choose among several companies the best one to invest in. The aim of the study was met by comparing the risk of different companies, their rate of return, future trends and their strengths and weaknesses. In the theoretical section of the thesis different factors affecting the capital market were discussed, with the focus being on the risks of an investment. Basic financial statements and ratios were discussed briefly. Next cross sectional and time series techniques to compare the financial statements and ratios were revealed. Most of the information from the theories was later on used in the empirical part of the thesis. In the empirical study, initially the financial statements of different companies were taken to compute the ratios, risk, average return, to make trends and common size statements. Then a quantitative interpretation...
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...STRAYER UNIVERSITY ACCOUNTING GRADUATE CAPSTONE – ACC 599 Assignment: – Ford Motor Company AHMED M. KAMARA DR. TONY SOMATHITI April 19, 2012. Introduction Ford Motor Company, a global automotive industry leader based in Dearborn, Michigan, manufactures or distributes automobiles across six continents. With about 164,000 employees and about 70 plants worldwide, the company’s automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company.Ford Motor Company completed its third year in a row of improved annual operating profits and announced the reinstatement of paying quarterly dividends for the first time in over five years. The automobile industry continues to face a number of challenges, including ongoing economic uncertainty, rising fuel and commodity costs, and the need to reduce CO2 emissions. (www.corporate.ford.com.) In the light of this, this research paper will focus on Ford Motor Company as it discussed the related issues below: 1. Based on the most recent quarter pre-tax operating profit, project the profit for the next four (4) quarters assuming that the U.S economy stays the same as today, declines into a recession and modestly improves. Explain the assumptions made to support your calculations. The most recent quarter pre-tax operating profit was $1.1 billion which is the 4th quarter profit in 2011. Projection for the next 4 quarters in 2011 will be base on the trend from quarter 1 to quarter 4 in 2011 depicted...
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...Alan Mulally, CEO, Ford Motor Company Dr. Daniel C. Frost Leadership and Organizational Behavior- BUS 520 November 16, 2011 Strayer University-Allentown Campus Alan Mulally, CEO, Ford Motor Company 1. Discuss the role of leadership and how it can impact organizational performance. Answer: Leadership is the process of developing ideas and visions, living by values that support those ideas and that vision, influencing others to embrace them in their own behaviors, and making hard decisions about human and other resources (Hellriegel & Slocum, 2011, p. 290). Whereas according to Richard et al. (2009), organizational performance comprises the actual output or results of an organization as measured against its intended goals and objectives. Effective leadership is a personal role that requires the blending of motivational, strategic and management skills to align focus, energy and drive while creating a culture that encourages individual thinking and attainment. For a leadership to impact organizational performance positively, said leadership has to posses the four leadership traits of intelligence-successful leaders tend to have somewhat higher intelligence than their subordinates; maturity and breadth-successful leaders tend to be emotionally mature and have a broad range of interests; achievement drive-successful leaders are result oriented; when they achieve one goal, they seek another and integrity-successful leaders, over the long term, usually...
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...Segments…………………………………………………………………7 Competition…………………………………………………………………………9 Governmental Standards………………………………………………………….10 Corporate Governance ...…………………………………………………………11 Legal Proceedings…………………………………………………………………11 Trends & Strategies……………………………………………………………….12 Risks………………………………………………………………………………..13 Risk Factors……………………………………………………………………….15 Analysis of Financial Statements and Ratios…………………………………..16 Conclusion…………………………………………………………………..…….17 Bibliography………………………………………………………………………19 Attachments: A – Income Statement for 5 Years B – Balance Sheet for 5 Years C – Horizontal Analysis of Income Statement D – Horizontal Analysis of Balance Sheet E – Company’s Rations compared to Industry Averages Industry Overview: The automobile industry is comprised of companies that design, manufacture, engineer, assemble, and market automobiles and motorcycles and provide leasing and financial services. Industry performance is closely linked with economic performance. The auto industry represents one of the largest segments of the U.S. economy. The U.S. industry is dominated by the Big Three, General Motors, Ford Motor Company, and Chrysler. The auto industry employs nearly 6.6 million people nationwide which represents about 5% of private sector jobs. Surging oil prices have shifted demand away from SUV’s and light trucks to more fuel efficient options. This change in consumer preferences has caused German, Japanese, and Korean manufacturers market share of the industry to...
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...Business Analysis: Ford Motor Company Milan C. Kelly MGT 521 Christopher Romano August 1, 2011 Abstract In recent years several American corporations have seen record low sales and profit accumulation. Ford Motor Company is a company that has made steps toward improving sales, profit, and meeting the needs of all stakeholders. As a mutual fund manager, I will examine the SWOT Analysis, financial statements, and trends in the market to determine if Ford Motor Company is a wise investment. Recently, Ford has changed to make the company more appealing to investors. Strengths in the company include: strong engineering capability, extensive dealer network, diversified product base, and a strong market position. Ford’s focus in improving their automobile’s engineering capability is fuel efficiency and safety. The improvement of these characteristics is more appealing to consumers and allows this company to further develop the product line. With an extensive dealer network of 17,107 Ford could market and sell automobiles globally. Acquiring such a large global distribution permits Ford to meet the demands of the market as well as their consumers. The diversified product portfolio gives Ford an advantage over the competition. New and updated vehicle models such as small, mid-size, and premium sedans, pickup trucks, compact, and sports utility vehicles give consumers of different demographics a wide range...
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...Economy Shipping Company (Abridged) Question 1. What are the relevant cash flows under each of the two alternatives? And in what years do they occur... Save Paper * Hgfdsaswe In the spring of 1950 the controller for Economy Shipping Company was asked to report on whether or not the company should refurbish an old steamboat, the... Save Paper * Current Trends In The shippIng Industry speed to maximize profit. With the intention of cutting costs of fuel, ocean shipping companies are instructing their Captains at sea to throttle back the engines... Save Paper * Marketing Plan For a Mock Company This is indeed a trend that is expected to become more, and more popular while the economy struggles. Companies are forced today to maximize their marketing dollar... Save Paper * a Look Into The Economics Of The Shipping Business / Mediterranean ports / ports in northwest Europe 6|Page Passenger Ships The company owns two passengers vessels that operate on the line of the Suez / Safaga... Save Paper * Shipping for impressive economic progress. There are over four hundred domestic and international shipping companies engaged in maritime trade making China an A class member... Save Paper * Economics - The World Economy 2 Section 3 Section 4 © Scottish Qualifications Authority 2004 Economics 2: The World Economy Unit Student Guide Scottish Qualifications Authority 5.12... Save Paper Financial Outcome: Ford Motor Company sales along with...
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...for a company of your choice and answer the following questions: Who is your company? FORD MOTOR COMPANY 2. What is their primary business focus? AUTOMOTIVE / FINANCE SERVICES 3. Who is on the Board of Directors? William Clay Ford Jr. Executive Chairman Ford Motor Company Stephen G. Butler Retired Chairman and Chief Executive Officer KPMG, LLP Kimberly Casiano President and Chief Operating Officer Casiano Communications, Inc. Anthony F. Earley, Jr Chairman and CEO of DTE Energy Edsel B. Ford II Director and Consultant William Clay Ford Director Emeritus Richard A. Gephardt President and CEO of the Gephardt Group James Hance, Jr. Former CFO and former Vice Chairman Bank of America William W. Helman IV Partner Greylock Irvine O. Hockaday, Jr. Retired President and CEO Hallmark Cards Inc. Jon Huntsman Chairman Huntsman Cancer Foundation Richard A. Manoogian Executive Chairman and Chairman of the Board Masco Corporation Ellen R. Marram President The Barnegat Group, LLC Alan Mulally President and Chief Executive Officer Ford Motor Company Homer A. Neal Director, ATLAS Project, Professor of Physics, Interim President Emeritus UofMI Gerald L. Shaheen Retired Group President Caterpillar Inc. John L. Thornton Professor and Director, Global Leadership Program, Tsinghua University, Beijing, China 4. What are the company’s goals (as outlined in the Letter to Shareholders)? Strategic? Financial? Product? Other? Financial / Strategic: Ford plans...
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