The Success Of The Ford Motor Company Essay

The Success Of The Ford Motor Company Essay

Length: 731 words (2.1 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

We get around places in different ways. The most useful way of transportation is by the use of vehicles. They have been around for numerous years. In addition, each and every year they come more efficient and technically advanced for the consumers’ personal use. A company that has been around since the first production of cars is the Ford Motor Company. Since 1903 to present day, their vehicles have been efficient to the consumers’ demands.
To begin with, in 1903, Henry Ford and eleven other investors founded the Ford Motor Company. Ever since, its business operated mostly in manufacturing automobiles and other motorized vehicles. The company is also involved in marketing and other financial services. It stands as a very popular worldwide company. Before, it became universally known, the company started in Mack Avenue plant, up in Detroit, Michigan, United States. The company’s earlier years, estimated between 1903 through 1906, weren’t its greatest production years, in other words, their sales were unstable. For example, in 1903, Ford manufactured the Model A car, in total the company manufactured about 1,000 vehicles, however, it was estimated that only couple hundred were sold in the United States. The balance between the production of the cars and the sales of the cars were unbalanced. Sales weren’t ideal, but, it helped the company be more established. Then, in 1908, Ford manufactured a better model, known as the Model T. The model T increased the company’s sales. In fact, sales were more profitable with this model. Moreover, it was mass-produced and consumable for middle-class citizens. In other words, it became more popular and affordable for consumers to buy. Ford was becoming more recognizing within the society, as well ...

... middle of paper ...

...eral Motors, Ford was able to positively increase because in 2009 it increased in sales and market share. After some years to present day, Ford flourished and became very prosperous in the automotive corporation.
Overall, the Ford Motor Company is a company that thrived over a hundred years. From the beginning in 1903 to present day, it has gone through various stages and faced numerous obstacles in the way. Obstacles, such as, the great depression and the World Wars. Despite the obstacles, the company was able to overcome them and establish a well-organized company that flourished over the years. There were increases and decreases during its years, but the company always found a way to stabilize itself in order to succeed and not vanquish. All in All, Ford Motors is a successful company that establish an excessive profit and innovating the worlds’ transportation.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay about Ford Motor Company Is A Prosperous Business

- Introduction The Ford Motor Company has been in business since the nineteenth century, and it has enjoyed a rather successful run as one of the top automobile-making industries in the United States. Ford Motor Company is a prosperous business because of strategic planning and changes that it was willing to take a risk on developing and implementing. Successful corporations have to adapt to the constantly changing environment or the company will be doomed to failure. In other words, customer shopping habits change as new products are introduced to the market or when other factors beyond Ford Motor Company’s control affect which vehicles are sold....   [tags: Ford Motor Company, Assembly line, Henry Ford]

Better Essays
1348 words (3.9 pages)

Ford Motor Company : An American Multinational Essay

- Ford Motor Company is an American multinational and second-largest U.S base automaker with headquarters in Dearborn, Michigan, manufacturing and distributing their products worldwide. The Ford Motor Company was founded by Henry Ford on June 16, 1903. Henry Ford succeeded in his mission to produce an affordable, efficient and reliable automobile for the masses when the company introduced its highly successful launch of the Model T. The success of the Model T and its high demand lead Ford Motor Company to develop innovative production methods including that standardized parts and, of course, the world’s first moving assembly line for cars....   [tags: Ford Motor Company, Alan Mulally, Assembly line]

Better Essays
997 words (2.8 pages)

The Legacy Of Ford Motor Company Essay

- It seems like most cars on the road today are Fords.  No matter the shape nor model the iconic blue logo always Seems to stand out.  Ford began in 1890 when its legendary founder Henry Ford built the first ever Quadricycle.  In 1903 Ford Motor company becomes incorporated, and in 1908 Ford introduces the first ever Model T.  Fast forward to present day and Ford is still making innovative additions to their vehicles especially when it comes to technology.  Over the past 126 years Ford Motor Company has been both successful and profitable.  They attribute their success to their work in local communities as well as their ability to Franchise their brand throughout the nation....   [tags: Ford Motor Company, Henry Ford]

Better Essays
838 words (2.4 pages)

Essay on The Strategy Of The Ford Motor Company

- line, built a company upon those unique foundations that pushed through one of America’s hardest financial times. As of 2014 Ford Motor Company ran into another dip in profit due to the competitive market. However, the company is investing into its future by looking into multiple aspects that have high potential in paying off. As of the end of 2015, the company’s total Revenue equated to $149.5 Billion compared to $135 Billion in 2014. The company’s insight on using start up companies and awareness of sustainability could push Ford Motor Company into a much brighter future....   [tags: Ford Motor Company, Automotive industry]

Better Essays
2072 words (5.9 pages)

Strategy Implementation And Control Of Ford Motor Company Essay

- Strategy Implementation and Control Strategy implementation involves establishing programs and tactics to create a series of new organizational activities, budgets to allocate funds to the new activities, and procedures to handle the day-to-day details (Wheelen, Hunger, Hoffman, & Bamford, 2015). Essentially, after a company determines the direction of their program, it is the how that particular direction will be accomplished. It also answers the question of what resources must be moved or sold to meet the allocated budget....   [tags: Ford Motor Company, Automotive industry]

Better Essays
1741 words (5 pages)

Essay on Ford Motor Company 's Fundamental Business

- When Looking into One of many America’s Largest Corporations, many would instantly reflect to the Ford Motor Company. The company’s fundamental business is to design and manufacture Cars, Crossovers and SUV’s, Trucks and Vans. It has developed massively and improved their productivity, to have a solid brand identity, since, it was founded in 1903 in Dearborn Michigan making the Model-T. And it remains to make meaningful progress in the automotive manufacturing in the United States to this day, it has extended to be the second largest US Based automakers and the sixth largest in the world as of 2014....   [tags: Ford Motor Company, Automotive industry, Dearborn]

Better Essays
929 words (2.7 pages)

Essay about Ford Motor Company 's Impact On The Global Financial Crisis

- Unlike its peers in the industry, Ford Motor Company successfully endured the negative impact of the global financial crisis of 2008 through decisive corporate leadership, introduction of innovative products, and positive culture and corporate values. More specifically, some of the primary factors that helped Ford stay afloat during the global financial crisis include: the top management’s decision to mortgage the company’s assets to have adequate cash on hand; continued investment in product development and introduction of new products that appeal to customer’s new preferences; and the company’s positive corporate culture, particularly the introduction of One Ford....   [tags: Ford Motor Company, Automotive industry]

Better Essays
1542 words (4.4 pages)

Ford Motor Company Essay

- Ford Motor Company Ford Motor Company, a large United States automotive corporation, strives for success each and every year. The success of Ford Motor Company, as well as other corporations, can be measured by analyzing the two most important goals of management, maintaining adequate liquidity and achieving satisfactory profitability. Liquidity can be defined as having enough money on hand to pay bills when they are due and to take care of unexpected needs for cash, while profitability refers to the ability of business to earn a satisfactory income....   [tags: Ford Transportation Vehicles Automobiles Essays]

Better Essays
2118 words (6.1 pages)

Ford Motor Company Case Report Essay

- Ford Motor Company Case Report EXECUTIVE SUMMARY As director of Supply Chain Systems, I have decided to implement the new supply chain strategy of Virtual Integration, and model its supply chain after companies like Dell. Although there are several key differences between the companies, Dell’s direct business approach can be applied to every facet of Ford’s operation. Special care will need to be taken to address the unique dependency of our custom “tier- one” suppliers. A modification of the virtual integration system currently used by Dell could be applied to Ford’s dependent supplier base, while the management of lower tier suppliers of general or generic components would be more effec...   [tags: Business Analysis Ford]

Better Essays
1819 words (5.2 pages)

Ford Motor Company Supply Chain Strategy Essay

- Ford Motor Company Supply Chain Strategy Background In 1913, Henry Ford revolutionized product manufacturing by introducing the first assembly line to the automotive industry. Ford’s hallmark of achievement proved to be a key competence for the motor company as the low cost of the Model T attracted a broader, new range of prospective car-owners. However, after many decades of success, customers have become harder to find. Due to relatively new threats to the industry, increasing numbers of cars and trucks are parked in dealer lots and showrooms creating an alarming trend of stagnation and profit erosion....   [tags: Ford business Strategies Essays]

Better Essays
1392 words (4 pages)