1.2. scope of activities
birth from a factory dedicated to upgrading the car Wagon, field operations of Ford's manufacturing and sales of cars and car parts. Next to it is the financial services related to car, car rentals and other services directly related to the car. With the method according to the Assembly line and mass production, and is the first game to use the auto assembly line in the world, from the newly established Ford has quickly dominated the market, in late 1913, Ford is 50% of the cars in the US market and in 1918 half the number of vehicles on America's Model T Ford. In 1999, Ford was rated as one of the car manufacturers have the largest profitable levels. To date, Ford has been one of the four leading automobile manufacturers in the world along with Toyota, General Motors and Volkswagen.
operating result 1.3 recent times
beginning of establishment, Ford produced only a few cars a day with groups of two or three workers working with a car. Up to 2008, the number of workers of Ford in America up to 87,700 people and 245,000 people all over the world.
during late 1990, Ford has already sold a large number of cars in America's booming economy with the development of the stock market and low fuel prices.
, 12.2006, Ford decided to mortgage the entire assets of the company to borrow $ 24 billion from the Bank. In that time, while Ford met some difficulties, but the u.s. economy is still growing steadily. Finally, when the crisis erupted, Ford maintained its independence and gradually overcome the greatest crisis of the automotive industry in tens years.
in 2006, the company encountered a loss in company history with 12.7 billion USD, and anticipate will not reach profitability in 2009. However, in the second quarter of 2007, Ford was surprised when sales around the world reached 172.5 billion, profits reached 750 million US dollars. Despite this, the company also ended a year with 2.7 billion USD loss.
in 2007, for the first time in 56 years, with sales in the United States, Ford from the second fall to third place, behind General Motors and Toyota. With sales around the world, Ford ranked fourth after Volkswagen. As of 2009, Ford has become the second biggest car maker in Europe (behind only Volkswagen), with two large markets are the UK and Germany.
the second quarter of 2008, the airline announced in financial report about the extent of losses 8.76 billion USD, This is considered to be the most pathetic business quarter in the company's 105-year history. Sales of cars by Ford Motor built in the U.s. domestic market in the first six months of 2008 decreased a total of 14% compared with 10% of the overall reduction rate of all types of car by the manufacturer.
In January 2009, Ford announced losses 14.6 billion dollars in the previous year, make 2008 the year to eat the most failure in the history of the company. The first three months of 2009, Ford's sales in the u.s. dropped 43 percent from the same period last year, compared with 38% overall reduction rate of the whole market. Now Ford is the expectation the company's latest products, including the new Taurus medium sedan models, can prevent the decline of sales. The experts also said that Ford currently running cash and just enough money for another year.
1.4 FORD's business philosophy: "If you value for money than its products, it will destroy your products and destroy the platform of services", Henry Ford-founder of Ford automobile Corporation shares. His speech is typical demonstration for the philosophy, "Said producer services, valued customer service" in the business activities of the Ford group.
He specially stressed the importance of product quality: "the market never been saturated with a good product, but it will be saturated quickly with a bad product". In this model, the revolutionary car Ford T 1908 shows us that quality products will always be durable strength before the product "instant noodles". In any field, there will always be at least "good products" and the development of the counterfeit goods are mass produced. Mr. Ford urge we need to make sure that what we bring to the consumer must be of high quality to be able to knock the competition.
According to this view, the next Ford has created fierce competition when the Ford automobile business. The price and quality of this type of car has created a market, even as a huge market. And customers buy cars of Ford also has been and continues to be attentive service.
leader biography of Ford shows us he is a man of initiative, so the innovation, creativity as well as his performance motto in particular and of the Ford group as a whole. He stated: "Businesses often decline in business because they always apply old methods which shall not be renewed. Because they who do not understand that yesterday was the past, and the next morning, they wake up still thought from last year. As such, we almost have a recipe is: Finally when someone figured out the method yourself, he should see for myself to know his mind is working hard not to. Would be immeasurable danger if he is always stereotyping machinery because soon he would be knocked out of the whirlpool of life. " During the development of the Ford, the new design features with more functional fit to the users at the same time help save fuel and protect the environment are continually produce to market.
Contingent labor is an integral part contributing to the ascent of Ford. Henry Ford along with his group right from the early days was very interested in the support activities for employees. Value team work is a philosophy works progress brings many good effects for the company. Ford is the first company in America to apply the minimum wage policy and work week 40 hours before the Government for the enforcement of this Act. In January 1914, the company has enhanced the efficiency of the company by raising salaries double that for employees and applicable working hours 8 hours per day instead of 3 like before. It proceeded to hire skilled workers from which worker productivity soared while employment dropped markedly diminished job due to reduced production costs. The combination of highly efficient factories, the human resources are well-funded and the low-cost manufacturing process of Henry Ford has been all over the world as the economic philosophy in 1914.
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