FORD MOTOR COMPANY
Does any body knows what is MNC? It’s Multi National Corporation also called multinational enterprise, is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred as an international corporation. In this essay I will talk about Ford motor company. It’s is an automobile maker founded by Henry Ford in Detroit, Michigan, and incorporated on June 16, 1903.
Ford was launched from a converted wagon factory, with $28,000 cash from 12 investors. During its early years, the company produced just a few cars a day at the Ford factory on Mack Avenue in Detroit. Groups of two or three men worked on each car from components made to order by other companies. In 1908, the Ford company released the Ford Model T. The first Model T's were built at the Piquette Plant. The company was forced to move production to the much larger Highland Park Plant to keep up with the demand for the Model T, and by 1913 had developed all of the basic techniques of the assembly line and mass production. Ford introduced the world's first moving assembly line on December 1 that year, which reduced chassis assembly time from 12Ѕ hours in October to 2 hours, 40 minutes. However these innovations were not popular, and in order to stop the staff deserting the monotonous jobs, on January 5, 1914, Ford took the radical step of doubling pay to $5 a day, and cut shifts from 9 hours to 8 - moves that were not popular with rival companies, although seeing the increase in Ford's productivity, most soon followed suit. By the end of 1913, Ford was producing 50% of all cars in the United States, and by 1918 half of all cars in the country were Model Ts. Referring to the Model T, Henry Ford is reported to have said that "Any customer can have a car painted any color that he wants so long as it is black." This was because black paint was quickest to dry; earlier models had been available in a variety of colors.
Ford F-150 - Introduced in Fall 2008 as a 2009 model, the F Series pickup trucks are some of the most profitable vehicles sold by the automaker. Fortunately, gas prices have plummeted over the past several months, stoking demand for the perennial pickup truck segment favorite. Expect the award winning F-150 to continue to sell well as long as gas prices remain low. A wild card in Ford's recovery effort for 2009 are the fortunes of General Motors and Chrysler. Should either automaker file for bankruptcy, that move could impact suppliers, the same companies who provide key parts for Ford. The best laid plans of Ford could be scuttled should its competitors fail, something Ford doesn't want to see especially under these circumstances.
The strategy, design and development of salaried healthcare programs for US active and retired employees and active hourly UAW employees.
• Implement and monitor a healthcare strategy with a focus on wellness.
• Conducts surveys of competitive benefit practices for US salaried and active hourly workforce.
• Identify emerging practices, trends and issues particularly in view of ongoing legislative and regulatory environment.
• Identify and utilize state of the art technology, on-line tools and other self-serve applications to deliver quality products and services to the customers. Define the strategic options, conduct RFQ, complete due diligence, evaluate options and obtain management approval.
• Manage relationships with vendors to deliver quality product and services as contracted and monitor performance metrics against service level agreements.
• Lead negotiator for healthcare programs in the 2011 National UAW-Ford Negotiations.
Ford Motor Company achieved record first quarter sales of 90,791 units in China. Ford brand passenger vehicles posted sales of 47,213 units, a 54 percent year-over-year increase. It's passenger car joint-venture, Changan Ford Mazda Automobile (CFMA), increased year-over-year sales volume by 58 percent to 61,789 units. Also Ford Motor's commercial investment in China, Jiangling Motor Corporation (JMC), recorded sales of 23,785 units, with Ford Transit sales up 19 percent.
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures and distributes automobiles across six continents. With approximately 201,000 employees and 90 plants worldwide, the company's automotive brands include Ford, Lincoln, Mercury and Volvo. The company provides financial services through Ford Motor Credit Company.
Under the leadership of the current chairman, William Clay Ford, Jr., the company stunned the industry and pleased environmentalists with an announcement of a planned 25 percent improvement in the average mileage of its light truck fleet - including its popular Sport Utility Vehicles - to be completed by the 2005 calendar year. Note however, that FMC has made no significant progress toward the 2005 goal as of early 2005, has terminated its electric vehicle program, recovering most vehicles for recycling via crushing and shredding, and has instead delivered ICE vehicles to the post office, despite obtaining various subsidies for EV development.
In my opinion ford motor company is one of the biggest Multi National Corparations in the worls which has graid success. Start from 1990 Ford company improved many things and also fulfilled a social resposibility. Ford Motor Company is on a quality roll. Changes to the company’s product development, manufacturing and quality processes have further boosted vehicle quality, putting Ford on par with the best in the business. To conclude this essay I would like to say that Ford motor company will make more improvements in 2011 and just because I really like this car brand I hope in the future I will have one of their’s cars.
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