The World s Leading Consumer Company For Automotive...

BACKGROUND Vision Statement â€Å"To become the world s leading Consumer Company for automotive products and services. (Homepage, 2015)† Mission Statement â€Å"One Team. People working together as a lean, global enterprise for automotive leadership, as measured by: †¢ Customer, Employee, Dealer, Investor, Supplier, Union/Council, and Community Satisfaction One Plan. †¢ Aggressively restructure to operate profitably at the current demand and changing model mix; †¢ Accelerate development of new products our customers want and value; †¢ Finance our plan and improve our balance sheet; †¢ Work together effectively as one team. One Goal. An exciting viable Ford delivering profitable growth for all. (Homepage, 2015)† Component 1 Customers 2 Products 3 Market 5 Profitability 7 Self- Concept 8 Public Image 9 Employees Company Present Present Present Present Present Present Present History/Timeline 1901: Henry Ford defeats the top racecar driver of the era. Ford designed the 26 horsepower sweepstakes and defeated Alexander Winton. The victory lead to Henry Ford’s second short-lived attempt, The Henry Ford Company. 1903: The Ford Motor Company is incorporated with 12 investors and 1,000 shares. Ford Motor Company had turned a profit of $37,000. 1904: Ford Motor Company of Canada is founded in Walkersville, Ontario. 1907: Ford introduces the scripted typeface of its trademark designed by Childe Harold Wills. 1908: Ford introduces the Model T. 1913: Ford introduces the integratedShow MoreRelatedEffects Of Abnormal Profits On The Long Run Essay1530 Words   |  7 Pagesoligopolies make abnormal profits, due to the assumption of high barriers to entry. When firms in an industry seem to be making abnormal profit, it may attract new entrants into the market; causing an increase in supply and therefore a decrease in price leading to normal profits. 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