Assignment 4.1 Model T Henry Ford has become an icon of American society. His dream was to build a car for the masses during a time when cars were a luxury only available for the wealthy. Ford created the Model T in 1908, igniting a revolution in America that changed manufacturing, transportation, and everyday life for the common man. When Ford first began producing the Model T, they were individually constructed by hand and took over twelve hours to complete. In order to make automobiles more accessible, Ford developed a way to automate the manufacturing process by using an assembly line to construct parts and assemble the chassis, thus lowering the price and highly increasing the efficiency.
In 1918 the same year that Chevrolet became part of General motors they released the first truck. The truck was based on the Model 490 car frame. Six years later Chevrolet opened another plant in Copenhagen, Denmark; it was the first plant outside the U.S. and helps put Chevy on top of Ford selling over one million car and tucks. Back in the United States during the spring of 1929 the Chevrolet Six was released called “a six for the price of a four.” It was called that because the other companies offered a four-cylinder engine for the same price. In 1934 Chevy started to innovate even more introducing independent suspension on the 1935 model master series.
Ford priced his first Model Ts at $850, undercutting the $2,000 cost of most early cars. Ford Motor Company had built over 15 million Model Ts. According to http://inventors.about.com, accessed November 03, 2012, invented an improved assembly line and installed the first conveyor belt-based assembly line in his car factory in Ford's Highland Park, Michigan plant, around 1913-14. This method reduced production costs for cars by reducing assembly time. According to http://www.spartacus.schoolnet.co.uk , accessed October 25, 2012, Ford resented getting involved in war, but after Pearl Harbor he turned over his vast production resources to his country.
Ad Analysis Since the creation of Ford Motor Company and Chevrolet the question has been argued back and forth, “who has the better pickup?” Both companies have tried to out do the other in both commercials and do several stress tests on the truck itself. Founded in 1911 Chevy started small and it wasn’t until the 1920’s and 1930’s that they really started to compete with Ford which had been around since 1903. Out of the hundreds of ads we see everyday we notice the ones that are comical, why? Because we enjoy a good laugh. Chevy took advantage of the 2012 end of the world thing during the Super Bowl and showed how two things will survive the end of days, Twinkies and Chevy trucks.
In fact, college students ranked Ford the third greatest figure of all time, behind Napolean and Jesus Christ. "In 1892 he joined the Edison Company in Detroit as an engineer. (346) "By 1896 Ford had his automobile. (346) He created the model T and than realized he could build a car for the masses. By
When in 1970 Ford Motor Company launched their new line of automobile the Ford Pinto, they used a cost-benefit analysis based strictly on how the consequences will affect themselves as a business and not as an ethical analysis. The Pinto compact car was initially hugely popular in the United States market because of its design and affordability however a controversy regarding the safety of the design of the car gas tank emerged causing deadly fires, explosions and claiming the lives of many people, even though managers and engineers of the company knew about this problem. The argument has been for many years that Ford Motor Company abandoned and abused the utilitarian principles to suit their needs, even though they stayed within the laws of the time, they still behaved unethically by making the decision not to upgrade the fuel system of their product. The model of the Ford Pinto was approved by Lee Iacocca, Executive Vice-president of Northern American Automotive Products for Ford. The car was designed to compete with foreign cars and to keep up
When he was younger he planned on creating something for the rich as well for common man that would involve engines. He created the Ford Model T, which was affordable for the poor, and continued to create Model A and other modeled cars (Joans 2010). By the end of World War I half of Americans owned the model T car. The affordable cars like those Ford produced transformed America (Roak et al., 2011). Ford created the automobile industry, which employed thousands of workers and inspired new industries as well (Heritage, 2010).The new industries included but were not limited to: gas stations, mechanics, fast food restaurants drive-ins (pig stands) and motels (A&E, 2006).
Henry Ford was very famous for promoting this wonderful commodity that represented a new kind of freedom. It was a symbol of the American Dream, and everyone was striving to have the new product. “The automobile was the backbone of economic growth.” The first real automobile appeared in Middletown in 1900; however, it wasn’t until Henry Ford came around and created a mass production of automobiles that the machine that would provide easy travel would become popular. Although the automobile created such a wonderful freedom, many adults thought that it was tearing families apart. Teenagers were spending more time with their friends driving around instead of staying at home with their family.
The emergence of mammoth business enterprises from 1895 to 1915 led to inevitable changes in managerial attitudes, business organization, and worker roles. * The Innovative Model T In 1913, Henry Ford established a moving assembly line to mass produce his standard automobile, the Model T. By dramatically reducing the time and costs of production, Ford managed to lower prices and expand sales and profits. The passage of the Federal Roads Act in 1916 established a national highway system. * The Burgeoning Trusts Standard Oil began a national trend among American big businesses toward oligopoly by swallowing up smaller competitors. By 1909, nearly one-third of the nation's manufactured goods were produced by only one percent of the industrial companies.
This attitude will cause the Jaguar sales to drop resulting in low profitability. This clearly goes to show that the car industry in this case the Jaguar cars will be affected by the recession far more than other industries. Recession in just England shouldn’t have major impact on the organisation since 75% of their sales are oversees, which means they could begin to focus more on the exportation of the cars into different countries and expand their range by exporting cars to different countries. However, the current recession is global hence all Jaguar consumer countries are facing recession, especially America who are their 50% consumers, which is causing the business to suffer, and lose money. The share price is also likely to drop during recessions, which may lead to the shareholders not wanting to re-invest in business.