Task 1 P1 Describe the type of business, purpose and ownership of two contrasting organisations. In the first of a series of articles Helen Lyne looks at two contrasting business organisations that operate in the North West How different can two organisations be? The first business I will look at is Ford Motor Company .Ford is an international car manufacturing company that has been in business since 1903 and was founded in America by a man called Henry Ford, initially set up in Detroit. Ford soon became dominant in Americas manufacturing industry and at the time was one of America’s largest employers. With new efficient and cheap methods of production like the ‘production line’ Ford’s products (cars) became cheaper than anyone else’s and the Ford business soon came to Europe and other places around the globe.
Given the high cost and limited range, sales were disappointing. In 1997 GM develops its own fuel-cell stack technology including first fuel cell car prototype HydroGen1. The first mover strategy gave the company the capability to use patents and intellectual property difficult to copy from competitors. By 2000, the US market has matured and foreign competition has eroded the market share of the three domestic players to less than 60%. In 2000, GM started potential working on the interface between design and technology considering three important aspects for the new car: safety, environment and performance.
The cost was kept low and by 1926 six cars a minute were rolling off the assembly lines to keep up with demand. Another effect of this mass production was high employment; factories needed a lot of labour work. Component industries also benefited as they needed to supply large amounts of rubber, steel, glass and even road - by 1929 four million jobs depended on the car industry. Another important factor was due to the impact of The First World War. The European economies were exhausted by the cost of waging a long war.
Colton Greene Mr. Bates – 6 English Literature 12 12 February 2014 Senior Research Paper – Final Draft How Henry Ford Affected the Lives of the American People Imagine if Henry Ford did not invent the moving assembly line back in 1913. In that time, cars would not have been affordable and people would not have been able to get around as easily. If he did not make the first moving assembly line, most things today would not be as mass produced. Henry Ford directly impacted the lives of the people of his time by making cars more affordable and, without knowing, impacted the lives of many generations to come because the assembly line made it easier and faster to make products. To understand the impact of an assembly line one must first know what an assembly line is.
There was strong competition for Ford in the American small-car market from Volkswagen and several Japanese companies in the 1960’s. To fight the competition, Ford rushed its newest car the Pinto into production in much less time than it usually required to develop a car. The regular time to produce an automobile is 43 months; Ford took 25 months. Before production however, Ford engineers discovered a major flaw in the cars design. In nearly all rear-end crash test collisions, the Pinto's fuel system would rupture extremely easily.
The Most Reliable Cars of this model development started in 1919 by the Willy Corporation and the vehicle had been initially scheduled as Willys 6 hit the market. More luxurious vehicle Chrysler model required to compare with Buick and thus raised Flint Six. The new concept car such Skelton, Cedar and Breer disagree, particularly since some other innovative ideas had been deleted. The open wagons originally had the horizontally divided wind-shield and the achievement was sensational. At the end of 1924, nearly 32,000 cars of this model were sold and the new record was created when the introduction of the new model.
In 1970 Ford Motor Company launched their new line of automobile called 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 extremely popular in the United States market because of its design and affordability. However a controversy issue 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.
But though these helped the motor car without the republican policies the motor car might not of done as well. The policies for things like import tariffs increased the demand on American goods like the T-ford car. Also the idea of hire purchase made it easier for people who did not make much (companies like the T-ford only paid their works 5$ per day) compared to the price of the car ($290), to be able to afford the car. By 1929 Americans owned more than 23 million cars. The workers earnt good wages ,
Was the introduction of mass production the most important reason for the economic boom in the USA in the 1920’s? Why and what was the most important reasons for Americas economic boom almost a century ago? In this essay I will explain what the most important reason for the great economic boom in the USA during the 1920’s was and why it is. One of the main causes that was in the initial essay question was mass production. Henry Ford made cars for a living and came up with this way of easily producing cars cheaply, efficiently and on a very large scale.
Ford Pinto Case Study MGT 216 11/17/2011 Vivek Singhal Many in the corporate world are willing to do whatever it takes to compete in the global market. However, ethical business practices should always be a top priority. No company understands this better than Ford and the mistakes the company made with the release of the Ford Pinto. In 1969, Lee Iacocca, president of Ford Motor Company, convinced CEO Henry Ford II to be a competitor in the small car market, thus launching the birth of the Ford Pinto. Typically it took automobile makers approximately 3.5 years to release an automobile to the public.