Essentials of Management Information Systems - PDF
14 Pages3858 Words205 Views
Added on 2021-06-18
Essentials of Management Information Systems - PDF
Added on 2021-06-18
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Running head: LOSS OF PROFITS1Loss of ProfitsStudent’s NameCourseDate
LOSS OF PROFITS2AbstractThe report below focuses on the issues faced by Ford motor company. Th major issues that has greatly bothered the company is loss of profits. Loss of profits is caused by HR related issues such as employee absenteeism, employee turnover rate, recruiting the wrong employees and human and computer errors. There is a need for the Ford motor company to come up with a permanent solution that sees an end to this issue. This report provides recommendations to the Ford motor company to help in ending the problem. The report suggest that the company should create a program that will focus on solving employee absenteeism, employee turnover rate and recruitment process. Also, it suggests that the company should hire an audit group to identify anyerrors in the company’s system.
LOSS OF PROFITS3Table of ContentsAbstract......................................................................................................................................................2Table of Contents........................................................................................................................................3Introduction...............................................................................................................................................4Problem Description..................................................................................................................................5Recommendations.....................................................................................................................................9Conclusions..............................................................................................................................................11
LOSS OF PROFITS4IntroductionThe Ford motor company is a motor company that was founded in the year 1936 in Michigan USA. The organization deals with the sale of SUVs, commercial and luxury cars (Yang, Sudik, Wolverton & Siegel, 2010). Over the years it has been involved in the production of tractors, motorbikes and other automobiles. The company was developed after the need to develop automobiles that the normal working citizens with average incomes. This was the time that America was facing industrial revolution and few people could afford an automobile at the time. Cars during this period were considered a luxurious item and only the rich could afford cars. Up to now, the company still enjoys this recognition due to its mass production of cheap cars (Koshino, Nakagawa & Takahashi, 2011). The company enjoyed the privilege of producing vehicles that were used in the second world war. These vehicles were specifically designed for war and could handle the difficult terrain and the weight of the items being supplied to the troopsin the war. These vehicles were used as field ambulances and firefighting pumpers during the war.Today, the Ford motor company enjoys a large audience of customers all over the world. It has been able to establish itself in over the seventy countries all over the globe. The company has continued to produce cheap and luxury cars for its customers. Through this, the company is able to produce cars that match the needs of its customers. It has invested a lot in the modern technology to produce cars that are worthwhile to the customer (Wu, Dufour & Sun, 2010). To be able to manage the needs of its customers, the company has employed over seventy thousand employees to take care of the customers. It ensures that there is a good relationship between its employees and its customers. These employees are customer friendly and ensure that all the needs and the issues that the customers have been solved. To ensure that this is possible and the
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