Factors Affecting Ford's Business Environment: An Analysis

This report examines the operational management of Ford, focusing on the factors influencing its business environment. It begins with an introduction to operational management, emphasizing its role in revenue generation and decision-making. The report then identifies key factors impacting Ford, including quality workforce, technological advancements, economic conditions, and increased competition. The analysis delves into the significance of technology and competition, highlighting their importance in managerial decisions, while also acknowledging the growing importance of corporate social responsibility. The economic factors are also discussed, with an emphasis on how changing consumer buying power and demand for new features impact the automotive industry. The report concludes by summarizing the various factors affecting operational management, both internal and external, and acknowledges the challenges these factors pose for leaders in decision-making. References are provided for further reading.

Operations and
Management
TASK 4

Covered Content
 Introduction
 Factors affecting business environment of Ford
 Analysation of various factors
 Conclusion
 References

Introduction
Operational management focuses on core activities which help an
organisation in generation of revenue. If a company focus on this
area then they can easily attain their goals in an effective manner.
Their are various factors which can make either positive or negative
impact on the operations of an enterprise. Managers and leaders get
essential assistance from the approachers of operational management
in the decision of decision making.

Factors affecting business environment of Ford
These are:
 Quality workforce
 Technological factors
 Economic factors
 Increased competition

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Beside these main
factors ,which have can
impact the organisation,
there are some
stakeholders like
employees and suppliers
who are significant for
making any decision.

Analysation of various factors
Technology and increasing competition can be considered as
the most important factor which mangers focus at the time
of making any call. They also have to focus on issues like
corporate social responsibility in upcoming time.

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The economy also made a huge impact on operational
management. Earlier buying capacity of people was low
so the demand of cars was also less but now customers
are ready to pay any amount for new features and the
demand of auto-mobiles is also continuously enhancing.
Proper analysation of economic factors can assist
managers in making right decisions.

Conclusion
At the end, it can be concluded that operational management
get affected by various factors of business
environment, some are internal and others are external.
Some new factors can create more challenges to the
leaders in decision making process.

References
Barratt, M., Choi, T.Y. and Li, M., 2011. Qualitative case studies in
operations management: Trends, research outcomes, and future
research implications. Journal of Operations Management. 29(4).
pp.329-342.
Burke, R., 2013. Project management: planning and control techniques.
New Jersey, USA.
Haddad, O.B. and Mariño, M.A., 2011, March. Optimum operation of
wells in coastal aquifers. In Proceedings of the Institution of Civil
Engineers-Water Management (Vol. 164, No. 3, pp. 135-146).
Thomas Telford Ltd.

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