Holmes Institute HI5014 - International Business Report: Ford Motors
VerifiedAdded on 2022/12/22
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Report
AI Summary
This report provides a detailed analysis of Ford Motors' international business operations. It begins by highlighting Ford's global presence and its adoption of a global market development strategy, particularly through direct investments in regions like China and South America. The report examines the competitive landscape, identifying key rivals such as General Motors, Toyota, and Honda, and discusses Ford's strategies to maintain market share, including decentralized policy implementation and a low-cost leadership approach. Furthermore, it explores Ford's organizational structure, emphasizing its hierarchical structure and regional divisions, and how it facilitates control and market responsiveness. The report also delves into Ford's knowledge management practices, particularly in product verification and development, and showcases its innovations, including the moving assembly line and the introduction of electric vehicles and digital technologies to meet market demands. In conclusion, the report encapsulates Ford's strategic approach to expanding its multinational operations, addressing market entry, competition, knowledge management, and significant innovations.
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