Fords Profitability Essay Example | Topics and Well Written Essays - 250 words

Fords Profitability - Essay ExampleThe research work go forth help in giving an explanation on why the company is making 24 one million million million in losses. A competitive advantage may be created in producing similar products to Toyotas models with lower costs. The produce produced should be according to what the consumers need, and not according to what it is used to producing (Close, 2012).They can completely change the company strategies and social structure on how it carries out its operational activities. This can be achieved by changing the objectives, target and mission statements of the company. fundament of process engineering skills, tight cost control and reports that are more frequent. The perplexity should be commensurate to give the company a new purpose and direction, by motivating the workers, and improving the culture of the presidency (Canary, 2012).In extreme circumstances, the firm may also consider taking action on the management structure by consid ering the option of reducing on the number of employees both in the management level and in the operational levels. This will act as a direct way of reducing on the production and operational