Ford and Toyota Case Study Essay

Words: 3945
Pages: 16
Open Document
1a.Describe the history of Ford, its current business, operating sectors, and reportable segments.
Ford Motor Company was incorporated in Delaware in 1919. They acquired the business of a Michigan company, also known as Ford Motor Company, which had been incorporated in 1903 to produce and sell automobiles designed and engineered by Henry Ford. They are one of the world’s largest producers of cars and trucks. They and their subsidiaries also engage in other businesses, including financing vehicles.
They have two operating sectors: automotive and financial services. Within these sectors, their business is divided into reportable segments based upon the organizational structure that they use to evaluate performance and make decisions on …show more content…
Gephardt, Irvine O. Hockaday, Jr., Richard A. Manoogian, Ellen R. Marram, Alan Mulally, Homer A. Neal, Gerald L. Shaheen, and John L. Thornton.
3b. Which of them has been deemed “independent” of Ford? (P18)
Stephen G. Butler, Kimberly A. Casiano, Anthony F. Earley, Jr., Richard A. Gephardt, Irvine O. Hockaday, Jr., Richard A. Manoogian, Ellen R. Marram, Homer A. Neal, Gerald L. Shaheen, and John L. Thornton.
3c. How does Ford determine director independence? (P18)
A majority of the directors must be independent directors under the NYSE Listed Company rules. The NYSE rules provide that no director can qualify as independent unless the Board affirmatively determines that the director has no material relationship with the listed company. Ford adopts a lot of standards in determining whether or not the director has a material relationship with the Company and these standards are contained in Ford’s Corporate Governance Principles.
3d. Why does independence matter to shareholders?
The board of directors represents the majority of stockholders to ensure the organization is run according to the organization’s charter and that there is proper accountability. If the directors are not independent, they can’t protect the shareholders’ interests. For example, they may have inadequate oversight of management, be dominated by management.
3e. What characteristics is Ford seeking when considering individuals to serve on its board? (P5)
Among the most important
Show More

Related Documents: Ford and Toyota Case Study Essay

Toyota Ford Case Study Syamkumar S Essay

Toyota - Ford Case Study Ans.1 There are several schools of management thought illustrated in this case. First of all, classical school of management thought is mentioned. During the very first period of time of Ford Motor Company, Henry Ford created a bureaucratic system. He separated company into smaller product groups and functional units. Separation is a feature of classical administrative school. Second, quantitative school of management thought is easily realized as school of management…

Words 789 - Pages 4

Bibliography: Ford Motor Company and Product Development Essay

Lean Product Development as a System: A case study of body and stamping development at Ford. Engineering Management Journal, 23(1), 16-28. Retrieved from EBSCOhost. The authors in this journal present the case study of body and stamping development at Ford. A System view of a lean product development is presented in integrated people, process, and tools. The approach of this system is derived from Toyota’s product development system. The success of the Ford Motor Company is based on this system…

Words 310 - Pages 2

Issues and Case Analysis Essay

Unit 4 IP Issues and Case Analysis Ronald Rogers MGT680-1303A-01: Strategic Management American Intercontinental University Professor Jacob Ashkenazi Synopsis Accomplishing a SWOT analysis has several purposes and the function of the analysis is completely dependent on the entity doing the study. A competitor may do a SWOT to find the exploitable weakness in competitor or to determine what they are doing right. When a company performs one on itself it is posturing itself for improvement for…

Words 2319 - Pages 10

Sustainability: Automotive Industry and Ford Vehicles Essays

www.ccsenet.org/ijef International Journal of Economics and Finance Vol. 4, No. 5; May 2012 Surviving the Global Recession and the Demand for Auto Industry in The U.S. – A Case for Ford Motor Company Norikatsu Hiraide Department of Mathematics, Computer Science and Economics, Emporia State University 1200 Commercial St. Emporia, KS 66801, USA Tel: 620-481-1927 E-mail: nhiraide@emporia.edu Kalyan Chakraborty (Corresponding author) School of Business, Emporia State University, 1200 Commercial…

Words 2607 - Pages 11

Case Study Of Innovation In The Car Industry

trends in the global car industry and their impact upon the European market. 2. Undertake literature research into engineering and business innovation management. 3. Identify case studies in car innovation management. 4. Compare theoretical models of innovation management with company case studies. 5. Make recommendations regarding the effective management of innovation in the car industry. 1.3 Project Structure To achieve the aim extensive research has to be undertaken…

Words 13571 - Pages 55

Essay on toyota case 26

are a Ford person you tend purchase Fords and if you are a Toyota person, you tend purchase Toyotas. So many different variables go into picking out a vehicle that it is very difficult for auto companies to stay relevant year after year. Whether a person wants a sleek look, horsepower, or whatever else the one thing that all people want is top quality for the lowest cost. In recent years, almost every major automaker has had some type of blemish such as recalls. Over the past decade, Toyota has been…

Words 3234 - Pages 13

Week 1The Pinto Case Essay

THE PINTO CASE A SHORT SUMMARY In the early 1960s Ford’s market position was being heavily eroded by competition from domestic and foreign manufactures of subcompacts. Lee Iacocca, then President of Ford, was determined to regain Ford’s share of the market by having a new subcompact, the Pinto, in production by 1970. Then Ford engineers crash tested an early model of the Pinto. They found that when the automobile was struck from the rear at 20 miles per hour, the gas tank regularly ruptured. Stray…

Words 575 - Pages 3

Learning Team Assignment

Learning Team Assignment: Case Study Discussion & Executive Summary MGT/216 University Of Phoenix Learning Team Assignment: Case Study Discussion & Executive Summary In 1968 the Ford Motor Company decided to introduce a new subcompact car to compete with foreign imported vehicles in the subcompact category. The Vice-President of Ford at the time Lee Iacocca felt that in order to grab a larger share of the market Ford must remain competitive and a decision on putting money before human…

Words 1420 - Pages 6

Essay on Ford's E-Commerce Strategy

EXECUTIVE SUMMARY In early 1999, Ford announced an integrated e-commerce strategy, with the objective of creating an interface among customers, dealers, vendors and even competitors. The SWOT analysis was studied for the development the strategy, as well as the chances of success of such strategy. With Ford's desire to shift from ‘dealer-centric' selling to ‘consumer-centric' selling, we looked at the typical characteristics of online customers and how dealers could reinvent themselves to remain…

Words 1680 - Pages 7

Essay on Final Report

negotiation 10 Cultural Factors 10 Time 10 Individualistic/Collectivist 10 Communication 11 Personal Relations 11 Strategic Factors 11 Strategy 11 Decision making 11 Need for an Agent 12 General Critique on Ghauri’s Framework 12 Introduction to the Case 13 Applying Ghauri’s IBN framework 14 Background 14 Objectives 14 Environment 15 Third Parties 16 Negotiators 17 Pre-Negotiation 18 Face-to-face Negotiation 19 Post-Negotiation 20 Conclusion 21 References 22 Internet References 25 Bibliography 26…

Words 6707 - Pages 27