In: Accounting
As an energetic executive at Ford Motor Company, you are ready to compile your additional findings in order to present your conclusions before a board of investors. For the final part of your course project, questions are provided below for you to incorporate into your final presentation to include: What type of good and/or service does Ford Motor Company produce and/or provide? Describe factors that lead to the market failure of Ford Motor Company? Explain whether the involvement of the government was needed and why? In the future, discuss how Ford Motor Company can deter any further market failures? How does competition affect Ford Motor Company? Financial outlook of Ford Motor Company? Based on your findings, is Ford Motor Company a good investment? Requirements Your final paper must be 5-7 pages in length. It should demonstrate a strong thesis to state whether or not Ford Motor Company would be a good investment to a group of foreign investors. Research must consist of at least 5 sources.
What type of good and/or service does Ford Motor Company produce and/or provide?
Company produced cars and provided car repairing and general maintainance services.
Describe factors that lead to the market failure of Ford Motor Company?
Fords failrure can be attributed to factors like inability to launch cars as per customers preferences, insanely high prices in comparison with the performance offered in the car by the competitors, poor customers service, non durability of cars for long run, poor markting tactics followed
Explain whether the involvement of the government was needed and why?
Ford is a private company with operations through out the world, govt. intervention is uncalled in failures of the private companies untill and unless the downfall is due to fraudlent activities which was not a case
In the future, discuss how Ford Motor Company can deter any further market failures?
Company is still a well established name with new customers looking it as a vintage brand of cars. Company may thrive upon that image by launching cars with latest offerings and beyond. Company may also improve the marketing strategies to woo customers for the cars.
***an expert is allowed to answer just 4 questions in case of multi questions posted at once. Hope this helps, thanks !! ***