Friday, October 4, 2019

Operations management Essay Example | Topics and Well Written Essays - 1000 words

Operations management - Essay Example Ford has a number of global brands coming under its range including Mercury, Jaguar, Aston Martin, Land Rover and many others as well. Chevrolet is a brand of motor vehicles whose parent organization is General Motors. At times Chevrolet is also known as â€Å"Chevy†. The brand has vehicles ranging from compact cars to large SUVs. There is a lot of product restructuring that has been going on in the Chevrolet brand, where we can find that sedans are being launched as well as more new designs and models are also in the pipeline. As far as Ford Motor Company is concerned, we find that recently there has been a high level directive which has cut down 30,000 jobs within different divisions so as to ensure that the company maintains its economic well being, no matter how trying and rigid the circumstances become at some point in the future. The proactive approach is thus pretty much visible from the whole perspective of cutting down on the job scene. Ford relies on its economic uplift and boom upon the different market forces that are in action. But this does not mean that Ford relies on this activity in entirety and forgets the other forces that are also within the relevant equation. Having more emphasis on the economic market forces means that the decline within the fiscal ranks would surely hit Ford like anything and happens all of a sudden rather than a gradual fall as is predicted in the wake of those very decisions, if adopted in the first place. The two thirds of Ford’s workers are the clear manif estations in the line of the law of one price being rampant in different labor markets spread all over the globe. With the advent of time and as Thomas Friedman has put it, we find out that the world has indeed become flatter since market barriers are starting to vanish with the passage of time which would at the end mean that we start living in a flat world to say as a matter of fact. On the restructuring tilt, we see that Ford’s economic strategy is one

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