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Economic Theory In The Perspective Of During Recession For Ford Company
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Book Synopsis Economic theory in the perspective of during recession for Ford Company by : Francis Marete
Download or read book Economic theory in the perspective of during recession for Ford Company written by Francis Marete and published by GRIN Verlag. This book was released on 2014-08-13 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2012 in the subject Economics - Economic Cycle and Growth, grade: A, Stanford University, language: English, abstract: This paper presents and discusses the Ford scenario in recession in the perspective of business economic theory. Economic theory is a broad concept for the explanation of the movement of goods in a market. Theoretical economic concepts have scientific backing or studies to prove or disprove a stated speculation. National governments also have an interest in theories of economics. Politicians swear on studies of government spending, money supply, tax collections, and consumer spending data to make laws or set policy. Dissimilar economic theories exist that focus on different aspects of government policy perspective economics. (Salvadori 2003) Ford Motor Company was shaped on superior products and that exists today. They have an exceptional line of trucks and cars which ranges from the Model-T to today’s Ford Focus and F-Series, the excellent selling car and truck in the world. Their current product line is the strongest in their history and is getting stronger yet. (Collins 2007) This year they added the new Ford Explorer, Expedition and Thunderbird in North America, the new Lincoln Blackwood, Ford Fiesta in Europe and Navigator, Land Rover Freelander and Range Rover, Aston Martin Vanquish, Jaguar X-Type, Mercury Mountaineer, and the Mazda Sport Wagon. These vehicles will help to separate them from their competition. (Rosenberg 2012)
Book Synopsis Ford and Relationships by : Manja Ledderhos
Download or read book Ford and Relationships written by Manja Ledderhos and published by GRIN Verlag. This book was released on 2003-02-21 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2002 in the subject Business economics - General, grade: very good, Mälardalen University (Institution of Economics), course: Strategies and the new Economy, language: English, abstract: In today’s world, companies are part of a complex environment. At the latest with the change from seller to buyer market in the 70s, companies cannot see themselves apart from their surroundings. Technological, economic and social change directly influence companies. The company Ford is one of the best known American automobile manufacturer. They strongly depend on their environment as product specifications need to respond to governmental regulation, economic factors such as oil prices, customer demands or technology standards. When fierce competition in the automobile market turned the market around during the 70s, Ford seemed to loose market share so quickly to Japanese firms, that the company even had to shut down plants. Ford was found in 1903 and has a long tradition of influencing the car industry. The assembly line is only one example where Ford was able to drop prices for an automobile from 850 to 260 Dollars in 1923 to bring cars to the masses. Though influential in the past, the company seemed to loose against Japanese car producers with only little historic background. A true success story seemed to end during the late 70s and early 80s when losses where at their peek. It is interesting to see, how this situation came across. In the 90th, Ford was back and introduced superior quality cars. The turning of the company seems to be a hundred percent from completely classical to a more adaptive strategy making. This seems mysterious for such an old and traditional American company.
Book Synopsis Henry Ford. The Development Of His Company And The Automotive Crisis of 2007 by : Dennis Schmidt
Download or read book Henry Ford. The Development Of His Company And The Automotive Crisis of 2007 written by Dennis Schmidt and published by GRIN Verlag. This book was released on 2015-04-10 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Facharbeit (Schule) aus dem Jahr 2010 im Fachbereich BWL - Unternehmensforschung, Operations Research, Note: 1,3, , Sprache: Deutsch, Abstract: When you ask people in the street what they associate with the term “Ford“, the majority will immediately say that it is a famous car brand. Nearly everybody has already heard about “Ford” in many different contexts. We all know the “Ford Mustang”- probably today’s most established Ford product – or the “Model T”, the first mass-produced car of all times and the most sold car at the beginning of the history of the world’s automobile industry. However, even for successful automakers times are not always glorious. At the moment the international car industry is seriously suffering from the worldwide economic crisis triggered by the collapse of the US banking system in 2009. Car companies are desperately searching for solutions to overcome the depression. It is highly interesting to see how Ford - in comparison to other leading carmakers – is reacting to the problem. In the following research paper I will elaborate a detailed discussion of Ford’s personal background and career, including the development of his own car company. Additionally, I will illustrate the effects of the current economic recession on the automotive sector and show – by comparing it to General Motors – how Ford Motor Company is fighting for survival.
Book Synopsis The Great Inflation by : Michael D. Bordo
Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Book Synopsis Theory of Productivity by : Sunday A. Aigbe
Download or read book Theory of Productivity written by Sunday A. Aigbe and published by WestBow Press. This book was released on 2015-04-21 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Theory of Productivity seeks to explore the genius of American culture and identify ways to put these ideas and values to work in order to be productive. The book draws on author Sunday A. Aigbes experiences as a student, educator, researcher, author, entrepreneur, and human services employee in the public and private sectors. He identifies key lessons learned along the way during his sojourn in Africa and the United States. The approach is a symbiotic analysis of research data and participant observations of American culture over the last thirty three years. The goal is to provide young and middle class Americans and immigrants with evidence-based knowledge and skills needed to become productive members of American society within a reasonable period.
Book Synopsis Economics versus Reality by : John Legge
Download or read book Economics versus Reality written by John Legge and published by Routledge. This book was released on 2017-09-08 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: John M. Legge shows the many ways in which the real world diverges from economics textbooks. He argues that mainstream economic theory took a disastrous turn 140 years ago, when it attempted to use calculus to explain human behaviour. A real economy involves people who are not variables in equations. This error led to a second, mainstream economics becoming obsessed with equilibrium. However, constant change is the reality and one cannot explain the present without understanding the path taken to get here. This book presents economics in historical context. It includes a short account of the contributions by some of the key figures in economic theory, starting with Adam Smith. Smith placed great weight on morality: he believed that economic activity took place in a society and could not be justified except insofar as it advanced the interests of that society. Too many economists have come to believe that the interests of society can be measured by a number: that if a policy change raises GDP it is justified, whatever its impact on people.Legge places the economy within society, and society within the environment, explaining that every significant decision has a social and environmental impact, as well as an economic dimension. Seeking to provide answers to students, professional business managers, and those interested in the political process, this work addresses the gap between theory and reality.
Book Synopsis Capitalism without Capital by : Jonathan Haskel
Download or read book Capitalism without Capital written by Jonathan Haskel and published by Princeton University Press. This book was released on 2018-10-16 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.
Book Synopsis Corporate Security in the 21st Century by : Kevin Walby
Download or read book Corporate Security in the 21st Century written by Kevin Walby and published by Springer. This book was released on 2014-06-18 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary collection places corporate security in a theoretical and international context. Arguing that corporate security is becoming the primary form of security in the twenty-first century, it explores a range of issues including regulation, accountability, militarization, strategies of securitization and practitioner techniques.
Book Synopsis Introduction to Business by : Lawrence J. Gitman
Download or read book Introduction to Business written by Lawrence J. Gitman and published by . This book was released on 2018 with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.
Book Synopsis Research Handbook on the Economics of Labor and Employment Law by : Michael L. Wachter
Download or read book Research Handbook on the Economics of Labor and Employment Law written by Michael L. Wachter and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔWachter and Estlund have assembled a feast on the economic analysis of issues in labor and employment law for scholars and policy-makers. The volume begins with foundational discussions of the economic analysis of the individual employment relationship and collective bargaining. It then progresses to discussions of the theoretical and empirical work on a wide range of important labor and employment law topics including: union organizing and employee choice, the impact of unions on firm and economic performance, the impact of unions on the enforcement of legal rights, just cause for dismissal, covenants not to compete and employment discrimination. Anyone who wants to study what economists have to say on these topics would do well to begin with this collection.Õ Ð Kenneth G. Dau-Schmidt, Indiana University Bloomington School of Law, US This Research Handbook assembles the original work of leading legal and economic scholars, working in a variety of traditions and methodologies, on the economic analysis of labor and employment law. In addition to surveying the current state of the art on the economics of labor markets and employment relations, the volumeÕs 16 chapters assess aspects of traditional labor law and union organizing, the law governing the employment contract and termination of employment, employment discrimination and other employer mandates, restrictions on employee mobility, and the forum and remedies for labor and employment claims. Comprising a variety of approaches, the Research Handbook on the Economics of Labor and Employment Law will appeal to legal scholars in labor and employment law, industrial relations scholars and labor economists.
Book Synopsis Hall of Mirrors by : Barry J. Eichengreen
Download or read book Hall of Mirrors written by Barry J. Eichengreen and published by Oxford University Press, USA. This book was released on 2015 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A brilliantly conceived dual-track account of the two greatest economic crises of the last century and their consequences"--
Book Synopsis Asking About Prices by : Alan Blinder
Download or read book Asking About Prices written by Alan Blinder and published by Russell Sage Foundation. This book was released on 1998-01-08 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do consumer prices and wages adjust so slowly to changes in market conditions? The rigidity or stickiness of price setting in business is central to Keynesian economic theory and a key to understanding how monetary policy works, yet economists have made little headway in determining why it occurs. Asking About Prices offers a groundbreaking empirical approach to a puzzle for which theories abound but facts are scarce. Leading economist Alan Blinder, along with co-authors Elie Canetti, David Lebow, and Jeremy B. Rudd, interviewed a national, multi-industry sample of 200 CEOs, company heads, and other corporate price setters to test the validity of twelve prominent theories of price stickiness. Using everyday language and pertinent scenarios, the carefully designed survey asked decisionmakers how prominently these theoretical concerns entered into their own attitudes and thought processes. Do businesses tend to view the costs of changing prices as prohibitive? Do they worry that lower prices will be equated with poorer quality goods? Are firms more likely to try alternate strategies to changing prices, such as warehousing excess inventory or improving their quality of service? To what extent are prices held in place by contractual agreements, or by invisible handshakes? Asking About Prices offers a gold mine of previously unavailable information. It affirms the widespread presence of price stickiness in American industry, and offers the only available guide to such business details as what fraction of goods are sold by fixed price contract, how often transactions involve repeat customers, and how and when firms review their prices. Some results are surprising: contrary to popular wisdom, prices do not increase more easily than they decrease, and firms do not appear to practice anticipatory pricing, even when they can foresee cost increases. Asking About Prices also offers a chapter-by-chapter review of the survey findings for each of the twelve theories of price stickiness. The authors determine which theories are most popular with actual price setters, how practices vary within different business sectors, across firms of different sizes, and so on. They also direct economists' attention toward a rationale for price stickiness that does not stem from conventional theory, namely a strong reluctance by firms to antagonize or inconvenience their customers. By illuminating how company executives actually think about price setting, Asking About Prices provides an elegant model of a valuable new approach to conducting economic research.
Book Synopsis Rational Market Economics by : Bernie Keating
Download or read book Rational Market Economics written by Bernie Keating and published by AuthorHouse. This book was released on 2011-05 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is Bernie Keating's sixth book after finishing other careers spanning 60 years: Naval officer - Korean War Teaching Assistant, U.C., Berkeley Multi-national company executive Management consultant Rancher in Sierra Mountains
Book Synopsis EBOOK: Operations Management: Theory and Practice: Global Edition by : STEVENSON, WILL
Download or read book EBOOK: Operations Management: Theory and Practice: Global Edition written by STEVENSON, WILL and published by McGraw Hill. This book was released on 2019-01-11 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: EBOOK: Operations Management: Theory and Practice: Global Edition
Book Synopsis Corporate Strategies in Recession and Recovery (Routledge Revivals) by : Richard Whittington
Download or read book Corporate Strategies in Recession and Recovery (Routledge Revivals) written by Richard Whittington and published by Routledge. This book was released on 2014-06-03 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1989, this book is based on detailed comparative case studies of eight firms’ responses to the recession of the early 1980s, the worst crisis for British manufacturing in the post-war period. Following these companies’ progress from 1979 to 1985, Whittington examines the various recession strategies they adopted and the consequences of these for management change and financial performance in the recovery. Drawing on the Realist social theory of Roy Bhaskar, Whittington argues that the class, gender, generation and ethnicity of the decision-makers involved in the eight case studies collectively made an impact on their strategic choices. This is a timely and practical reissue, which will be of value to students, managers and academics concerned with strategic management, developments in organizational theory, and the current economic climate.
Book Synopsis The Age of Uncertainty by : John Kenneth Galbraith
Download or read book The Age of Uncertainty written by John Kenneth Galbraith and published by . This book was released on 1997 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Monetary Policy After the Great Recession by : Arkadiusz (University of Wroclaw) Sieron
Download or read book Monetary Policy After the Great Recession written by Arkadiusz (University of Wroclaw) Sieron and published by Routledge. This book was released on 2022-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author provides a thorough analysis of the issues related to the interest rates in the conduct of monetary policy, such as the risk-taking channel of monetary policy, zombie firms in the economy and the difference between the neutral and natural interest rate and the negative interest rate policy.
