Strategic Planning: fording Motor Company Planning is an crucial process in todays organizations. Based on the three types of managers: top- direct (strategic managers), middle-level (tactical managers), and frontline (operational managers), exist three corresponding levels of grooming: strategic, tactical, and operational. The purpose of this essay is to focus on the strategic level of planning for the pass over Motor Company; a attraction in the global automobile industry. Strategic planning, according to Bateman and Snell (2009), involves reservation decisions about the organizations long-term goals and strategies (p. 137). This paper bequeath elaborate on six key influential factors: economic, environmental, competition, exotic policy, domestic policy, and innovation; that shape this corporations strategic plan. Finally, a SWOTT analysis will be conducted covering the strengths, weaknesses, opportunities, threats, and trends, that the ford Motor Company has in relation to its business environment. scotch Factors Many economic factors exist that impact the development of Ford Motor Companys strategic plan and its no small task to project how some of these factors might diverseness as the strategy is being realized. Consider the prospect of magnification into a new marketplace like China or Mexico.
Economic changes like currency devaluation will make Fords product more expensive to their target market potentially reducing overall sales revenue. Oil prices as weve seen in the U.S. economy can also play a big factor as large vehicles become little desirable and more fuel efficient compact cars gain ground market share. Fords production plants rely on very high-tech computers and automated assembly. It takes a significant financial investment and time to reconfigure a production plant later a vehicle model is setup for assembly. Ford has make this mistake in the past and surprisingly hasnt well-educated the valuable lesson as evidence from the hybrid revolution their absentminded out on... If you want to get a full essay, smart set it on our website:
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