On June 16, 1903, an intelligent man named Henry Ford and 11 associates opened the Ford Motor Company with $28,000 in cash, like most companies Ford started out modest, but soon rose to be the most successful manufacturer in the country. One thing that separated Ford from all other manufacturers was the assembly line. The assembly line allowed Ford to produce cars faster and more efficiently that many other companies. By the time the 50’s had reached, Ford had adapted to fulfilling its customers needs, and had increased the number of stockholders to 350,000. Soon after, the Ford Company made the decision to go global, which was a great success. Today the company has grown to consist of a number of brands that are formatted to meet the needs of the constantly changing consumer (History).
Though the company had continuous success for many years, last year started a downfall for the company. In October of last year the CEO of Ford, Bill Ford Jr.,... [continues]
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