Introduction
Ford motor company was established in the 1900s and has run its operations in an effective manner since then. Its products are wide and varied, and besides manufacturing, it offers credit services, sells vehicle accessories and conducts heavy repairs. Its standardization policy has enabled it to gain acceptance within the social, economic and legal sphere. In the recent past, the company is facing unprecedented competition from both the home and foreign motor manufacturing companies. As such, it has been compelled to make inventions in order to maintain and possibly expand its market share. It has also had to change ...