Assignment FMT Individual Report 1
Assignment FMT Individual Report 1
SCHOOL OF BUSINESS
Fundamentals of Marketing
Individual Report
Submitted by
Semester 1
August 14 2020
2 | F u n d a m e n t a l s o f M a r k e ti n g
Introduction / Background
Ford Motor Company which also known as Ford is an American Multinational
Automakers that has its main headquarters in Michigan, Dearborn, a suburb of Detroit.
The Ford World Headquarters in Dearborn, Michigan is also known as the Glass House.
Ford Automakers was found by a brilliant and innovative person named Henry Ford and
started his business on June 16, 1903. The Fabulous Branded Automakers, Ford, is the
second largest United Stated Automakers and the fifth in the world which behind
Toyota, Volkswagen, and Hyundai Kia based on 2015. Ford as well is the largest
Century, Ford Family were having financial crisis but turned to profitability after solving it
struggled. In 2017, based its own revenue that approximately $156.7 billion Ford has
been reached in the eleventh ranked overall American Automakers 500 list Fortune. 2
years ago, The Fabulous Ford produced approximately 5.5 million of automobiles and
History of Ford
The Brilliant Henry Ford’s first attempt at a car manufacturing was his own company
and was established on November 3, 1901. A year later, Ford left with the rights to his
name and changed his company become Cadillac Motor Company. Henry Ford was 39
years old when he founded the Fabulous Ford Motor Company, which nowadays is one
of the world’s largest and most profitable companies. During its early year, Ford’s
company produced just a few cars in a day at its factory on Mack Avenue compared
right now which produced around 10,000 cars in a day. Ford Motor Company has been
in monarchy family control over 100 years and world’s largest-families controlled.
3 | F u n d a m e n t a l s o f M a r k e ti n g
Between 1903 to 1908, Ford produced the car models A, B, C, F and S which hundreds
or a few thousand of most of these types of models were made huge profits per year. At
the end of year 1908, Ford introduced a new model called Model T which totaled
millions sold over years. After 19 years its introduced, Ford lastly replaced T with the
model A, the first car with safety glass in the windshield and launched the first low-