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QUESTIONS (A)ldentify and describe risks facing Ford Motor Company in 1916. (B)Describe Ford's strategy. Did Ford follow a differentiation or cost- leadership strategy? How did
QUESTIONS (A)ldentify and describe risks facing Ford Motor Company in 1916. (B)Describe Ford's strategy. Did Ford follow a differentiation or cost- leadership strategy? How did their strategy help Ford manage risks? (C)Describe the corporate governance of Ford. Did the corporate governance satisfy the needs of all stakeholders? Did it help Ford manage risks? (D)The Dodge brothers believed that Henry Ford was engaging in philanthropy with pricing and labor strategies. Do you believe that a corporation should be allowed to engage in philanthropy at the expense of profit? Can a corporation make "too much money?" (E) What advantages do you see to Ford's pricing, labor, and dividend strategies? How did these strategies help Ford manage risks? Do you believe that Ford was maximizing short-term profits? Long-term profits? Do you agree with Dodge, Ford, or the Michigan Supreme Court in this case? (F) Use agency theory to model the Ford Motor Company. Identify principals and agents. Did Ford achieve goal congruency? Identify and discuss examples of moral hazard. (G) In 1916, Ford was accused of philanthropy for its pricing and labor strategies. By 1970, Ford was accused of producing an unsafe vehicle (the Pinto) to save a few dollars in unit cost. What do you think caused this change in corporate attitude? (1) What would you do if you were Ford's CEO today? 18:23 / QUESTIONS (A)ldentify and describe risks facing Ford Motor Company in 1916. (B)Describe Ford's strategy. Did Ford follow a differentiation or cost- leadership strategy? How did their strategy help Ford manage risks? (C)Describe the corporate governance of Ford. Did the corporate governance satisfy the needs of all stakeholders? Did it help Ford manage risks? (D)The Dodge brothers believed that Henry Ford was engaging in philanthropy with pricing and labor strategies. Do you believe that a corporation should be allowed to engage in philanthropy at the expense of profit? Can a corporation make "too much money?" (E) What advantages do you see to Ford's pricing, labor, and dividend strategies? How did these strategies help Ford manage risks? Do you believe that Ford was maximizing short-term profits? Long-term profits? Do you agree with Dodge, Ford, or the Michigan Supreme Court in this case? (F) Use agency theory to model the Ford Motor Company. Identify principals and agents. Did Ford achieve goal congruency? Identify and discuss examples of moral hazard. (G) In 1916, Ford was accused of philanthropy for its pricing and labor strategies. By 1970, Ford was accused of producing an unsafe vehicle (the Pinto) to save a few dollars in unit cost. What do you think caused this change in corporate attitude? (1) What would you do if you were Ford's CEO today? 18:23 /
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