[Get Solution]Ford Agency

Unit 7: DiscussionFord’s Trucks and SUVs Offer Greater Return on InvestmentBusiness FocusFord Motor Company plans to spend $7 billion to develop more trucks and sport-utility vehicles (SUVs). The company’s CEO, Jim Hackett, is making the sizable investment in response to a rapid shift in customer tastes away from sedans toward vehicles with greater space and utility. He also supported the cash outlay because trucks and SUVs earn higher margins than sedans.As you’ll learn in Chapter 11, return on investment (ROI) is a function of margin multiplied by turnover. In Ford’s case, its trucks and SUVs offer an attractive margin and turnover. Margin is calculated as net operating income divided by sales, whereas turnover is a function of sales divided by average operating assets. Hackett also plans to reduce materials and engineering costs across the company’s vehicle lineup by $14 billion over five years.Source: Mike Colias, “Ford Shifts $7 Billion to Trucks and SUVs,” The Wall Street Journal, October 4, 2017, p.B1.Source: Garrison, R., Noreen, E., & Brewer, P. (2021). Managerial accounting (17th ed.). New York, NY: McGraw-Hill Education.DirectionsInitial PostingFord Motor Company’s CEO Jim Hackett tied financial metrics to corporate strategy. This strategic initiative/move worked to Ford’s benefit. You can read about this on Ford’s website and learn how Hackett did this in previous positions which he occupied. You can begin reading about this at Ford Motors Strategic Analysis. (Links to an external site.)Please perform more scrutiny as to how and what Hackett did. Try to discover what metrics or financial ratios were used in Hackett’s strategic initiative at Ford or other companies in which he worked. He was a master at linking metrics with corporate strategy.Next, disclose your research findings in your initial post. Include supporting information from websites to examine and illustrate the linkage of financial metrics with corporate strategy. Then please respond to the following questions:1. How does Ford Motor Company routinely use financial metrics to drive changes in corporate strategy? Provide examples of collaborating information from corporate websites to support your response.2. Differentiate which financial ratios are commonly used for continuation of corporate strategy? Which ratios are specifically used for changes in corporate strategy? Is there any differentiation for continuation vs. changing strategies and reported ratios?

 

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
[Get Solution]Ford Agency
Get a 15% Discount on this Paper
Order Now

 

 

 

So much stress and so little time? We’ve got you covered. Get your paper proofread, edited or written from scratch within the tight deadline.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with MyCoursebay
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Technology
Great job on the paper!
Customer 452885, December 14th, 2022
Nursing
This is great! Thank you
Customer 452679, December 16th, 2021
Human Resources Management (HRM)
Thank you so much.
Customer 452701, August 14th, 2023
Social Work and Human Services
Thank you for the great job
Customer 452469, February 3rd, 2021
Other
GREAT
Customer 452813, June 20th, 2022
Social Work and Human Services
Thank You!
Customer 452587, November 17th, 2021
Web programming
outstanding!
Customer 452715, September 16th, 2022
History
thank you so much for the help, I really appreciate that.
Customer 452725, February 13th, 2022
Nursing
Great work. Will definitely recommend
Customer 452523, May 15th, 2021
ENG 099
Excellent Paper. The only 100 in the class.
Customer 452775, July 19th, 2022
Nursing
They research and provide the best and up-to-date information..
Customer 452707, June 27th, 2023
IT, Web
Don did an excellent job!!!
Customer 452885, January 25th, 2023
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Good News ! We now help with PROCTORED EXAM. Chat with a support agent for more information

NEW

Thank you for choosing MyCoursebay. Your presence is a motivation to us. All papers are written from scratch. Plagiarism is not tolerated. Order now for a 15% discount

Order Now