Economics

Wednesday, September 20, 2006

Ford Assignment

Ford is having financial problems due to outsourcing, competition, and many product decisions. Products that are made in the U.S. can be made cheaper in countries to the east. Ford is also losing money due to early retirement plans that they are offering, workers can get up to $140,000 for retirement based on how long they have worked there and how close they are to retirement. There cars also aren't the best on gas so Ford isn't selling as many cars as imports do due to gas prices.

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