In the era of hyper-demand, Henry Ford held a belief close to his heart. ... In order to accomplish this goal Henry Ford devised a plan to mass-produce uniform, identical automobiles at a low cost. On the other hand, General Motors' strategy was different than that of Henry Ford. ... Ford was the first to conquer this obstacle. ... Entrepreneurs such as Henry Ford and Alfred Sloan had clear visions and took risks to make these visions possible. ...

• Word Count: 1771
• Approx Pages: 7
• Grade Level: Undergraduate

The modern business world is all about change. Companies must stay on their toes and must be able to adapt to the times. In the past change occurred but it was not so drastic since technological advances were occurring at a slower pace. In today's age technology has made for a totally different busi...

• Word Count: 434
• Approx Pages: 2
• Grade Level: Undergraduate

Henry Ford's new implementation of the assembly line greatly dropped the production price of his Ford Model T from $1200 to only $295. ... In less than a decade, Ford sold over fifteen million Model Ts. ...

• Word Count: 791
• Approx Pages: 3
• Grade Level: Undergraduate