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As a newly hired Ford Motor Company executive it is important to understand what type of market structure and ownership align with Ford Motor Company. Based upon your findings, you will prepare a summary of:
Ford Motor Company's market structure
Key characteristics that define said market structure to include profit maximization, quantity to produce, and whether or not to increase, decrease, or remain output at the current levels
Discuss whether or not Ford Motor Company is profitable along with a 5-year forecast in terms of sales, revenues, and profits
Most importantly, it is important to identify the type of ownership that applies to Ford Motor Company to have a better understanding of how macro and micro externalities affect Ford Motor Company
In addition, if Ford Motor Company was partly owned by the government how would this change the dynamics of the firm?
This assignment must be at least 4 pages in length, and must follow APA formatting guidelines. A minimum of 4 sources are required.
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