The Rise and Fall of Ford Motor Company Essay

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The rise of multinational companies and increased global diversification by even small companies has resulted in people of diverse backgrounds and cultures working together in the same office or for the same organization. Conflict in such situations is predictable, but understanding the diversity issues can help companies implement programs designed to keep conflict at a minimum and to take full advantage of the many benefits which such diversity brings to an organization. Key to understanding how diversity is managed in multinational organizations is understanding the concept of corporate culture (which defines organizations), diversity programs and their use to minimize conflict among employees, and the unique problems that employees…show more content…
For the year, Ford's financial services group registered a record $927 million in earnings, up from the previous year's total of $761 million, which left the company with a $2.25 billion loss for the year, an inauspicious record in Ford's nearly 90-year history. Nevins, Allan; Frank Ernest Hill (1954). Ford: The Times, The Man, The Company. New York: Charles Scribners' Sons. Brinkley, Douglas G. Wheels for the World: Henry Ford, His Company, and a Century of Progress (2003) 2. On December 3, 1984 the residents of a Bhopal, India awoke to a toxic cloud of methyl isocyanate (MIC) gas that had been discharged from the near-by Union Carbida India Limited plant. The deadly cloud infiltrated hundreds of shanties and huts as it slowly drifted in the cool night awaking sleeping residents to coughing, choking, and stinging eyes. By dawn the cloud had cleared and many were dead or injured. Reports of the incident were slow to reach America. Union Carbide, a U.S. corporation that owns 51% of the plant, based in Danbury Connecticut, was in the dark for many days. Union Carbide made front page across the country for months and is still considered the worst industrial disaster in the history of the planet. The official Indian government panel charged with tabulating deaths and injuries updated the count to
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