Ford project module 5.docx Ford Motor Company Southern New Hampshire University Costs

Ford project module 5.docx    Ford Motor Company  Southern New Hampshire University  Costs of Production  Cost of production is also known as the costs in relation to making or attaining goods and services that create revenue for a company. Ford Motor Company accomplishes this by producing and selling motor vehicles to its consumers. They distribute to five major geographical sectors; North America, South America, Asia-Pacific, Europe, and Middles East/Africa. North America being the largest. Classified into two categories, Ford Motor Company classifies their costs and expenses. First;cost of sales and secondly; selling, administrative, and other expenses.  Ford has implemented a marketing strategy to output its decisions. Consisting of a mix of products, ranging from auto, trucks, buses, tractors, just to name a few. In addition, Ford offers promotional opportunities. Compiled of advertising, personal/direct selling, sales promotions and public relations. Distributing Ford™s market through venues such as dealerships and Ford.com. Dealerships are the most prominent location of distributing its product. Additionally, organizational changes have been applied. œThe reorganization, the result of a 10-week deep dive led by Ford COO Jim Farley, is aimed at sharpening Ford™s focus on product and launch execution; fully leveraging smart, connected vehicles and big data to better serve customers; improving quality and lowering costs; and creating a dedicated commercial vehicle business in the U.S. and Canada (