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Topic: |
Business
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Number of pages / Number of words: |
4 / 1072 |
Essay's paper body
But the company is hampered on the technology end because of strict labor agreements with the UAW, and will therefore likely reduce shifts and slow down assembly lines rather than close plants completely.
During Jack Nasserâs tenure, the company pursued a downstream vertical integration strategy, acquiring various replacement parts and maintenance companies such as Kwik-Fit in Europe...
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In order to generate cash flow and reduce expenses, the company is now seeking tooffload such subsidiaries. Nasser also invested heavily in various eBusiness ventures such as Covisint, believing that Ford would be able to benefit from the dot.com boom. As the prospects for the success of such ventures have all but evaporated, Ford is now seeking to exit such eCommerce related ventures...
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