Market structure and type of ownership
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 2 pages in length, and must follow APA formatting guidelines. A minimum of 2 sources are required.