Ford Company
Examine how Ford company operates. In the last few years, several industries were hurt in the economic downturn such as the auto industry as well as banking. In this assignment, you will focus on the relationship between the goverment and the market.
1. Read the following handout on market structures (see uploaded file). Which structure best describes the market in which your firm operates? Why?
2. What are some ways that the government has supported Ford industry?
3. The government has two important roles: promote competition as well as protect consumers. Suppose Ford develops a brand new product that is high in demand by consumers. Ford applies and receives a patent. Should the government put time limits on your patent. Explain. (Be sure to do some additional research on your own as there are several recent examples on this issue: Apple vs. Samsung).
PAPER FORMAT AS FOLLOWS:
Set 1-inch margins on all four sides.
?Use 12-point type throughout; don't use different type sizes.
?Double-space the text throughout the paper, including the reference page.
?Do not put extra spaces between paragraphs or between headings and paragraphs.
?Use italics or bold for emphasis, but use them sparingly or it becomes too distracting for your reader