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Current Market Conditions Competitive Analysis Paper

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Current Market Conditions Competitive Analysis Paper
Current Market Conditions Competitive Analysis
Current Market Conditions Competitive Analysis
Ford History Ford Motor Company was established in 1903 by Henry Ford (www.history.com, 1996-2013). This company has been a leader in the automobile manufacturing industry for over 100 years. The first vehicle ever sold by Ford Motor Co. was the Model A passenger vehicle. It was a two cylinder, eight horsepower, gas driven vehicle that could carry up to four passengers. Five years later (1908) Mr. Ford introduced the Model T passenger vehicle which was intended to be an affordable vehicle for everyone. Since then Ford Motor Co. has been an innovative genius by developing some of the best technology related to assembly lines and universal …show more content…
Lower birth rates affect the demand for car seats because there will be less people that need to purchase car seats. Safety can affect the demand for car seats because many people shop for the safest car seat that will protect their child in case of a car accident. The demand for car seats can also be affected by price because people shop for the safest but affordable car seats they can find.
One factor that can affect the supply for car seats is the increase in cost for producing car seats from government regulations. The increase in cost can decrease the amount of car seats that are produced. This can affect the equilibrium price because a decrease in supply and increase in demand can cause the equilibrium price to increase. However, on the other hand if there is a decrease in demand and a decrease in supply, the equilibrium price can …show more content…
Companies such as Evenflo, Graco, Chicco, and others are the names that people are used to hearing when it comes to car seats for their children. Knowing that Ford does have a good reputation in the United States with giving consumers the feeling of safety developing a car seat that fits comfortably in the vehicles can only help this.
At the start up of producing car seats by Ford there will be some challenges on deciding the details because they will be competing with some large brands that people have learned to respect. Parents only have the concern for safety of their children and if they feel that Ford can give this to them they may opt for purchasing not only a safe vehicle, but a car seat that has been developed to fit in the vehicle better. In the long-term profitability with technological change Ford will have an edge over their competitors and the cost will only be
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