Ford – Business Success Story

5_1438780320

Ford Motors earlier operated as Detroit Automobile Company. In 1901, the company faced bankruptcy due to its high prices and low quality products. Instead of giving up the idea, Henry Ford, the owner, reorganized resources and idea to construct a new venture known as Henry Ford Company. Ford went into a shutdown stage due to a dispute with a partner. On the third attempt, the company was about to collapse due to low sales and failed to pay back its investors. Company was then saved by angel investors and was renamed as Ford Motor Co.

Advertisements

About Jahanzeb Shaikh

I am a state of confusion that pretends to know something. Sometimes. Subject to change like any healthy garden full of fruit and decay at the same time.
This entry was posted in Success Stories and tagged , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s