Ford Motor Company

Definition

Ford Motor Company is a global automotive and mobility company based in Dearborn, Michigan, known for its production of cars, trucks, SUVs, and automotive parts. It plays a significant role in the automotive industry's impact on macroeconomic environments and labor relations within the legal framework of human resources.

Related terms

Macroeconomics: The study of the behavior and performance of an economy as a whole, focusing on aggregate changes in unemployment, GDP, and inflation.

Labor Relations: The interaction between management and labor unions or employees concerning workplace decisions, wages, hours, and working conditions.

Legal Environment of Human Resources: Encompasses all laws and regulations that govern employment relationships, including hiring practices, workplace safety, wages, discrimination laws, and employee benefits.