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what led to henry ford's success as an entrepreneur
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Mathematics
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Author:
shaylagill258 - 1 month ago
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Answers: 1
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Answers
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Henry Ford's success as an entrepreneur is largely attributed to his strong work ethic, innovative vision, and dedication to perfecting the production process. He was also a shrewd businessman and able to recognize opportunities, take risks, and capitalize on them. He was also an astute marketer and leader, pioneering the use of mass marketing and recognizing the importance of employee satisfaction, both of which helped him build trust and loyalty with customers. Additionally, Ford was ahead of his time in terms of understanding the importance of product design, quality control, and cost-efficiency, all of which enabled him to remain competitive and successful in a rapidly changing industry.
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Answered:
Lee Hess
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