Please do not give solution in image format thanku Read the case about the Ford Motor Company and answer the questions that follow.Ford CEO Jim Hackett knows his leadership style is unorthodox. Hired in 2017, Hackett is also aware of the challenges thatawait him.With almost 200,000 employees globally, the $36 billion company currently is the subject of a criminal investigation intohow it has certified vehicles for U.S. emissions standards, Ford announced that the situation may adversely affect thecompany, signaling more financial troubles ahead.Hackett has big plans for the automaker, though. By 2021, he projects Ford will have driverless car technology, and he hasfrequently visited Silicon Valley. The Motley Fool quoted Executive Chairman Bill Ford as stating:The fact is that we are in unprecedented times, both in terms of opportunities and potential landmines. Ibelieve that we need a transformational leader who has done it, who has reimagined a company into a futureand then brought that company along with him...Hackett's vision for the future includes an $11 billion restructuring plan, which contains boosting overseas operations. Thecompany sees the new CEO as a change agent who will revamp their strategy. Hackett was formally at Steelcase furniturecompany for almost 20 years, where he is known for revamping the culture and maintaining profitability. During that time.his changes resulted in laying off 12,000 employees. However, he met with the laid-off employees and helped them withnetworking to find new jobs.Some were worried of the same when he arrived at Ford and say their fears were justified when a 7,000-worker layoff ofwhite-collar employees was instituted soon after. Hackett focused on the "lean" aspect of these moves and resultingprofitability. When confronted about his choice to institute logic-based, methodological decision making that didn't work inthe first months at Ford, he said, "Shame on me." He stated that it caused too much anxiety.Part of the restructuring plan will give Americas Chief Joe Hinrichs and Europe Chief Jim Farley more autonomy over theirown operations. Both will not focus specifically on their regions but on "global markets." So far, the Executive Board ispleased with their choice to hire Hackett.Executive Chairman Bill Ford believes that CEO Jim Hackett will take action that will achieve the company goals, or that he will display highTrouCOD5 11Next > Executive Chairman Bill Ford believes that CEO Jim Hackett will take action that will achieve the company goals, or that he will display highMultiple ChoiceO contingency.Oautocratic style.leader effectiveness.readiness.leader emergence.ESay

Jim Hackett's vision for the future of Ford includes implementing driverless car technology by 2021…

Answered: Executive Chairman Bill Ford believes…

Understanding Business

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Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

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Executive Chairman Bill Ford believes that CEO Jim Hackett will take action that will achieve the company goals, or that he will display high Multiple Choice O contingency O autocratic style. leader effectiveness. readiness. leader emergence.