One more reading!
Please have this essay read by class on Wednesday, July 14th.
gladwell dot com / Big and Bad: "Ford had planned to sell the Expedition for thirty-six thousand dollars, and its best estimate was that it could build one for twenty-four thousand--which, in the automotive industry, is a terrifically high profit margin. Sales, the company predicted, weren't going to be huge. After all, how many Americans could reasonably be expected to pay a twelve-thousand-dollar premium for what was essentially a dressed-up truck? But Ford executives decided that the Expedition would be a highly profitable niche product. They were half right. The 'highly profitable' part turned out to be true. Yet, almost from the moment Ford's big new S.U.V.s rolled off the assembly line in Wayne, there was nothing 'niche' about the Expedition.
Ford had intended to split the assembly line at the Michigan Truck Plant between the Expedition and the Ford F-150 pickup. But, when the first flood of orders started coming in for the Expedition, the factory was entirely given over to S.U.V.s. The orders kept mounting."
Monday, July 12
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