Many of the problems the company experienced are typical of an organisation adopting a production orientation in its marketing strategy. In particular, low-cost mass production is very easy to replicate by new market entrants and Ford was almost put out of business by intense competition from General Motors.
A painting of a hag. A hag is a wizened old woman, or a kind of fairy or goddess having the appearance of such a woman, often found in folklore and children's tales such as Hansel and Gretel.
noun. verb. Lug is defined as a heavy bolt used to fasten a wheel, or is slang for a big man. 1  An example of a lug is the bolt used to mount a tire.2  A man who is helpful at lifting heavy things is an example of a lug.oun. 1  A handle or projection used as a hold or support. 2  A lug nut. 3  Nautical A lugsail. 4  A projecting part of a larger piece that helps to provide traction, as on a tire or the sole of a boot.