Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs. 1700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks. By the year 2004, Ford Motors was selling 27,000 cars in the Indian markets, while 24,000 cars were exported from India to South Africa, Mexico and Brazil. The company wants to develop Ford India as a component supplying base for its other plants across the globe.
according to given passage ,ford motors be termed as mcd based on which of the following options
a ) production of different types of automobiles
b) largest automobile manufacturer in the world
c) because of large scale exports of cars in globe
d) industrial and commercial ventures across world
Dear student,
MNC stands for multinational companies that establishes factories and offices in other countries that are developing and have ample of availability of skilled and unskilled labour at low cost.
As per the given passage, the Ford motors can be termed as MNC based on the fact that it has (d) industrial and commercial ventures across the world.
Note- In the question, you have wrongly mentioned MCD instead of MNC.
Regards.
MNC stands for multinational companies that establishes factories and offices in other countries that are developing and have ample of availability of skilled and unskilled labour at low cost.
As per the given passage, the Ford motors can be termed as MNC based on the fact that it has (d) industrial and commercial ventures across the world.
Note- In the question, you have wrongly mentioned MCD instead of MNC.
Regards.