Social Sciences, asked by Rameshkumarbitra5, 10 months ago

Based on the relationship between the information in the first pair, complete the second pair.
Mahendra & Mahendra : Ford Motors
Parak Foods : ?

Answers

Answered by skyfall63
0

Mahendra & Mahendra : Ford Motors  :: Parak Foods : Cargil India

Explanation:

  • Ford Motor Co decided in a joint venture with Mahindra and Mahindra to sell much of its investments in India. A videoconference from his Dearborn headquarters in Michigan, USA joined by Anand Mahindra, President of the Mahindra Company, and his Ford counterpart, Bill Ford, assured the transaction as "a win win" for the two firms. In India both Ford & Mahindra will also have independent brands and stores, however vehicles are co-developed and businesses will produce vehicles for one another strategically.
  • Parakh Foods and Oils Limited is a Non-government company, incorporated on 17th March, 1993. It's a public unlisted company and is classified as'company limited by shares'. Parakh Foods & Oils Limited has been involved in the food processing industry over the last 27 years. For two years, Parakh Foods and Cargill India had been working together for the selling of branded cooking oil. This was the first JV in the Indian Rs 5,000 crore branded kitchen oil industry between the MNC and the house company. Puna-based Parakh Foods sold its ownership of two leading Nature Fresh brands and Gemini and four food oil refineries to Cargill India, which had a 49 percent interest. It became the biggest enterprise in the domestic oil market, with the potential to manufacture 5 m pouches a day. However the JV was shortlived due to because of irreconcilable differences  in their management objectives, "market strategy" & operational styles. "

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