Question

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 wanted to develop Ford India as a component supplying base for its other plants across the globe.





26.2. According to the given passage, Ford Motors can be termed as a Multi-National Company based on which of the following options? (1)

(a) Production of different types of automobiles

(b) Largest automobile manufacturer in the world

(c) Because of larger scale exports of cars across globe

(d) Industrial and commercial ventures across globe

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Answer 1

Answer:

(i) B. Foreign investment

(ii) D. Industrial and commercial ventures across globe

(iii) C. Tap the benefits of low-cost production and a large market

(iv) D. Interlinking of production across countries

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