Ford Motors is a MNC because _____.

it was initially set up by an American named Henry Ford

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it has its manufacturing plants spread over 26 countries of the world

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it has immense capital at its disposal

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none of these

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Solution

The correct option is B it has its manufacturing plants spread over 26 countries of the world
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.

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Similar questions

Q. A. Almost a century ago, when the father of the modern automobile industry, Henry Ford, sold the first Model A car, he decided that only the best would do for his customers.
B. Today, it is committed to delivering the finest quality with over six million vehicles a year in over 200 countries across the world.
C. And for over ninety years, this philosophy has endured in the Ford Motor Company.
D. A vehicle is ready for the customer only if it passes the Ford 'Zero Defect Programme'

(CAT 1997)

Q. In India, the first plant set up by Ford Motors was in ____________.

Q. Because an oversupply of computer chips has sent prices plunging, the manufacturer has announced that it will cut production by closing its factories for two days a month.

The growth of commercial banking has spread over a big part of the country. Yet a major part of the country remains out of its ambit. Comment on this statement.

Q. Arrange the different parts in the correct sequence to form a meaningful sentence/paragraph.
P : Almost a century ago, when the father of the
modern automobile industry, Henry Ford, sold
the first Model T car, he decided that only the
best would do for his customers.
Q : Today, it is committed to delivering the finest
quality with over six million vehicles a year in
over 200 countries across the world.
R : And for over 90 years, this philosophy has
endured in the Ford Motor Company.
S : Thus a vehicle is ready for the customers only if it
passes the Ford Zero Defect Programme.

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