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Q.

Which of the following MNCs are in collaboration with Mahindra and Mahindra?


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a

Ford Motors

b

Volkswagen

c

Toyota

d

None of the above 

answer is A.

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Detailed Solution

Ford Motors is in collaboration with Mahindra and Mahindra. In 2019. Ford Motors collaborated with Mahindra and Mahindra, where the former held 49 per cent of the total share and the latter held 51 per cent of the controlling shares. It was a partnership created to form a joint venture to develop and sell cars in the Indian Market. The tie-up allowed Ford motors to launch new vehicles rapidly with a low production cost and lower investments. It shows the inherent working of a multinational corporation. A multinational company is a corporation that owns and controls production in various countries.
 
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