Would you say Ford Motors is a MNC? Why?
Yes, Ford Motors is a Multinational Corporation (MNC).
Ford Motors is an American company and one of the world's largest automobile manufacturers. It has its production spread over 26 countries of the world, which is a defining characteristic of a MNC. A MNC is a company that owns or controls production in more than one country.
Ford Motors came to India in 1995 and set up a large plant near Chennai with an investment of Rs. 1700 crore. It not only sells cars in the Indian market but also exports cars and car components to other countries like South Africa, Mexico, Brazil and the United States of America. This global spread of production confirms that Ford Motors is a MNC.
Explanation
The textbook explicitly states that Ford Motors is an American company with production spread over 26 countries. This satisfies the definition of a MNC - a company that owns or controls production in more than one nation. The additional details about Ford's operations in India (setting up a plant, selling cars domestically, and exporting to multiple countries) further reinforce its status as a MNC. Students should mention both the American origin and the global spread of production across 26 countries to secure full marks.