Ford Motor Company owns and operates a $1.9 billion manufacturing plant in Brazil. What method for organizing for global business has Ford used in this example?
A) joint venture
B) strategic alliance
C) cooperative contract
D) wholly owned affiliate
E) strategic franchise

Question

Quizplus · Accepted Answer

A wholly owned affiliate is defined as foreign offices, facilities, and manufacturing plants that are owned by the parent company.

Ford Motor Company Owns and Operates a $1