Ford Found Itself at a Disadvantage in the China Market

Multiple Choice

Ford found itself at a disadvantage in the China market relative to GM because the Chinese developed a joint-venture with GM in the 1990s. Ford also ran into domestic challenges beginning in 2008 and was humiliated with both GM and Chrysler by Congress. Ford has responded to these challenges by:

A) paying off TARP money faster than both GM and Chrysler
B) successfully rebounding after bankruptcy proceedings
C) making the resolve to "go it alone"
D) developing a joint venture with India to counter the GM-China joint venture