Solved

In the Early 1920s,Ford Famously Promised Its Customers Any Colour

Question 98

True/False

In the early 1920s,Ford famously promised its customers any colour vehicle they wanted,"as long as it was black." Ford's management assumed anyone buying a car would accept the colour black,so it made products affordable by offering only one variety in large quantities.Ford is an example of a market-oriented firm.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions