How does the Ford EcoSport's Terrain Management System work?

I've been hearing about the Ford EcoSport's Terrain Management System and I'm curious about how it actually works. Can someone explain it to me?

The Ford EcoSport's Terrain Management System adjusts the car's traction and stability control settings based on the terrain you're driving on. For example, if you're driving on snow or sand, it will adjust to provide better handling. You can switch between modes with the dial on the center console.

I've found the Terrain Management System to be really useful when going off-road. It's important to remember to switch to the correct mode for the terrain you're driving on to improve traction and performance.