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inessss [21]
3 years ago
7

Has Toyota done the right thing by manufacturing a car brand for everyone? Why or why not?

Business
1 answer:
Alekssandra [29.7K]3 years ago
6 0

Yes, Toyota has done the right thing by manufacturing a "car brand for everyone" at all geographic locations. They have excelled at the <u>product</u>, <u>place </u>and <u>promotion </u>marketing concepts. Historically, the company has been successful because it created diverse products at different price ranges to satisfy most automobile consumers.

However, Toyota made a huge mistake investing solely in hybrid technology instead of pure electric, so now they are behind the electric vehicle race which might ultimately bankrupt the Japanese giant.

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