Question

The Toyota Mirai is a prime example of advanced technology. However, there are no refueling stations available or planned in the Midwest, so to someone in Michigan, the Mirai would be a poor purchase. This is an example ofa) quality being defined by the buyer.b) poorly designed technology.c) the market not wanting advances in technology.d) a product designed for all markets.e) a product being of low-quality

Answer 1

Answer:

The correct answer is the option C: the market not wanting advances in technology.

Explanation:

To begin with, the fact that the new product is an example of advanced technology it does not exactly engages in the fact that it will work in every market that it will be launched. That is the example presented in the case, the new product is so good but the market where it launched it was not ready yet for its arrival and that is because it did not have the refueling stations so that implicates that if there are not those stations then the demand of that type of cars is not enough and therefore the market is not wanting that kind of advances in technology so that is why that to someone in Michigan the Mirai would be a poor purchase.