Tuesday, April 24, 2018

Ch. 11 - Developing and Managing Products




 Hybrid car is one of the newest innovations in car market and Toyota is the pioneer and leading company in this market. Prius was New-to-the-world product when Toyota introduced it back in 1998. Their strategy was to develop a Mid-size low price car with high quality and low fuel consumption. Toyota Spent considerable amount of time, money and risk to design and develop a car that didn’t exist in the market.



No comments:

Post a Comment

Note: Only a member of this blog may post a comment.