
Toyota conducts extensive consumer research and discovered that Latinos are reportedly 15% more likely to buy a Japanese auto brand, like Nissan, Honda, or Toyota, than any other ethnic group. Toyota is interested in the Latino market since they represent 20% to 30% of the brands' overall consumers. Due to its extensive use of research and customer insight, Toyota has been the top-selling brand for Latinos for over 10 years thanks to effective marketing, like the "Somos Muchos Toyota" campaign and the implementation of Total Toyota in 2014. Toyota created the Total Toyota strategy, or T2, to increase its focus on minority communities and enhance sales by heading up the project with a team of minority leaders in local business communities. Based on this information, which orientation best applies to Toyota?
A) sales orientation
B) target market orientation
C) market orientation
D) production orientation
Correct Answer:
Verified
Q146: To fully appreciate what an effective marketing
Q147: In the last several years, the Western
Q148: Scenario 1.2 Use the following to answer
Q149: You will give the keynote address at
Q150: Netflix has one of the highest customer
Q152: The majority of the heads of marketing
Q153: Scenario 1.3
A recent meeting of the Council
Q154: Scenario 1.3 A recent meeting of the
Q155: You believe one of the most effective
Q156: The hospitality industry, including restaurants, hotels, and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents