Final answer:
Toyota's investment in Uber technology development is an example of R&D, focusing on creating superior products that will likely influence future transportation standards. Historical technological shifts, like the introduction of the Prius or GPS, have similarly transformed consumer experiences and markets.
Step-by-step explanation:
The aspect of development that Toyota is investing in, regarding technology that offers superior attributes to existing products, involves research and development (R&D). The process of R&D is essential in bringing about new advancements, such as the invention of new products, the establishment of more efficient production processes, and the implementation of more effective company management strategies. With regard to Uber technologies that Toyota is investing in, it underscores a commitment to innovation in the realm of transportation, likely focusing on enhancing safety, fuel efficiency, and integration with current infrastructure, much like how previous advancements like the Prius hybrid car and GPS tracking devices have reshaped consumer experiences.
For a broader understanding, consider Technotron, a fictitious American company that developed a new technology increasing its goods' output and quality while reducing labor and costs. The R&D efforts at Technotron led to advantages in the marketplace, potentially echoing the same impact Toyota's investment aims to achieve in the transportation sector. This initiative not only enhances economic outcomes but also aligns with historical shifts in technology that have redefined living and working standards, such as the transition from horses to automobiles, and from manual labor intDOTensive tasks to automated convenience.