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Toyota is selling its hybrid Prius vehicle, built on global platforms, successfully in 80 countries. This information best supports the assumptions made under the _____________.

User Jwvh
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Final answer:

The successful global sales of Toyota's Prius supports the assumptions of globalization, which suggests that industries must compete on a global scale, not just locally. The Prius, built on global platforms, aligns with international standards, indicating the importance of adapting to global markets and competition.

Step-by-step explanation:

The success of Toyota's hybrid vehicle, the Prius, in 80 countries can best support the assumptions made under globalization. The concept of globalization implies that companies operate on a global scale, crossing national borders and catering to international markets. The extensive sale of the Prius reinforces the idea that industries, especially the automobile industry, have to consider global competition rather than just local or national markets.

International trade and competition have pushed automakers like Toyota to innovate and adapt to various markets, leading to the production of vehicles that are appealing across different countries. The idea that the Prius is built on global platforms means that it was designed with international standards and tastes in mind, allowing for a wider appeal and market penetration.

The success of the Prius also challenges the traditional dominance of local players, such as General Motors, Ford, and Chrysler, by introducing a product that competes globally. Globalization encourages this kind of competition, which can lead to an increase in quality and a decrease in prices for consumers. The ability to sell a product like the Prius successfully on a global scale is a clear indication of how global market strategies can lead to success for companies able to adapt and cater to an international audience.

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