Product standardization and comparative disadvantage are the characteristics of this stage of the international product life cycle theory.

Related MCQs

• According to the international product life cycle theory, a country that developed an innovation will eventually become
• International product life cycle has important implications for a company’s-----------
• The International Product Life Cycle suggests that countries will-------------- in their timing of the demand for various products
• The product life-cycle stage, in which sales plunge to zero or drop to a low level at which they continue for many years, is the _____.
• Typically, profits are highest in which stage of the industry life-cycle?
• Typically, profits are highest in which stage of the industry life-cycle?
• Within the firm, it is primarily the ________ or _________ managers who argue for standardization for the sake of economies of scale.
• Which of the following industries is least likely to follow the conventional life-cycle model?
• According to the view of Michael Porter, firm first develop product for domestic market and later on launch in international market. This view is consistent with which of the following factors?
• The product cycle will also show whether the market is expanding or declining and,therefore, may help in determining the ---------------