Seeking to Extend the Product Life Cycle by Expanding into International

question 23

Multiple Choice

Seeking to extend the product life cycle by expanding into international markets has become a less effective strategy because

• A) customer preferences have become more similar around the world.
• B) income levels in many countries are insufficient to support this strategy.
• C) international delivery systems cannot handle the variety of company distribution systems.
• D) product life cycles have already been growing over the years.

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Definitions:

Leadership Styles

Various approaches to leading, directing, and managing groups and organizations, ranging from autocratic to democratic to transformational styles.

Democratic Style

A leadership approach that involves participatory decision-making, where team members have a say in the process.

Organizing Process

The management function of assigning tasks, grouping tasks into departments, and allocating resources to achieve organizational objectives.

Democratic Leader

A leadership style characterized by involving team members in decision-making processes and promoting participation and collaboration.