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According to the International Product Life Cycle Theory,in Which of the Following

question 6

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According to the international product life cycle theory,in which of the following stages is a good produced in the home country because of uncertain domestic demand and to keep production close to the research department?


Definitions:

Express Warranty

An explicit guarantee made by a seller about the condition, quality, or performance of a product, forming part of the contract of sale.

Business Contracts

Legally binding agreements between two or more parties that outline the terms of business transactions.

Time Of Payment

The specific date or period as stipulated in a contract by which payment is due to be made.

Delivery

Delivery is the act of transferring an item from one party to another, in the context of sales or transportation, with the intention of passing control or ownership.

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