Which of the Following Is a Major Disadvantage of the Product

question 60

Multiple Choice

Which of the following is a major disadvantage of the product life-cycle theory introduced by Vernon?

• A) The theory's arguments seem ethnocentric and increasingly dated.
• B) The theory failed to explain the dominance of developed nations.
• C) The theory applies only when a poor nation invents a new product.
• D) The theory cannot be used to explain the production of luxury products.

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Definitions:

Forgiveness

Ceasing to feel angry toward or seek retribution against someone who has wronged you.

Infidelity

The act of being unfaithful or violating a trust or commitment, particularly in a romantic relationship.

Forgiveness

The act of letting go of resentment or anger towards someone who has committed a mistake, offense, or harm, without holding the act against them.

Relationships

Bonds or connections between individuals, which can be based on factors like affection, kinship, common interests, or social commitments.