Which of the Following Statements Is True About Product Life

question 39

Multiple Choice

Which of the following statements is true about product life cycle theory?

• A)The theory was developed in the 1960s when the U.S. was the leader in R&D.
• B)The international system of production is becoming too complicated to be explained by a simple version of the product life cycle theory.
• C)It predicts that over time the U.S. switches from an exporting country of new products to an importing country.
• D)All of the above

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Definitions:

Multiple Countries

Involving or relating to more than one country or nation.

Lice

Lice are parasitic insects that infest human hair and feed on extremely small amounts of blood drawn from the scalp.

Mites

Small arachnids that are often parasitic, affecting plants, animals, and humans.

Named

Specifically identified or given a particular title or name.