Lacord Inc

Lacord Inc., a wires and cables manufacturing company, produces water-resistant cables. It has now been ten years since the cables were first introduced in the market. The product is now in its decline phase. In the context of the international product life cycle, which of the following is likely to be true in this case?

A) The product will continue to be sold only in developed countries rather developing countries.
B) The product will experience a decrease in sales in more affluent countries.
C) The investment on the production of the product will increase.
D) There will be increased focus on creating repeat buyers.