According to the product life cycle theory,production and sales are primarily domestic in the introductory stage because ________.

Question

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In the introductory stage of the product life cycle theory, businesses are focused on getting quick market feedback and making adjustments to the product accordingly. This is easier to do in a domestic market where they have more control and can receive feedback more quickly. Additionally, international transport costs can be high and tariff reductions may still be under negotiation, making it more cost-effective to focus on domestic sales first. International patents may also not be approved yet, but this is not the primary factor affecting production and sales in the introductory stage.

According to the Product Life Cycle Theory,production and Sales Are