The product life-cycle model states that:
A) as a product "matures" its production can take place where cost advantages are present
B) products become less dependent on "trial and error" fixing once they enter into mass production so they can be produced anywhere
C) production that is routine can be moved abroad
D) mass production is more labour intensive than is early production, it then pays to move production to where labour is cheaper

Question

Quizplus · Accepted Answer

The Answer of The product life-cycle model states that:
A) as a product "matures" its production can take place where cost advantages are present
B) products become less dependent on "trial and error" fixing once they enter into mass production so they can be produced anywhere
C) production that is routine can be moved abroad
D) mass production is more labour intensive than is early production, it then pays to move production to where labour is cheaper

The Product Life-Cycle Model States That