Which of the following most accurately describes the maturity stage of the International Product Life Cycle?
A) The product is introduced to other developed countries
B) A new product will replace the existing product as it gets old
C) Developing countries can produce the same product the developed country invented
D) A product is invented and introduced in a developed country

Question

Quizplus · Accepted Answer

During the maturity stage of the International Product Life Cycle, the product becomes standardized and production processes become more efficient, allowing developing countries to start producing the same product. This is because the technology and know-how required to manufacture the product become widely available, and cost advantages can be sought in countries with lower labor costs.

Which of the Following Most Accurately Describes the Maturity Stage