According to the product life cycle (PLC)theory, production and sales are primarily domestic in the introductory stage because ________.
A)businesses need quick market feedback
B)tariff reductions remain under negotiation
C)international transport costs are too high
D)international patents have not been approved

Question

Quizplus · Accepted Answer

During the introductory stage, businesses need quick market feedback to understand the customer's response and make necessary changes to the product. Domestic sales ensure a quick response to market demands and easy access to customer feedback, which is crucial during the product's initial stage.

According to the Product Life Cycle (PLC)theory, Production and Sales