Many products' location of production will shift internationally as the products go through their life cycle.

Question

Quizplus · Accepted Answer

This statement is true. As products move through their life cycle, the location of production may shift globally due to various factors such as cost, availability of resources, and proximity to markets. For example, a product may be developed and produced in one country, but as demand grows, production may shift to other countries with lower labor costs to reduce costs and increase profits.

Many Products' Location of Production Will Shift Internationally as the Products