Asian countries are often cited for their utilization of what is known as:
A)the economic curve.
B)the product life cycle.
C)technological descent.
D)product peripheralism.
E)the industrial curve.

Question

Quizplus · Accepted Answer

The product life cycle refers to the stages a product goes through from introduction to decline. Many Asian countries have been successful at utilizing this concept to develop and market products. They focus on developing new products quickly and efficiently, and then constantly improve and innovate them in order to stay ahead of competitors. This approach has helped Asian countries become leaders in industries like electronics and automotive manufacturing.

Asian Countries Are Often Cited for Their Utilization of What