A product in the later stages of its life cycle, such as a videocassette recorder, will be

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A product in the later stages of its life cycle, such as a videocassette recorder, will be sold to consumers worldwide, regardless of country development level. The company selling the product will heavily compete on price and, thus, most likely manufacture the product in a developing country, where labor is inexpensive, to sell all over the world. Most likely, the company will have at least one subsidiary located in the country of product manufacture.

A Product in the Later Stages of Its Life Cycle