According to the international product life cycle, in which stage of a product's life does a company directly invest in production facilities in countries where demand is great enough to warrant production facilities?
A) New product stage
B) Maturing product stage
C) Standardized product stage
D) Declining product stage

Question

Quizplus · Accepted Answer

In the maturing product stage, demand in foreign markets increases, leading companies to invest in production facilities abroad to meet local demand efficiently.

According to the International Product Life Cycle, in Which Stage