With respect to the international product cycle theory, which stage's orientation is primarily domestic in nature?
A)Growth
B)Maturity
C)Saturation
D)Introduction
E)Decline

Question

Quizplus · Accepted Answer

The Introduction stage of the international product cycle theory is primarily domestic in nature because it is during this phase that a new product is developed and first introduced within the local market, before potentially being introduced to foreign markets in later stages.

With Respect to the International Product Cycle Theory, Which Stage's