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Question
During which of the following stages of the international product life cycle theory does high purchasing power and buyer demand in an industrialized nation encourage a company to design and introduce a product concept?A) product decline stage
B) new product stage
C) maturing product stage
D) standardized product stage
Answer
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A) The countries have experienced an increase in life expectancy.
B) As a result of extensive commercialism, there has been a decline in personal income.
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