Exporting can extend a product's life cycle by exporting to currently unserved markets where the product will be at the introduction stage of the life cycle.

Question

Quizplus · Accepted Answer

By exporting to currently unserved markets, the product can be introduced to new consumers who may be unfamiliar with it, thus extending the product's life cycle. These markets may be at an earlier stage of the life cycle, providing additional opportunities for growth and expansion.

Exporting Can Extend a Product's Life Cycle by Exporting to Currently