The __________ is associated with the first production of the product in the innovating country (0-A) and the early portion of the export monopoly stage.
A) new-product stage
B) growth stage
C) maturity stage
D) decline stage

Question

Quizplus · Accepted Answer

The new-product stage is associated with the first production of the product in the innovating country and the early portion of the export monopoly stage. At this stage, the product is new to the market and has a significant competitive advantage. The company may be in the process of establishing its brand and route to market, and growth opportunities are significant.

The __________ Is Associated with the First Production of the Product