The theory that a company will begin by exporting its products and later undertake foreign direct investment is referred to as the _______________ theory.
A)eclectic life cycle
B)market improvements life cycle
C)international product life cycle
D)market power life cycle

Question

Quizplus · Accepted Answer

The theory that a company will begin by exporting its products and later undertake foreign direct investment is referred to as the international product life cycle theory. This theory suggests that a product goes through different stages of development, beginning with domestic production and then moving towards exporting, foreign production, and finally foreign direct investment.

The Theory That a Company Will Begin by Exporting Its