Question

Explain the various stages in the international product life cycle. Discuss life cycle stretching strategies

Answer 1

here 1st we have to know about what's the export and import means...

exports refers to selling goods to another country for foreign currency...

port refers to buying goods from another country for foreign products.

the imports is attached with the life cycle of international product how?

a person sham () ---goods sent ( export)-----------------to-----sammy().

a person Sammy ()---------goods sent----to ----------sham().

means sham imports goods as the demand of international product rises.

the life cycle of international product starts from the :-

1).communication of both the parties.

2).signed by both the parties.

3).registered by the law.

4).shipping charges.

5).transport(carrier packages).

6).transport expenses.

7).memo expenses.

are included in the life cycle of international product.

THANK YOU!

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