which is not a part of international strategy lifecycle? A. Product demand develops and firm exports products b. Firm introduces innovation in domestic market c. Production becomes standardized and is relocated to low cost countries d. Diversification strategy
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'Production becomes standardized' and is 'relocated to 'low-cost countries' is not a part of the international strategy lifecycle.
Answer: Option c.
Explanation:
When a product gets standardized, the company can make the product at very low cost and 'economies of scale' are reached. It is pointless therefore to send the product to low-cost countries, as the aspect of low cost is already achieved.
This is not a part of the international strategy lifecycle. Exporting new products and access to new markets, innovation in domestic markets and market penetration and diversification are otherwise parts of the product lifecycle.
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