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APICS Exam CLTD Topic 1 Question 83 Discussion

Actual exam question for APICS's CLTD exam
Question #: 83
Topic #: 1
[All CLTD Questions]

Which of the following theories is illustrated in the list below?

Stage 1: A new product is created to fill a domestic need and produced locally.

Stage 2: The newly created product is offered to international customers.

Stage 3: International customers develop expertise and offer the product at a lower cost to the original country.

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Suggested Answer: A

by Jacklyn at Jul 14, 2024, 04:51 AM

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Merissa
3 months ago
I'm going with A) International product life cycle theory. Survival of the cheapest, am I right?
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Glendora
1 months ago
I agree with you, A) International product life cycle theory seems to fit the scenario best.
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Patrick
1 months ago
Actually, I believe it's A) International product life cycle theory. It makes sense with the stages you mentioned.
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Kyoko
2 months ago
I think it's D) Theory of Comparative Advantage. It's all about countries specializing in what they do best.
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Daniel
2 months ago
Yes, you're right! The International product life cycle theory explains how products evolve over time.
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Jaclyn
3 months ago
A) International product life cycle theory. Classic case of 'Made in China' taking over the world, one product at a time.
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Amos
3 months ago
D) Theory of Comparative Advantage. Makes sense - the original country can't compete with the lower costs overseas. Guess we're all just victims of globalization.
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Scarlet
2 months ago
D) Theory of Comparative Advantage. Makes sense - the original country can't compete with the lower costs overseas. Guess we're all just victims of globalization.
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Kimbery
2 months ago
D) Theory of Comparative Advantage
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Antonio
2 months ago
C) Sheffi's logistics cluster theory
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Osvaldo
2 months ago
B) Porter's cluster theory
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Tricia
2 months ago
A) International product life cycle theory
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Dorathy
3 months ago
This seems like the international product life cycle theory. Aren't we all just products waiting to be outsourced?
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Ngoc
2 months ago
Definitely. It's all about adapting to different markets and taking advantage of comparative advantages.
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Gerald
2 months ago
I agree. It shows how globalization impacts the life cycle of a product.
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Cherilyn
2 months ago
I think so too. It's interesting how products can evolve and be produced in different countries.
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Melissia
3 months ago
Yes, it does sound like the international product life cycle theory.
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Josphine
4 months ago
That makes sense too, as it involves countries specializing in producing goods efficiently.
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Ammie
4 months ago
I'm not sure, but I think it could also be D) Theory of Comparative Advantage.
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Daren
4 months ago
I agree with Josphine, because it describes the stages of a product's life cycle in the international market.
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Josphine
4 months ago
I think the answer is A) International product life cycle theory.
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