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APICS Exam CLTD Topic 1 Question 83 Discussion

Actual exam question for APICS's Certified in Logistics, Transportation and Distribution exam
Question #: 83
Topic #: 1
[All Certified in Logistics, Transportation and Distribution 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
2 days ago
I'm going with A) International product life cycle theory. Survival of the cheapest, am I right?
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Jaclyn
18 days 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
23 days 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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Dorathy
26 days ago
This seems like the international product life cycle theory. Aren't we all just products waiting to be outsourced?
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Cherilyn
21 hours ago
I think so too. It's interesting how products can evolve and be produced in different countries.
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Melissia
2 days ago
Yes, it does sound like the international product life cycle theory.
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Josphine
1 months ago
That makes sense too, as it involves countries specializing in producing goods efficiently.
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Ammie
1 months ago
I'm not sure, but I think it could also be D) Theory of Comparative Advantage.
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Daren
1 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
2 months ago
I think the answer is A) International product life cycle theory.
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