APICS Exam CLTD Topic 3 Question 56 Discussion

Actual exam question for APICS's CLTD exam

Question #: 56
Topic #: 3

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.

AInternational product life cycle theory

BPorter's cluster theory

CSheffi's logistics cluster theory

DTheory of Comparative Advantage

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Suggested Answer: A

by Tamar at Feb 24, 2023, 03:03 AM

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