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APICS Exam CLTD Topic 1 Question 24 Discussion

Actual exam question for APICS's CLTD exam
Question #: 24
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

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