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.

AInternational product life cycle theory

BPorter's cluster theory

CSheffi's logistics cluster theory

DTheory of Comparative Advantage

Show Suggested Answer

Suggested Answer: A

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

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Merissa

4 months ago

I'm going with A) International product life cycle theory. Survival of the cheapest, am I right?

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Glendora

2 months ago

I agree with you, A) International product life cycle theory seems to fit the scenario best.

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Patrick

2 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

3 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

3 months ago

Yes, you're right! The International product life cycle theory explains how products evolve over time.

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Jaclyn

4 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

4 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

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.

upvoted 0 times

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