APICS Exam CLTD Topic 3 Question 78 Discussion

Actual exam question for APICS's CLTD exam

Question #: 78
Topic #: 3

[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 Catherin at May 22, 2024, 10:34 AM

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Ciara

6 months ago

Option A all the way. This is a classic case of the product life cycle going global. Although I have to say, the international customers got a bit too clever there at the end.

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A lower cost, huh? Looks like someone's trying to undercut the original producer. Time to call the trade police! Just kidding, but this definitely seems like the international product life cycle theory.

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Donte

5 months ago

It's interesting how products evolve and move through different stages in the global market. The international product life cycle theory explains this phenomenon well.

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Rosio

6 months ago

Yes, you're right! The stages mentioned in the list align perfectly with the international product life cycle theory.

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Arlette

6 months ago

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Rhea

6 months ago

I'm going to go with option A. The sequence of events matches up with the international product life cycle theory. Nice try, Rolande, but I don't think the comparative advantage theory quite fits here.

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Rolande

7 months ago

Hmm, I'm not so sure. The part about international customers offering the product back at a lower cost makes me think this could be the theory of comparative advantage instead.

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Galen

5 months ago

I agree, it does sound more like the Theory of Comparative Advantage based on the example provided.

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Galen

5 months ago

I think you're right. The stages described seem to align more with the Theory of Comparative Advantage.

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Dante

6 months ago

I see your point, but I believe it actually aligns more with the International Product Life Cycle Theory. It involves the evolution of a product from domestic to international markets.

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Dante

6 months ago

I think you might be onto something there. The stages described do seem to align with the Theory of Comparative Advantage.

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Ashlee

6 months ago

But it could also be the International Product Life Cycle Theory, since it involves expanding to international markets.

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Verlene

6 months ago

I think you might be right, it does sound like the Theory of Comparative Advantage.

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Vi

7 months ago

This sounds like the international product life cycle theory to me. The stages described fit perfectly with that model.

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Maryann

6 months ago

Yes, it definitely follows the stages outlined in that theory.

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Janey

7 months ago

I think you're right, it does seem to match the international product life cycle theory.

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APICS Exam CLTD Topic 3 Question 78 Discussion

Contribute your Thoughts:

Ciara

Lamonica

Donte

Rosio

Arlette

Rhea

Rolande

Galen

Galen

Dante

Dante

Ashlee

Verlene

Vi

Maryann

Janey