Instructor Resource
Baack et al., International Marketing, 2e
SAGE Publishing, 2019
c. Product Distribution Theory
d. Product Internationalization Theory
e. Product Cycle Theory
31. According to the Product Cycle Theory, a new product is first developed, produced, and
consumed in what type of nation?
a. lead consuming nation
b. lead producing nation
c. lead innovation nation
d. lead development nation
e. lead economy nation
32. According to the Product Cycle Theory, what is the second category of nations to which new
innovations are spread?
a. lead innovation nations
b. less developed nations
c. other developed nations
d. developing nations
e. mostly developed nations
33. Which of the following is a major criticism of Product Cycle Theory?
a. Few products succeed internationally.
b. Few products are developed in developing nations.
c. Most products are consumed in lead innovation nations.
d. Many products are launched simultaneously around the world.