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Author Question: Which of the following explains the Industry Life Cycle theory correctly? a. Capital resources ... (Read 87 times)

ssal

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Which of the following explains the Industry Life Cycle theory correctly?
 
  a. Capital resources are important during the decline stage.
  b. Knowledge, managerial, intellectual properties become important in the growth stage.
  c. Low labor cost and economies of scales are most important in the initial stage.
  d. Political resources become important during the mature stage.

Question 2

Which of the following does NOT directly support fragmented international trade?
 
  a. Specialization
  b. Merger & Acquisition
  c. Comparative advantages
  d. Economies of scales
  e. Enhanced role of service links



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cpetit11

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Answer to Question 1

c

Answer to Question 2

b



ssal

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Both answers were spot on, thank you once again



cpetit11

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