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Which of the following theories suggests that firms seek to penetrate new markets over time?

Which of the following theories suggests that firms seek to penetrate new markets over time? Correct Answer Product cycle theory

Product cycle theory suggests that firms seek to penetrate new markets over time. The International Product Life Cycle Theory was authored by Raymond Vernon in the 1960s to explain the cycle that products go through when exposed to an international market. The cycle describes how a product matures and declines as a result of internationalization.

Related Questions

Arrange the sentences in the correct order to form a meaningful sequence. 1. Globalisation refers to the integration of markets in the global economy.  P. Developments in ICT, transport and communications have accelerated the pace of globalisation over the past 30 years.  Q. It leads to the increased interconnectedness of national economies. R. The globalisation of sport and entertainment is also a feature of the late 20th and early 21st centuries. S. Markets where globalisation is particularly common include financial markets, such as capital markets, money and credit markets, and insurance markets, commodity markets etc. 6. The internet has enabled fast and 24/7 global communication, and the use of containerisation has enabled vast quantities of goods and commodities to be shipped across the world at extremely low cost.
Consider the following statements.
1. A profit maximising monopolist in different markets will adjust his sales in the two markets, so that his MR in each market just equals his MC.
2. A profit maximising monopolist in separate markets will not adjust his sales.
3. A profit maximising monopolist in separate markets will adjust his sales in the two markets, so that his MR in each market will greater than MC.
4. A profit maximising firm in separate markets will adjust his sales in each market so, that his MR is less than MC.
Which of the statement(s) given above is/are correct?
The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form acoherent paragraph.
P: The recent reduction in interest rates in the US and the injection of liquidity have resulted in investors seeking new avenues such as commodity markets, in view
of the turbulence in financial markets and the low returns in treasuries.
Q: The relatively easy liquidity and low interest rates, by themselves, make holding of inventories attractive and thus induce volatility in commodity markets.
R: The financialisation of commodity trade and current extraordinary conditions in global financial markets could have influenced the spurt in prices.
S: The weakening of the US dollar is also advanced as a reason for the recent volatility in commodity markets, including food items.
The question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: India's burgeoning shadow finance sector is likely to face a shake-up after defaults at one major lender battered the nation's financial markets in the past week and reinforced worries about credit risk. Industry officials and experts say they expect Indian regulators to cancel the licences of as many as 1,500 smaller non-banking finance companies because they don't have adequate capital, and to also make it more difficult for new applicants to get approval. Which of the following argument(s) stated support(s) the given fact? Arguments: I. Better capitalised and more conservatively run finance firms are likely to swallow up an increasing number of smaller rivals. That could make it difficult for many small borrowers to get loans, especially in the countryside where two-thirds of India's 1.3 billion people live and put the brakes on a surge in private consumption with a knock-on effect on growth.  II. The shadow banking sector now comprises more than 11,400 firms with a combined balance-sheet worth 22.1 trillion rupees ($304 billion) and is less strictly regulated than banks. It has been attracting new investors, particularly as the nation's banks have had to slow their lending as they seek to work through $150 billion of stressed assets.  III. Nearly 11,000 of India's NBFCs are small and medium-sized businesses with an asset base of less than 5 billion rupees. But the top 400, many of which are backed by banks and finance companies, control about 90 percent of the assets under management.
Since mid-1950s, the major trends in comparative politics have been in the areas of
1. System theories
2. Culture theories
3. Development theories
4. Class theories
Select the correct answer:
Consider the following statements:
1. A profit-maximizing monopolist in different markets will adjust his sales in the two markets to just equal his MC.
2. A profit-maximizing monopolist in separate market will not adjust his sales.
3. A profit-maximizing monopolist in separate markets will adjust his sales.
4. A profit-maximizing firm in separate markets will adjust his sales in each market so that his MR is less than Me.
__________ strategy is often considered as entrepreneurial strategy where firm develops and introduce new products and markets or penetrate markets to build share
Simplify : $${{{5 \over 3} \times {7 \over {51}}{\text{ of }}{{17} \over 5} - {1 \over 3}} \over {{2 \over 9} \times {5 \over 7}{\text{ of }}{{28} \over 5} - {2 \over 3}}}$$
Statement: A video by Chinese police giving advice on how to deal with a knife attack has gone viral. While suggesting what to do in the event of an attack, an officer responds by running away and screaming, "Help! Police officer!". Which of the following objection(s) may not be a probable reason(s) for the above-taken step by the Chinese police? I. It reportedly was aimed at telling citizens they should not seek the help of authorities when confronted by an attacker. II. It reportedly was aimed at telling citizens they should seek the help of authorities when confronted by an attacker. III. It reportedly was aimed at telling citizens they should divert the attacker by screaming and then attack the attacker. IV. It reportedly was aimed at telling citizens they should seek the help of police to nab the attacker and then attack him with the help of police authorities.
A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives. Due to poor rainfall over the past few months, the vadu mangai season is expected to be short this year. There are two distinct varieties available in the vicinity of Coimbatore. The closest to Coimbatore, and the one that appears in the markets first, is the Thadagam variety. The second and more popular variety is the one from the Thirumoorthy Hills, near Udumalpet. Representatives from commercial pickle brands whisk these mangais away in big lots directly from the wholesalers. Only a small portion of the year's harvest trickles down to the local markets. Small vendors bring sacks full of these tiny tender mangoes to one particular street corner in Ram Nagar during the season. The corner of Rajaji Road and Sathyamurthy Road plays host to these vendors from as early as 7.00 am every day. Depending on the quantity they have, the mangais are available until around 11.00 am. If the vendors have a good day and their produce is sold quickly, they pack up and leave even as early as 9.00 am. Why do local markets get only a small portion of the mango produce?