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Vernon's product life-cycle
Essay specific features


Written by:
Louise S
Date added:
October 5, 2013
Level:
Grade:
A
No of pages / words:
11 / 3046
Was viewed:
5000 times
Rating of current essay:
Essay content:
(Louis&Wells, 1969). The trade flow was influenced by innovations and technical update along with the time running on. Based on the trade flow, Vernon developed the theory of international product life cycle theory in 1966. Today, the theory has been diffusely implemented by MNEs throughout the world...
displayed 300 characters
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Today, the theory has been diffusely implemented by MNEs throughout the world. The theory claims that a company should locate its production in the original country of invention (i.e. U.S.) during the growth of manufacturing process, and then the company moves its production to other low developing countries gradually when the product has been adopted and used in the world markets...
displayed 300 characters
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