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APICS CLTD Exam - Topic 1 Question 24 Discussion

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.
A) International product life cycle theory
B) Porter's cluster theory
C) Sheffi's logistics cluster theory
D) Theory of Comparative Advantage

APICS CLTD Exam - Topic 1 Question 24 Discussion

Actual exam question for APICS's CLTD exam
Question #: 24
Topic #: 1
[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.

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Suggested Answer: A

by Mozell at May 03, 2022, 08:29 AM

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Abel
10 months ago
I thought it might be about comparative advantage, but this makes sense too.
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Lisbeth
10 months ago
Definitely A, it’s all about the product stages!
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Krissy
10 months ago
Wait, how can international customers offer it at a lower cost?
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Emiko
10 months ago
Totally agree, that fits perfectly!
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Florinda
11 months ago
Sounds like the international product life cycle theory to me!
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Demetra
11 months ago
I'm a little unsure about this one. I'll try to recall the main points about creating custom objects and relationships using Schema Builder.
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Jose
11 months ago
Best's Capital Adequacy Ratio sounds like the most relevant option here. It compares an insurer's surplus to the capital needed to support its risks, which is exactly what the question is asking about.
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Josue
11 months ago
I'm pretty confident that option B, 'g_user.hasRoleExactly('catalog_admin')', is the correct answer here. It seems to match the criteria of the question most closely.
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Earlean
11 months ago
The last option mentions "Conditional debug" - that sounds like an important concept I should be familiar with. I'll make sure I understand how that works.
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Rolande
11 months ago
Hmm, I'm not sure about this one. I'll have to think it through carefully before answering.
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