Human Resource Development-Organization (CBSE-NET (UGC) Labour-Welfare or HRM (Paper-II & Paper-III)): Questions 6 - 6 of 6
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Question number: 6
» Human Resource Development » Organization
Appeared in Year: 2016
Alder and Ghadar’s model (1990) is based on Vernon’s life cycle theory, Vernon distinguished three phases in the international product life cycle. (Dec)
|List-Ⅰ ( |
|List-Ⅱ ( |
The second phase (growth and internationalisation)
Intense efforts are made to lower prices by implementing cost control measures.
The first phase (High -tech)
Concentrates on developing and penetrating markets, not only at home but also abroad.
The third phase (maturity)
Focuses on the product, R& D playing an important role as a functional area