Match List I with List II

List I

(International product lifecycle stage)

List II

(International competition)

a.

Introduction

i.

Companies from other high-income countries increase exports to the innovating country

b.

Growth

ii.

Competitors from other high-income countries may begin production in developing countries

c.

Maturity

iii.

A few competitors at home

d.

Decline

iv.

Competitors in other high-income countries begin production for their domestic markets

Choose the correct answer from the options given below:

1
a-iii, b-iv, c-i, d-ii
2
a-iii, b-i, c-iv, d-ii
3
a-ii, b-iv, c-i, d-iii
4
a-iv, b-ii, c-i, d-iii

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