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Product cycle theory |
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Product cycle theoryTheory suggesting that a firm initially establish itself locally and expand into foreign markets in response to foreign demand for its product; over time, the MNC will grow in foreign markets; after some point, its foreign business may decline unless it can differentiate its product from competitors.Product cycle theory Similar MatchesProtected investment productsProtected investment productsProtected Investment Products, or 'PIPs' are designed to give you a guaranteed return on your investment but at the same time to give you the opportunity to benefit from rises in the stock market. The 'protected' return might, for instance, be 4.5% per year fixed for 5 years. Even if the product's underlying index performs badly, you will receive that return. If the index performs better than the minimum return, you get a bonus payment at the end of the period. The PIPs offered by financial institutions vary according to the level of protected return, the underlying index, the terms of the bonus, and the duration of the investment. Some aim for 'safety first'; others are geared towards greater upside. In general, though, they will appeal to medium term investor who want to avoid being completely exposed to the gyrations of the stock market. Gross national productGross national productThe total value of new goods and services produced in a given year by a country's domestically owned factors of production, regardless of where. It is "gross" in the sense that it does not deduct depreciation of previously produced capital, in contrast to NNP. Production workerProduction workerA worker directly engaged in production. In empirical studies of skilled and unskilled labor, data on production workers are often taken to represent unskilled labor. Value marginal productValue marginal productMarginal value product. Investment product line (IPL)Investment product line (IPL)The line of required returns for investment projects as a function of beta (nondiversifiable risk). Further SuggestionsProduct differentiationNet domestic product Production function Productivity of labor gross national product Neoclassical production function Digital Products Productivity Production rate Production possibility curve Multistage production Nonproduction worker Product life cycle Marginal product Production externality Production possibilities schedule Product Differentiation Intra-product specialization Factor of production Middle product Neighborhood production structure Marginal revenue product Current production rate Production flow commitment gross domestic product |
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