Product cycle theory


 

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Product cycle theory

Theory 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

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Protected investment products

Protected investment products

Protected 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 product

Gross national product

The 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 worker

Production worker

A 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 product

Value marginal product

Marginal 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 Suggestions

Product differentiation
Net 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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