Which of the following stages of the PLC is characterized with high promotional expenditures that result from an effort to create consumer awareness?

Firms that operate internationally are able to realize location economies by dispersing individual value creation activities to locations where they are performed most efficiently and effectively

Indicate whether the statement is true or false.

The main financial problem associated with the early adult years is:

A) compensating for loss of income to the family in the event of a premature death of main wage earner B) loss of retirement income in the event of a premature death of main wage earner C) the problem of paying estate taxes D) providing lifelong income for the children