Final answer:
The International Product Life Cycle Theory does not explain the absence of television manufacturing in Great Britain and the United States, as it does not consider labor costs and production efficiency.
Step-by-step explanation:
The International Product Life Cycle Theory does not explain why there are no televisions manufactured in Great Britain and the United States, despite the fact that the technology was invented in those countries. The theory explores how products go through different stages of their life cycles, starting with innovation and production in the country of origin, and then transitioning to other countries as they become more mature and standardized. Televisions are a mature and standardized product, so most production has shifted to countries with lower production costs.
For example, lower labor costs and favorable business environments have made countries like China and South Korea attractive locations for television manufacturing.
Therefore, the statement that the International Product Life Cycle Theory explains the absence of television manufacturing in Great Britain and the United States is false because it does not consider the factors of labor costs and production efficiency.