chiel.cagatcagat
1 Answer
ROMOS
Definition of 'Product Life Cycle'
The period of time over which an item is developed, brought to market and eventually removed from the market. First, the idea for a product undergoes research and development. If the idea is determined to be feasible and potentially profitable, the product will be produced, marketed and rolled out. Assuming the product becomes successful, its production will grow until the product becomes widely available. Eventually, demand for the product will decline and it will become obsolete.
http://www.investopedia.com/terms/p/product-life-cycle.asp
| 11 years ago. Rating: 7 | |
Related Questions In This Category
Máy Phiên Dịch Tiếng Anh - Dịch Thuật Sang Tiếng Việt Không Cần Kết Nối Mạng
Answers: 0
| Views: 12
| Rating: 0
| Posted: 2 days ago
Top contributors in Other - Advertising & Marketing category
Unanswered Questions
take2betcom
Answers: 0
Views: 4
Rating: 0
take2betcom
Answers: 0
Views: 4
Rating: 0
Hitclub18 Club
Answers: 0
Views: 7
Rating: 0
Trending Now: Authors Trying Merchandising
Answers: 0
Views: 4
Rating: 0
88clbfree
Answers: 0
Views: 8
Rating: 0
J88
Answers: 0
Views: 4
Rating: 0
J88
Answers: 0
Views: 3
Rating: 0
J88
> More questions...
Answers: 0
Views: 3
Rating: 0