Explain The Product Life Cycle Of A Company, Can You Help?
Could me any type of company..
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A product is believed to go through definite life stages,in the same manner as living organisms do.
Stages of PLC are: Introduction,Growth,Maturity And Decline.
During the first stage the product is introduced in the market and during the growth stage the product is accepted widely.In the Maturity stage the sales become stagnant and finally in the Decline stage the sales fall down.This is all about PLC.
Hope this is helpful to you.
Stages of PLC are: Introduction,Growth,Maturity And Decline.
During the first stage the product is introduced in the market and during the growth stage the product is accepted widely.In the Maturity stage the sales become stagnant and finally in the Decline stage the sales fall down.This is all about PLC.
Hope this is helpful to you.
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