product life-cycle stage
1Product life cycle management — is the succession of strategies used by management as a product goes through its product life cycle. The conditions in which a product is sold changes over time and must be managed as it moves through its succession of stages. Product life… …
2product life cycle management — ➔ management * * * product life cycle management UK US noun [U] (also PLM) MARKETING, COMMERCE ► decisions that are made about a product s appearance, price, advertising, etc. to suit each stage in the product life cycle: »Toyota is one of many… …
3Product life-cycle theory — The product life cycle theory is an economic theory that was developed by Raymond Vernon in response to the failure of the Heckscher Ohlin model to explain the observed pattern of international trade. The theory suggests that early in a product s …
4product life cycle — The course of a product s sales and profitability over its lifetime. The model describes five stages, each of which represents a different opportunity for the marketer. A new product starts in the development stage, during which the original idea …
5product life cycle — /ˌprɒdʌkt laɪf ˌsaɪk(ə)l/ noun stages in the life of a product in terms of sales and profitability, from its launch to its decline ● Growth is the first stage in the product life cycle. ● The machine has reached a point in its product life cycle… …
6Product 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,… …
7Extending the Product Life Cycle — OverviewWhen a product reaches the maturity stage of the Product life cycle a company may choose to operate strategies to extend the life of the product. If the product is predicted to continue to be successful or an upgrade is soon to be… …
8Life-cycle assessment — Cradle to grave redirects here. For other uses, see Cradle to the Grave (disambiguation). A life cycle assessment (LCA, also known as life cycle analysis, ecobalance, and cradle to grave analysis)[1] is a technique to assess environmental impacts …
9Life cycle assessment — A life cycle assessment (LCA, also known as life cycle analysis, ecobalance, and cradle to grave analysis) is the investigation and valuation of the environmental impacts of a given product or service caused or necessitated by its existence.… …
10Life Cycle — The course of events that brings a new product into existence and follows its growth into a mature product and into eventual critical mass and decline. The most common steps in the life cycle of a product include the following phases: •… …
