Difference between revisions of "Life cycle"
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According to the [[BABOK Guide|BABOK Guide (3rd edition)]], | According to the [[BABOK Guide|BABOK Guide (3rd edition)]], | ||
:[[Life cycle]]. A series of changes an item or object undergoes from inception to retirement | :[[Life cycle]]. A series of changes an item or object undergoes from inception to retirement | ||
| + | According to the [[Corporate Strategy by Lynch (4th edition)]], | ||
| + | :[[Life cycle]]. Plots the evolution of industry annual sales over time. Often divided into distinct phases – introduction, growth, maturity and decline – with specific strategies for each phase. | ||
| − | [[Category: Business Analysis]][[Category: Articles]] | + | [[Category: Business Analysis]][[Category: Articles]][[Category: Strategic Management]] |
Latest revision as of 10:19, 11 July 2020
Life cycle is a series of changes an item or object undergoes from inception to retirement
Definitions
According to the BABOK Guide (3rd edition),
- Life cycle. A series of changes an item or object undergoes from inception to retirement
According to the Corporate Strategy by Lynch (4th edition),
- Life cycle. Plots the evolution of industry annual sales over time. Often divided into distinct phases – introduction, growth, maturity and decline – with specific strategies for each phase.
