Characteristics business model introduction growth maturity

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Reference no: EM132201904

WorkSheet: Life Cycle Analysis Life Cycle Analysis Product: Analysis Summary: Stage Characteristics Business Model Introduction Growth Maturity Decline Product Sales (Y axis): Introduction, Growth, Maturity, Decline (X axis) Draw the life cycle of a specific product, predict its future evolution, and suggest a promising business model for a specific competitor. Step 1: Select a product whose life cycle you can identify. Step 2: Draw the life cycle of the product in the empty box. Step 3: Consider the characteristics of the stages in the life cycle through which the product has evolved. Put your ideas in the relevant boxes in column two. Step 4: Predict the future evolution of the product. Put your ideas in the relevant boxes in column two. Step 5: Suggest a promising business model for a specific competitor. Put your ideas in the relevant boxes in column three.

Reference no: EM132201904

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