Product Life Cycle 0.0 / 5 ? Business Studiesproduct life cycleGCSEEdexcel Created by: 10CALDWELLECreated on: 17-10-13 14:12 Whatare the Six Seperate Stages? 1.Development 2.Growth 3.Growth 4.Maturity 5. Saturation 6.Decline 1 of 9 what happens to the profits during the growth stage? during growth ssales and profits should be rising! 2 of 9 what do businesses do to try and maximise the length of maturity? businesses try and maximise the length of the maturity phase by undertaking extention strategies. 3 of 9 what is saturation? is where competitors bring out rival products which draw sales away from a compny. 4 of 9 why does the product need lots of support? the cash flow during the development and launch phase of a product is likely to be negative as the product needs lots of support. 5 of 9 what is star? high growth,high share 6 of 9 what is dog? low growth,low share 7 of 9 what is problem child? high growht,low share 8 of 9 what is cash cow? low growth,high share 9 of 9
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