What are the 5 cycles of life?
What are the 5 cycles of life? Key Takeaways. A life cycle in business follows a product from creation to maturity and decline. There are five steps in a life cycle—product development, market introduction, growth, maturity, and decline/stability.
Key Takeaways. A life cycle in business follows a product from creation to maturity and decline. There are five steps in a life cycle—product development, market introduction, growth, maturity, and decline/stability.