03.09.09 Business Lifecycle and the challenges at each stage09

03.09.09 Business Lifecycle and the challenges at each stage09

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Lower sales Lower wages Increased profitability Renewal Greater competition Steady State Decline Repackaging of the product Increased marketing Increased consumer interest Financial difficulty Falling sales Maintains market share Strong customer loyalty Low customer awareness Established customer base Business Lifecycle and the challenges at each stage. Activity: Use the following template to draw a diagram of the business life cycle. Using the terms listed below, label the diagram. Use an arrow or text boxes to connect each term to the corresponding part of the diagram. Growth Decline Low sales Financial difficulty Maintains market share Renewal Greater competition Increased marketing Steady state Falling sales Increased profitability Strong consumer loyalty Repackaging of product Maturity Low consumer awareness Established customer base Establishment Post-maturity Increased consumer interest Sales Phase 1: Establishment Phase Phase 2: Growth Phase Phase 3: Maturity Phase Phase 4: Post- Maturity Phase Time
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Stages/Phases of Business Life Cycle Suitable Legal
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This note was uploaded on 08/11/2009 for the course BUSINESS - taught by Professor - during the Summer '09 term at École Normale Supérieure.

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03.09.09 Business Lifecycle and the challenges at each stage09

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