A product can be considered a living organism for the purposes of business planning. Just like other living beings, a product goes through conception, birth, middle age, youth and old age. In business ...

Every new technology product has a natural life cycle, which begins when the product is developed and ends when it is removed from production. This life cycle goes through several predictable stages.

The draft guidance ICH Q10 for pharmaceutical quality systems is part of the ongoing move to a science- and risk-based approach in manufacturing. The pharmaceutical industry's efforts to implement ...

Developing new products is expensive and takes time, so businesses will usually try to extend the life cycle of a product and prevent it from going into decline. To do this, they need to find ways of ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. As global economies slowly reopen in the midst of Covid-19, new data we obtained has exposed ...

More than recycling: The six stages of a product’s environmental life cycle The products we use every day have an environmental impact that stretches far beyond responsible recycling. Global brands ...

How to convert a tantalizing concept into a managerial instrument of competitive power by Theodore Levitt Most alert and thoughtful senior marketing executives are by now familiar with the concept of ...

This is the idea that products, like people, have a birth, a life and a death, and that they should be financed and marketed with this in mind. Even as a new product is being launched, its ...

The number of sales and the length of a product life cycle might be different for different products but they all share a general pattern of growth and decline. This cycle can be shown on a graph of ...