|
|
Life cycle |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Life cycleSee product cycle.Life cycleThe lifetime of a product or business, from its creation to its demise or transformation.Life cycle Similar MatchesBilling cycleBilling cycleThe time elapsed between billing periods for goods sold or services rendered. Business cycleBusiness cycleRepetitive cycles of economic expansion and recession. The official peaks and troughs of the US cycle are determined by the National Bureau of Economic Research in Cambridge, MA. Business Cycle Dating CommitteeBusiness Cycle Dating CommitteeSee National Bureau of Economic Research. Product cycleProduct cycleThe life cycle of a new product, which first can be produced only in the country where it was developed, then as it becomes standardized and more familiar, can be produced in other countries and exported back to where it started. Due to Vernon (1966). Product cycle theoryProduct cycle theoryTheory suggesting that a firm initially establish itself locally and expand into foreign markets in response to foreign demand for its product; over time, the MNC will grow in foreign markets; after some point, its foreign business may decline unless it can differentiate its product from competitors. Further SuggestionsCyclesBicycle Theory Deming Cycle for Continuous Improvement Presidential election cycle theory Product cycle Option cycle Product life cycle Replacement cycle billing cycle Operating cycle Cash cycle Business cycle |
|
|
|