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DescriptionBusiness and product lifecycles normally exhibit a pre-determined set of stages. There is the inception phase, the rapid growth phase, the plateau phase, and the decline until the eventual death of the venture. Most successful business endure not because they plateau for a long time or stay in the rapid-growth phase inherently.
DescriptionBusiness and product lifecycles normally exhibit a pre-determined set of stages. There is the inception phase, the rapid growth phase, the plateau phase, and the decline until the eventual death of the venture. Most successful business endure not because they plateau for a long time or stay in the rapid-growth phase inherently.