We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The Product Life Cycle in Relation to the Diverse Activities and Interests of Various Stakeholders - Essay Example

Comments (0) Cite this document
The paper discusses the thesis that satisfying all stakeholders when the business is competing in mature product markets is difficult. It intends to examine the product life cycle particularly the mature phase, in relation to the diverse activities and interests of various stakeholders…
Download full paperFile format: .doc, available for editing
Polish This Essay94.1% of users find it useful
The Product Life Cycle in Relation to the Diverse Activities and Interests of Various Stakeholders
Read TextPreview

Extract of sample
"The Product Life Cycle in Relation to the Diverse Activities and Interests of Various Stakeholders"

Download file to see previous pages The paper tells that the principal stakeholders include the shareholders, securities exchange, and players in it, employees, government, competitors, suppliers, creditors, agents, dealers, environment, and customers of a business among others. The Product Life Cycle refers to the theory, which management applies to facilitate businesses understand the product’s eventual life expectancy and being able to know the standing in a life of a product at a given time. Most products undergo four principal phases in the life namely: the introduction, growth, mature or decline phases. Identifying of the phase of the product cycle enables respective stakeholders to derive strategies intended to improve the performance of the respective products. It is, however, hard to identify the exact phase in which a product belongs in the product lifecycle as a rise or fall in market performance sends mixed results. It is also not clear if stakeholders can accurately predict when the product will go into the subsequent stage of its life cycle. It is also hard for a business to ascertain when the market for a given product will reach market saturation. The management may thus get to know this during saturation and after saturation. The product life cycle model assumes all products have a life limit, which might not be the case since during the saturation phase the product starts slowing down with little or no significant growth. It is significant to note that, businesses are required to work strategically to make profits, employ many people, pay taxes to the government pay dividends to shareholders, improve wealth, and be responsible to the community. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The Product Life Cycle in Relation to the Diverse Activities and Essay - 3”, n.d.)
Retrieved from https://studentshare.org/management/1462665-satisfying-all-stakeholders-when-the-business-is-competing-in-mature-product-markets-is-difficult-discuss
(The Product Life Cycle in Relation to the Diverse Activities and Essay - 3)
“The Product Life Cycle in Relation to the Diverse Activities and Essay - 3”, n.d. https://studentshare.org/management/1462665-satisfying-all-stakeholders-when-the-business-is-competing-in-mature-product-markets-is-difficult-discuss.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Warfare about Product Life Cycle
The paper explains the concept of warfare in the context of marketing activities and strategies undertaken by the business organization. In direction to this the prime objective of this paper is explains different warfare and strategies, which are required to be taken into account from the side of the organization for the purpose of achieving some crucial long term success and sustainability within existing highly dynamic and competitive business environment.
17 Pages(4250 words)Essay
Product life cycle (PLC)
Retailers demand high quality and cheap products from the industry. There is as well pressure from consumers who insist on food safety and healthy products. This paper will look into a couple of products in the food and beverage industry belonging to different stages of the product life cycle.
5 Pages(1250 words)Assignment
Branding and product life cycle
Generally product life cycle consists of four common stages, such as introduction, growth, maturity and decline. This part of the essay will discuss about these four stages of product life cycle. Introduction The introduction stage of product life cycle is characterized by the low sales growth rate of products.
4 Pages(1000 words)Essay
Product Life Cycle Management
The initial idea is to determine the needs of SMEs and their priorities for the benefits they would demand from the PLM system. The contributions of this project are twofold. First, to devise an appropriate approach for SMEs to adopt and implement PLM system functions that reflects the need of individual company.
18 Pages(4500 words)Essay
Product Life Cycle
The PLC is applied to Starbucks in the US where coffee is in the mature stage as well as in China where it is still in the introductory phase. It was found out that PLC is a tool which can be used to extend the life of products. Marketing, as defined by the marketing guru Philip Kotler (2001), is the "delivery of customer satisfaction at a profit (p.
5 Pages(1250 words)Essay
Marketing and Product Life Cycle
The introduction of Key Ring in the market will be accompanied by wide publicity efforts utilizing the major channels like television, magazines, radio, and newspaper advertisements. These campaigns will begin as early as a month before the launch date of Key Ring in order to raise awareness and make the customers excited about the launching.
2 Pages(500 words)Essay
Product Life Cycle (Response 3)
In respect of the case of IPhone 4, life cycles can be viewed from three levels from a managerial perspective (Hunt,2010). The first level is the product category life cycle, represented by the sales of the IPhones
1 Pages(250 words)Assignment
Product Life Cycle
introduction stage where the product is introduced in the market, in this phase there are low profits or the firm may be incurring losses, there is also low competition in the market and the firm can use penetration or skimming method to enter the market. The second phase is
1 Pages(250 words)Essay
Coca Cola product life cycle
in the industry, while also having strategies to adapt to every stage of the lifecycle, which means that it helps in promoting a proactive approach to planning (Yang et al, 2007: p943). While every product in the world is unique, including Coca-Cola, they all follow a similar
6 Pages(1500 words)Case Study
Product Life Cycle
The initial phase is the introduction of the 3D television that required the application of the most recent technology. The design engineers tasked with the responsibility had to carry out scientific research to identify the best communication
1 Pages(250 words)Assignment
Let us find you another Essay on topic The Product Life Cycle in Relation to the Diverse Activities and Interests of Various Stakeholders for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us