Page 41 - BA1 Integrated Workbook STUDENT 2018
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External analysis




                           Industry/product life cycle analysis





               This model can be used to analyse the position of a particular product or an entire
               industry.



                                                             Maturity

                                                                                  Decline



                                         Growth
               Sales




                             Introduction





                                                          Time


               A different set of strategies can be selected depending on where the product or
               industry is in its life cycle.




                  Illustrations and further practice



                  Now review TYU 6 and 7 in Chapter 4 of the text.




















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