Business life cycle

Business life cycle,

Definition of Business life cycle:

  1. The company moves forward through a normal phase of business life. The life span of a company is usually the birth or beginning stage, the initial stage of development, a stage of expansion when it enters a new market, a mature operational stage and, ultimately, a decline when its products Consumer interest in the company decreases and key employees leave.

Meaning of Business life cycle & Business life cycle Definition