Explore the concept of a harvesting strategy in business, a technique aimed at maximizing profits by strategically reducing support before market withdrawal.
Dive into the stages of the industry life cycle, covering introduction, growth, maturity, and decline phases with detailed examples.
Explore what defines a product in business, how it forms the core of commercial activities, and the significance of product management in market success.
Explore the concept of planned obsolescence, where products are intentionally made obsolete, its prevalence in various industries, consumer reactions, and notable controversies.
Explore the concept of rationalization in business, detailing its purpose, methods, and potential repercussions. Understand how rationalizing can streamline operations and impact profitability.
Explore what functional obsolescence means in various industries, including real estate and technology, and how it impacts value and competitiveness.
Explore the concept of market saturation, how it impacts businesses, and strategies to overcome a saturated marketplace. Learn about causes, effects, and company adaptation strategies.
