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Thursday, April 4, 2013

Extended Response - Poppy Industries: its business life cycle.

All disdaines must go through at least 4 phases in there life cycle:         1. Establishment

                                                                        2. Growth

                                                                        3. Maturity

                                                                                 4. Post-Maturity

Each phase has its characteristics moreover the first 3 phases have something in common; they all have some sort of growth. Through these phases substantials employ distinct tactics in order to satisfy customers, maximise gross sales which in turn leads to profit, which as we all know is what roughly business is set up to generate.

In the fourth phase; post-maturity the inviolable is faced with some choices, depending on many accompanimentors which may cast an owner they can make 1 of 3 choices.

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These choices be whether the company should enter a invoke of renewal which gist that the company looks at business restructure and new merchandise research and tactics, remaining at a steady pronounce of growth which means that if the firm is happy with the way things are going, then they choose to keep things as is, and the last state decline which means that the owner has realised that customers have halt buying the product and the cash flow has been seriously affected, which leads to the fact that borrowing money from any sane financial innovation would be deemed almost impossible as they would not enthrone in your high-risk business also the risk of the firm having to move into a state of cessation (voluntary or involuntary).

All business and indeed every product sold by a business goes through this life cycle, and Poppy industries is no exception.

Poppy Industries was started by Poppy female monarch at age 18 and her company making outline was well established by 1992 after having sourced...

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