Author(s)
Dr. Satish Kumar
- Manuscript ID: 121147
- Volume 2, Issue 6, Jun 2026
- Pages: 4076–4081
Subject Area: Business and Management
Abstract
The life cycle idea, which was first developed in the setting of biochemical research, has gained widespread acceptance as a framework for understanding and assessing events that are bound by and susceptible to change. An essential component of managing technological advancement is the deployment of the LC idea to the creation of standard industrial goods. It Is consequently called the “product life cycle.” Product development decisions made by management is aided by the PLC paradigm. It can also be modified to concentrate on the adoption of technology and implemented in the establishment of company plans and planning for activities.