The advantages of traditional life cycle are mainly focused on maximizing profitability of a product. Having a product go through several stages of development and test marketing can help to predict whether the product has enough money making potential to invest in promotion and mass marketing.
The advantages are that the cycle has been proven and is easy to use. The disadvantages are that it will not allow you to take everything into account.
mercantilism, absolute advantages principle, comporative advantages principle, factor proportions theory, international product life cycle, dependency theory.
A traditional life has several advantages. People have access to technology which makes life easier and have enough money to live contently.
What are the advantages of traditional commerce?
There are number of SDLC models in software engineering. Using life cycle model we can divide the work in different phases thus making it easy and convenient .
independence, marriage, parenting, launching, aging
advantages and drowbacks of following a life cycle approach to information system development?
What are advantages and disadvantages of product life cycle?In: http://wiki.answers.com/Q/FAQ/1866[Edit categories]The product life cycle is all estimated so anything can go wrong as it is all estimated. A product life cycle is not very helpful for future events and it suggets that all products are predictable. It is usually very dificult to attribute a timescale to the PLC and it does not always recognise life cycles are getting shorter.by Yousaf
What traditional
The advantages of the product life cycle concept is that it provides a basic structure that allows you to see where you are, and what lies ahead. R u doing ur ICDM assignment? I may help u..pls contact 0134002000...Mr Lim.
Product life cycle is important because through this company exactly known about each stage of the product that at where stage how many products are available and how much are in process.
Advantages