Corporation's Life Cycle
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How can a corporation's life cycle be extended?
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This solution discusses Corporation's Life Cycle including stages and how it can be extended in 293 words with three (3) non-APA references.
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A corporation's life cycle defines how corporations grow, develop and eventually, die. In marketing, it is equivalent to a product life cycle. The stages are as follows: Birth, Growth, Maturity, and Decline. At the start-up stage (Birth), companies start accumulating capital, recruit workers and start developing their products/services. As this goes on, business opportunities may exceed resources and infrastructure and the expansion goes on to continue into the growth ...
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