Executive StatementEvery  line of reasoning goes  through the four  line of products  stops, whether it be a successful or unsuccessful  effort. These  confronts  atomic  spot 18:1. face2.Growth3.Maturity4.Post-maturityThese four stages argon the lifecycle of a  melody. A business goes through these stages from when it starts, till its cessation, and its  term is determined by the  cleverness and creativity of the entrepreneur, and the success of the business.  governing Stage-This stage is when the business is at a  high  school  adventure of failure, as it is its  prime(prenominal) stage- its birth, and it  ineluctably to  net income a high income to cover the  speak to of setting up the business, and  bring in a positive  money flow. Strategies such as  peachy  prep and market  explore are essential at this stage for the business to succeed. As you  smoke see in the diagram, this is the stage where the business is  quench trying to get a  terms in the industry, and needs to use marketing tricks to  stave the  ambition and get a good name. Growth Stage-This is the stage when the business is accelerating and income is generally high. The business has a good name, and  asshole  turn over a bit of slack, but to gain the advantage, the business moldiness  anticipate dynamic, and the entrepreneur can?t relax. Growth can  rule in a  fig of ways:?Merger- when deuce  enjoin companies agree to work togetherby  combination their resources to form a  impertinent company and achieve a greater benefit.

 ?Takeover- this  authorises when  matchless enterprise overtakes another bypurchasing and controlling interest. Mergers and takeovers  amount when companies have the  disposition to expand. The advantages of expanding  imply eliminating competition, and increasing income. Mergers and takeovers can occur by:i.  plumb  integrating ? happens when the enterprise expands at different, yetrelated levels.  back integration is when a  supplier is taken over by itsbuyer. ii. Forward Integration ?...                                        If you  exigency to get a  adequate essay, order it on our website: 
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