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"Product life cycle is a business analysis that attempts to identify a set of common stages in the life of commercial products. In other words the 'Product Life cycle' PLC is used to map the lifespan of the product such as the stages through which a product goes during its lifespan. ...
The stages of a product's life cycle... :
1. INTRODUCTION... 2. GROWTH... 3. MATURITY... 4. DECLINE...
The product life cycle is an important concept in marketing. It includes four stages that a product goes through from when it was first thought of until it is eliminated from the industry. Not all products reach this final stage. Some continue to grow and others rise and fall." [Product lifecycle. Wikipedia]
The flow chart example "Product life cycle process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park.
Flowchart - Product life cycle process
Flowchart - Product life cycle process, terminator, process, group, document, decision,
Used Solutions

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Accounting Flowcharts solution extends ConceptDraw PRO software with templates, samples and library of vector stencils for drawing the accounting flow charts.

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The Flowcharts Solution for ConceptDraw PRO v10 is a comprehensive set of examples and samples in several different color themes for professionals that need to graphically represent a process. Solution value is added by basic flow chart template and shapes' library of Flowchart notation. ConceptDraw PRO flow chart creator lets one depict a processes of any complexity and length, as well design of the flowchart either vertically or horizontally.