Understanding the Market Life Cycle: Explores the various stages of market development and their characteristics, from introduction to decline.
Understanding the life cycle of a firm or product, from inception to decline, along with the stages of development, growth, expansion, maturity, saturation, and decline, with examples and special considerations.
Overbuilding refers to constructing more real estate properties than the market demand can economically support, leading to potential economic inefficiencies and financial instability.
An in-depth exploration of market saturation, where a market no longer shows new demand for a firm's products owing to competition or diminished consumer interest.
