3 Alternative life cycle theories 

3 Alternative life cycle theories 

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The subject of the study is a set of theoretical and methodological aspects of development strategy formed for objects (country, region, branch, enterprise) on the basis of the life cycles theory under the external environment uncertainty. The methodology of strategic planning under the external environment uncertainty with the consideration of the...

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... Life cycle management has been applied to pharmaceuticals (Modi 2017), agriculture (Ortiz-R et al. 2014;Ruviaro et al. 2012), real estate (Ristimäki and Junnila 2015), electronic systems (Hammer 1981), the health sector (Daidoji et al. 2013), corporate life cycles and their cyclical movements (Pai et al. 2014;Reis and Augusto 2015;Habib and Hasan 2018), knowledge management (Evans and Ali 2013), activity based costing (ABC) (Kallunki and Silvola 2008), the construction industry (Gundes 2016), in inventory management (Elsayed and Wahba 2016), the strategic planning methodology (Kniazieva et al. 2018), financial reporting Habib and Hasan (2018), and to SMEs (Kurczewski 2013). ...
... The application of life cycle models to strategic planning allows for the forecasting of sales able to assist in planning production, determining the best strategies for different stages of development; calculating the sequence of stages in company development while also providing an equilibrium between organizational features and the external environment, which furthermore influences the process of organizational development (Kniazieva et al. 2018). For this purpose, Kniazieva et al. (2018) point to the need to observe the interconnections among life cycles across all levels: industry, technology, enterprise, and product. ...
... The application of life cycle models to strategic planning allows for the forecasting of sales able to assist in planning production, determining the best strategies for different stages of development; calculating the sequence of stages in company development while also providing an equilibrium between organizational features and the external environment, which furthermore influences the process of organizational development (Kniazieva et al. 2018). For this purpose, Kniazieva et al. (2018) point to the need to observe the interconnections among life cycles across all levels: industry, technology, enterprise, and product. The tools of the life cycle theory strategic planning methodology include perceiving the need to consider factors of time and uncertainty in strategic planning; setting tasks within conditions of uncertainty; real-time adjustment; and evaluating the effectiveness of strategic decisions (Kniazieva et al. 2018). ...
... It is possible to improve stability of an organizations by converting dynamic changes to the planned ones based on the use of effective forecasting methods and decision-making support along with studying a life cycle theory. A methodology of strategic planning in the context of uncertainty in the external environment, proposed in [10], could be applied at industrial enterprises. ...
... Now, why not consider the local rules of conduct that maximize the total effect. As follows from the above, the required resource allocation is determined from the solution to system (7), and the solution of system (7) corresponds to a maximum of local benefit functions (10), provided that the demand is equal to the proposal. Then it is only natural to change the magnitude of request at every step according to the following rules: ...
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... Використання новітніх інформаційних технологій дозволяє не лише спростити роботу маркетингових служб, а й зробити її більш ефективною. Змінюються та з'являються нові потреби у споживачів, посилюється конкуренція на внутрішньому та зовнішньому ринках, з'являються нові можливості ведення бізнесу, нові технології та інновації тощо [1]. Сучасний інтернет-користувач є привабливим цільовим сегментом для багатьох компаній, оскільки сьогодні він більшість часу проводить у мережі, працює і відпочиває. ...
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... Under strategic planning, a firm shall adjust the plan of developing new products with its production capacity and market demand. The combination of strategic direction with the life cycle stages of a firm can improve the effectiveness of the management decisions taken ( Kniazieva et al., 2017). ...
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