Apply the concept of life cycle to an organization with which you are familiar, such as a local
business. What stage is the organization in now? How did the organization handle or pass
through its life cycle crises?
Solution
Different stages of life cycle are : Introduction Stage, Growth Stage, Maturity Stage, Decline
Stage.
For example let us consider IBM company, which is in Maturity stage at present. Actually IBM
has reached decline stage in early 1970\'s and 1980\'s because the company’s costs remained
level, profits dropped. But growth has returned in virtually all segments of the company. In 1995,
IBM’s sales reached almost $72 billion, up more than 12 percent from 1994. For this, Gerstner
and his team deserve great credit. Profitability was also up by 42 percent. And shareholders were
richly rewarded: earnings per share rose by 44 percent. Even the mainframe market, the heart of
IBM in the 1970s and 1980s that critics pronounced dead in the early 1990s, has recovered, with
new mainframe computers bringing in substantial profit margins..
Hybridoma Technology ( Production , Purification , and Application )
Apply the concept of life cycle to an organization with which you ar.pdf
1. Apply the concept of life cycle to an organization with which you are familiar, such as a local
business. What stage is the organization in now? How did the organization handle or pass
through its life cycle crises?
Solution
Different stages of life cycle are : Introduction Stage, Growth Stage, Maturity Stage, Decline
Stage.
For example let us consider IBM company, which is in Maturity stage at present. Actually IBM
has reached decline stage in early 1970's and 1980's because the company’s costs remained
level, profits dropped. But growth has returned in virtually all segments of the company. In 1995,
IBM’s sales reached almost $72 billion, up more than 12 percent from 1994. For this, Gerstner
and his team deserve great credit. Profitability was also up by 42 percent. And shareholders were
richly rewarded: earnings per share rose by 44 percent. Even the mainframe market, the heart of
IBM in the 1970s and 1980s that critics pronounced dead in the early 1990s, has recovered, with
new mainframe computers bringing in substantial profit margins.
