BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Figure 1: The Technology Life Cycle Phase 1: Research and Development. Phase 2: Ascent. Phase 3: Maturity. Phase 4: Decline.

Detailed explanation-2: -There are three types of life cycles: Haplontic life cycle, Diplontic life cycle and Haplodiplontic life cycle.

Detailed explanation-3: -Birth, growth, reproduction and death represent the four stages of the life cycle of all animals. Although these stages are common to all animals, they vary significantly among species. For instance, while insects, birds and reptiles are born from an egg, mammals develop as embryos inside the mothers’ bodies.

Detailed explanation-4: -The technology and product life cycles consists of four phases that follow the classic S-curve and they consist of awareness of the technology, technological growth, technological maturity, and a decline of interest in the technology (see Figure 1.1 “Technology Life Cycle").