Tag: Product Life Cycle

Case Math

(Source: Flickr) In this post we outline some mathematical concepts that may prove useful for solving consulting case questions. 1. Break Even Analysis: Relevant when trying to decide whether to launch a new product or invest in a project with high fixed costs. 2. Customer Lifetime Value: Customer lifetime value is a prediction of the entire future […]

Tags break even analysis, case math, consulting, consulting interviews, customer lifetime value, Management Consulting, net present value, perpetuity, price elasticity of demand, Product Life Cycle, profit margin, return on investment, rule of 70

Frameworks

Product Life Cycle Model

The Product Life Cycle Model can be used to analyse the maturity stage of products and industries 1. Background THE idea of the Product Life Cycle was first developed in 1965 by Theodore Levitt in an article entitled “Exploit the Product Life Cycle” published in the Harvard Business Review on 1 November 1965. 2. Benefit […]

Tags analysis models, case interview, consulting, consulting framework, Consulting Frameworks, framework, interview preparation, life cycle, management framework, product cycle, product development, product life, Product Life Cycle, Product lifecycle, Product management