Thus, the concept of product life-cycle facilitates integrated marketing policies relating to product, price, place and promotion/distribution. The advantages of PLC to a firm are as follows: When the product life-cycle is predictable, the management must be cautious in taking advance steps before the decline stage, by adopting product modification, pricing strategies, style, quality, change, etc. The firm can prepare an effective product plan by knowing the product life-cycle of a product.
Medical Definition of Welt. Welt: A red bump, ridge or swelling of unbroken skin raised by a stinging blow or by an allergic reaction to foods, drugs or insect bites, as in hives (urticaria).
IELTS is the most widely accepted English language test that uses a one-on-one speaking test to assess your English communication skills. This means that you are assessed by having a real-life conversation with a real person.his is the most effective and natural way of testing your English conversation skills. IELTS, the International English Language Testing System, is an internationally recognized language test designed to assess the language ability of test takers who need to study or work where English is the language of communication.