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).
The word kilt is a derivation of the ancient Norse word, kjilt, which means pleated, and refers to clothing that is tucked up and around the body. Scottish kilts originate back to the 16th century, when they were traditionally worn as full length garments by Gaelic-speaking male Highlanders of northern Scotland. They were referred to as a lÃ©ine, Gaelic for âshirtâ and typically, the garments were draped over the shoulder or pulled over the head as cloaks.