The name Rig is of Norse origin. The meaning of Rig is king. Rig is generally used as a boy's name. It consists of 3 letters and 1 syllable and is pronounced Rig.
The concept described above is referred to as a âproductâs life cycleâ. Specifically, it describes a number of commercialisation steps that each product goes through as it penetrates the market. These steps include the initial research, sales growth, maturing of market demand and ultimately the productâs decline.
Apple and the product life cycle. The more I learn about the product life cycle and try to imagine which companies choose to stay in a specific stage, the more I think of Apple. I get a sense that Apple is doing so well do to always keeping itself in the introduction and growth stages.