Life Cycle. What is a 'Life Cycle'. The course of events that brings a new product into existence and follows its growth into a mature product and into eventual critical mass and decline. â¢ Product Development Phase - Includes market analysis, product design, conception, and testing.
Learner's definition of CREATIVE. 1. [more creative; most creative] : having or showing an ability to make new things or think of new ideas. He was more creative [=imaginative] than the other students. She's a very creative person. She has one of the most creative minds in the business.
2. to evolve from one's imagination, as a work of art or an invention. 3. to perform (a role) in the first production of a play or motion picture. 4. to make by investing with new rank; designate: to create a peer. 5. to arrange or bring about, as by intention or design: to create confusion.6. to do something creative.. create-bring into existence; The company was created 25 years ago; He created a new movement in painting. reinvent-bring back into existence; The candidate reinvented the concept of national health care so that he would get elected.