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.
November 2003, Vol 34, No. 10. Print version: page 40. Not all creative people are alike, which makes defining creativity a challenge and assessing it a monumental undertaking. The traditional psychological definition of creativity includes two parts: originality and functionality.You can't be creative unless you come up with something that hasn't been done before, says psychologist Dean Keith Simonton, PhD, of the University of California, Davis.ot all creative people are alike, which makes defining creativity a challenge and assessing it a monumental undertaking.