The product life-cycle concept indicates as to what can be expected in the market for a new product at various stages. i.e., introduction, growth, maturity and decline. Thus, the concept of product life-cycle can be used as a forecasting tool.
A software license is a legal instrument (usually by way of contract law, with or without printed material) governing the use or redistribution of software. Under United States copyright law all software is copyright protected, except material in the public domain.his feature of proprietary software licenses means that certain rights regarding the software are reserved by the software publisher. Therefore, it is typical of EULAs to include terms which define the uses of the software, such as the number of installations allowed or the terms of distribution.
license may provide immediate cash to the Licensor, and provide immediately available technology to the Licensee. What Is a License? A license is an agreement between the Licensor and the Licensee. The essence of a technology license is that the Licensor permits the Licensee to use the Licensee technology that otherwise could not legally use.