Circular Diagram

"Product life cycle is a business analysis that attempts to identify a set of common stages in the life of commercial products. In other words the 'Product Life cycle' PLC is used to map the lifespan of the product such as the stages through which a product goes during its lifespan. ...
The stages of a product's life cycle can be classified as follows:
1. INTRODUCTION ...
2. GROWTH ...
3. MATURITY ...
4. DECLINE ...
" [Product lifecycle. Wikipedia]
Product lifecycle (PLC) graph visualize a new product progress through a sequence of stages from introduction to Growth, Maturity, and Decline. This sequence is associated with changes in the marketing situation, thus impacting the marketing strategy and the marketing mix. The product revenue and profits can also be plotted as a function of the PLC stages.
This Product lifecycle (PLC) chart example was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Marketing Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-diagrams

This arrow loop cycle diagram sample was created on the base of the figure illustrating the webpage "Exploratory Advanced Research Program Hand-Off Workshops" from the US Department of Transportation - Federal Highway Administration (FHWA) website. "The FHWA’s research and technology innovation life cycle illustrates that research and technology development are not insular activities, but integrated processes that together constitute a system.
Following general workshop discussion, a number of common issues emerged among the groups. These centered around the research life cycle, communicating the value of exploratory advanced research, and continued project funding. It was felt that there is a general need to better describe the research and deployment cycle specific to highway transportation and possibly to highway research fields, such as materials or system planning. Research life cycle diagrams show a very linear, chronological process but it is not necessarily that way in reality." [fhwa.dot.gov/ advancedresearch/ pubs/ 11034/ ]
The arrow loop diagram example "Innovation life cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams