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Lifecycle  
Level
Associate
'Lifecycle' refers to the series of changes that a particular thing undergoes from its inceptionbeginning till its cessationend. Similar to life's sequential events - birth, growth, maturityfully developed, and death.
Context
Business
In business, 'lifecycle' often relates to the product lifecycle, showcasing different phases a product goes through. A CEO might state, 'Our product has reached the maturitystage of fully developed phase of its lifecycle, and we need to innovateintroduce new ideas for growth.'

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