Examine the concept of product life cycle analysis

“Deciding on a Strategy” Please respond to the following:

• Examine the concept of product life cycle analysis. Provide one example of the way in which this analysis can help an organization to determine whether to continue offering a specific service to the community it serves.
• Determine two reasons why the Boston Consulting Group (BCG) portfolio analysis would be effective in developing a specific adaptive strategy for a healthcare organization. Provide a rationale for your position.