Open AccessImportance of the Sustainable Product Life Cycle to Achieving Competitive Advantage
Author(s) -
Majeed A Hatif Hatif
Publication year - 2021
Publication title -
international journal of research in social sciences and humanities(online)/international journal of research in social sciences and humanities
Language(s) - English
Resource type - Journals
eISSN - 2454-4671
pISSN - 2249-4642
DOI - 10.37648/ijrssh.v11i04.012
Subject(s) - competitive advantage , product lifecycle , product (mathematics) , sustainability , unit (ring theory) , production (economics) , new product development , sustainable value , process (computing) , product life cycle management , business , process management , environmental economics , computer science , marketing , economics , mathematics , ecology , geometry , mathematics education , macroeconomics , biology , operating system
This research aims to shed light on the product life cycle technology in terms of sustainabilityand its importance to achieving competitive advantage. A picture of the product characteristicsof the economic unit at an early stage, based on the evaluation of the value of the characteristicsof the competing products by linking them to the optimal time spent on activities that contributeto the production of the product characteristics that have been identified under the sustainablelife of the product. As a result, the information obtained will be useful and useful and help inpromoting the process of improvement the value of the product of the economic unit and theachievement of competitive advantage.To achieve the goal of the research, this research was divided into five parts, as the firstpart was devoted to the research methodology and some previous studies on the subject, thesecond dealt with the sustainable product life cycle, and in the third the competitive advantagewas addressed, leading to the fourth part, which was devoted to demonstrating the importance ofthe sustainable product life cycle. In achieving competitive advantage, as for the fifth and finalpart, some of the conclusions reached by the researchers and the most importantrecommendations made in light of them were presented.