DBPapers
DOI: 10.5593/SGEM2014/B13/S3.072

SPECIFICATION OF THE FIRM LIFE CYCLE IN CHOSEN INDUSTRIAL SECTOR

L. Domaracka,. M. Muchova
Wednesday 1 October 2014 by Libadmin2014

References: 14th International Multidisciplinary Scientific GeoConference SGEM 2014, www.sgem.org, SGEM2014 Conference Proceedings, ISBN 978-619-7105-09-4 / ISSN 1314-2704, June 19-25, 2014, Book 1, Vol. 3, 553-558 pp

ABSTRACT
The life cycle of the firm is general abstract expression of the firm existence in the
business environment. The business environment has its own specifics in each
industrial sector. It is therefore logical, that life cycle of the business will have also its
specific attributes reflecting the industry sector, in our case – mining. In the article are analyzed each phases of the business life cycle and we try to specify differences and
development of the life cycle business in the chosen industrial sector towards theoretical model of the business life cycle.

Keywords: Life cycle of the company, mining industrial sector, phases of the life cycle