According to the text, which of the following statements about planned obsolescence is true?

a. Marketers may make quality, safety, and functional modifications to existing products to incorporate planned obsolescence into their marketing plans.
b. Planned obsolescence describes the practice of causing products to become obsolete before they actually need replacement.
c. Consumers do not like style modifications because they dislike changes in the appearance of goods such as clothing and cars.
d. Opponents of planned obsolescence argue that the practice is environmentally friendly.

Ans: b. Planned obsolescence describes the practice of causing products to become obsolete before they actually need replacement.

Business

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Public accounting firms refer to:

a. firms that have stocks listed on an exchange b. professional service firms that traditionally focus on auditing and tax preparation c. companies that sell merchandise to customers d. government-contolled companies

Business

Aggregation is the act of clustering several similar products or services

Indicate whether the statement is true or false

Business