The practice in which companies frequently come out with new models of a product that make existing models obsolete is an ethical issue related to new-product development and is termed
A)time to market.
B)diversion.
C)diffusion.
D)planned obsolescence.
E)bait-and-switch.

Question

Quizplus · Accepted Answer

Planned obsolescence is the practice of deliberately designing a product to have a limited lifespan or become outdated quickly, thus motivating the customer to make a repeat purchase of a newer model. This can be seen as an unethical tactic because it pressures customers to constantly upgrade and spend money on new products.

The Practice in Which Companies Frequently Come Out with New