Strategies to maximize profits by designing products with a limited, useful life or making superficial changes to existing products so that the previous product seems out of date are examples of __________.
A) profit sharing
B) planned obsolescence
C) environmental racism
D) structural-functionalism

Question

Quizplus · Accepted Answer

Planned obsolescence is a strategy where products are designed with a limited useful life or undergo superficial changes to make older versions seem outdated, encouraging consumers to buy the latest version and thus maximizing profits for the manufacturer.

Strategies to Maximize Profits by Designing Products with a Limited