Which strategy of profit maximization involves the creation of rapidly decaying information?
A) synergy
B) spectacle
C) the logic of safety
D) planned obsolescence

Question

Quizplus · Accepted Answer

Planned obsolescence is a strategy where goods are deliberately designed to have a limited useful life or become outdated quickly, encouraging consumers to purchase new products more frequently. This can involve rapidly decaying information, as in the case of software that requires constant updates or is no longer compatible with new devices, pushing consumers to buy the latest version.

Which Strategy of Profit Maximization Involves the Creation of Rapidly