Question

The theory outlined in this quotation is the same one companies apply to a marketing strategy called ____________.

1) Disposable goods
2) Buy now, pay later
3) Short-order renewal
4) Planned obsolescence

Answer 1

The theory outlined in the quotation is the same one companies apply to a marketing strategy called Planned Obsolescence. It involves continually changing the style or design of products to create demand for new versions, leading to frequent replacements.

Step-by-step explanation:

The theory outlined in this quotation is the same one companies apply to a marketing strategy called Planned Obsolescence. Planned obsolescence is the business practice of planning for a product to be obsolete or unusable from the time it is created. It involves continually changing the style or design of products to create demand for new versions, leading to frequent replacements.