Final answer:
Planned obsolescence is the practice of intentionally making products obsolete or unusable after a certain period. It involves designing products with limited lifespans or incorporating flaws that lead to technical issues. This strategy is used to encourage customers to repurchase new products.
Step-by-step explanation:
Planned obsolescence is the business practice of planning for a product to be obsolete or unusable from the time it is created. It involves manufacturing products with a limited lifespan or intentionally incorporating design flaws that lead to technical issues after a certain period. This strategy compels customers to repurchase new products within a short time frame.