Critics Have Accused Some Producers of Practicing ________ by Using

question 75

Multiple Choice

Critics have accused some producers of practicing ________ by using materials and components that will break, wear, rust, or rot sooner than they should.

• A) high-pressure selling
• B) short-term planning
• C) planned obsolescence
• D) nonfunctional warranty
• E) deceptive promotion

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Definitions:

Voting Stock

Shares that give the shareholder the right to vote on corporate matters, typically regarding the election of the board of directors.

Net Income

Net income is the total profit of a company after all expenses, taxes, and costs have been deducted from total revenues.

Cash Dividend

A distribution of a company's profits paid to shareholders in the form of cash.