________ Refers to the Practice of Continually Changing Consumer Concepts

question 90

Multiple Choice

________ refers to the practice of continually changing consumer concepts of acceptable styles to encourage more and earlier buying.

• A) Perceived obsolescence
• B) Technological obsolescence
• C) Bait-and-switch advertising
• D) Functional obsolescence
• E) High-pressure selling

---

Definitions:

Earnings per Share

A company's net profit divided by the number of its outstanding shares, indicating the profitability on a per-share basis.

Dividend Payout Ratio

The portion of net income distributed to shareholders in the form of dividends, expressed as a percentage of the company's total net income.

Book Value per Share

A financial measure that indicates the theoretical value per share of a company if it were to liquidate, calculated by dividing total equity by the number of outstanding shares.

Price-earnings Ratio

A valuation metric for companies, calculated by dividing the current market price of a stock by its earnings per share (EPS).