Examlex
Instructions: Provide names for each structure below. Be sure to include the cis,trans or E,Z designations where applicable.
Name and designate:
Planned Obsolescence
A strategy where products are designed with a limited useful life or undergo frequent changes, compelling consumers to purchase new products more often.
Pricing Strategy
The approach a company takes to setting the price of its products or services, based on costs, market demand, competitor pricing, and other factors.
Estimating Costs
The process of predicting the financial resources required to complete a project, production, or any business activity.
Estimating Demand
The process of forecasting the amount of product or service that consumers will be willing to buy at various prices during a specified period.
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