Which of the Following Statements About Planned Obsolescence Is True

question 18

Multiple Choice

Which of the following statements about planned obsolescence is true?

• A) Planned obsolescence describes the practice of causing products to become obsolete before they actually need replacement.
• B) Opponents of planned obsolescence argue that the practice is wasteful and unethical.
• C) Marketers may avoid making quality,safety,and functional modifications to existing products to incorporate planned obsolescence into their marketing plans.
• D) Consumers favor style modifications because they like changes in the appearance of goods such as clothing and cars.
• E) All of the above statements about planned obsolescence are true.

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Definitions:

HST Remittance

The process of sending payments of the Harmonized Sales Tax collected by businesses to the relevant tax authority.

HST Returns

The process of reporting and remitting the Harmonized Sales Tax collected by businesses to the government, typically on a periodic basis.

HST-Inclusive Price

The total price of a product or service including the Harmonized Sales Tax, which combines the federal goods and services tax and provincial sales tax where applicable.

Nearest Whole Percent

Rounding off a percentage to the closest whole number.