________ 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

Question

Quizplus · Accepted Answer

Perceived obsolescence refers to the practice of changing consumer concepts of acceptable styles in order to encourage more and earlier buying. Companies do this by creating new and updated product models or designs that make older ones appear outdated or unfashionable. This can create a perceived need for consumers to upgrade or replace their existing products, leading to increased sales for the company.

________ Refers to the Practice of Continually Changing Consumer Concepts