GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The state of being outmoded or unfashionable. Becoming outdated because of advances in technology. Becoming outdated due to the introduction of new products, processes, and/or technology.
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Place
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Obsolescence
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Some products inevitably become obsolete after a short time. Planned obsolescence examples in day-to-day life include disposable cameras, cutlery, shopping bags, water bottles and take-out containers. But it can also occur in more discrete ways.
Detailed explanation-2: -Planned systemic obsolescence is caused either by the withdrawal of investment, or a product becoming obsolete through continuous development of the system in which it is used in such a way as to make continued use of the original product difficult.
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