Question: Question 5 (2 points) ListenReadSpeaker webReader: Listen Which of the following is a cause of involuntary obsolescence? Question 5 options: Style obsolescence All of them

Question 5 (2 points)

ListenReadSpeaker webReader: Listen

Which of the following is a cause of involuntary obsolescence?

Question 5 options:

Style obsolescence

All of them

Technological advancements

Changes in technological standards

Question 6 (2 points)

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Which of the following is an example of extending the product life cycle to create another sales peak?

Question 6 options:

Craftsman offering a lifetime warranty on their tools.

Hyundai building durable cars that can last longer.

Apple regularly introducing new versions of iPhone.

General Motors offering distinct brands such as Chevrolet, Buick, and Cadillac.

Question 7 (2 points)

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What are the distinctive characteristics that separate services from products?

Question 7 options:

All of them

Services usually do not involve a change in ownership.

Services are characterized by greater variability in performance than products.

Services are usually delivered and consumed at the same time.

Question 8 (2 points)

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What are the primary functions of a brand?

Question 8 options:

all of them

Identify a companys offering(s)

Differentiate a companys offering(s) from the competition

Create market value beyond that created by product/service attributes of a companys offering(s)

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