Podcast
Questions and Answers
What is the main reason the materials get obsolete according to the text?
What is the main reason the materials get obsolete according to the text?
- Insufficient storage space for older equipment
- Lack of skilled workers to operate the equipment
- Changing consumer preferences for new products
- Increased production costs due to outdated equipment (correct)
What is one consequence of using obsolete equipment mentioned in the text?
What is one consequence of using obsolete equipment mentioned in the text?
- Improved product quality
- Stronger market competition
- Increased employee satisfaction
- Reduced profits (correct)
When would the need for equipment replacement arise?
When would the need for equipment replacement arise?
- When the existing equipment becomes inadequate to meet the demand (correct)
- When the existing equipment is not energy-efficient
- When the existing equipment is more than 10 years old
- When the existing equipment requires frequent maintenance
What is one reason mentioned in the text for replacing old equipment and machinery?
What is one reason mentioned in the text for replacing old equipment and machinery?
What is the first step a consumer should take if they receive a faulty product?
What is the first step a consumer should take if they receive a faulty product?
What is the consumer's preferred option if the faulty product is still under warranty?
What is the consumer's preferred option if the faulty product is still under warranty?
What should the consumer do if the retailer or manufacturer does not help with the faulty product?
What should the consumer do if the retailer or manufacturer does not help with the faulty product?
What is the main purpose of the Consumer Act of the Philippines mentioned in the text?
What is the main purpose of the Consumer Act of the Philippines mentioned in the text?
Which of the following is NOT a reason mentioned in the text for replacing old equipment and machinery?
Which of the following is NOT a reason mentioned in the text for replacing old equipment and machinery?
What is the key difference between the consumer's options if the faulty product is still under warranty versus if it is not?
What is the key difference between the consumer's options if the faulty product is still under warranty versus if it is not?
