A South Korean electronics company had to add detailed instructions about the repair and replacement of its product to make it easier for the local consumers to maintain it. Which element of the Product Component Model relates to this issue

The element of the product component model that related to this issue is support service.

There are three layers of the product component model that are as follows:

Core component - core product.Packaging component - price, quality, trademark, etc Support service component - repair, replacement, etc.

Since the company added the detailed instructions related to the:

repaid & replacement in order to maintain it.

So this issue should be related to the support services as the company could support the clients if there is any repair or replacement issue,

Learn more about the consumer here:

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan