Which type of utility is created when a company makes products available where consumers want them?
A) Time
B) Place
C) Possession
D) Form
E) Operations
Answer: B
Explanation: B) An example of place utility is a theater showing a wide selection of movies in a popular shopping mall, when consumers wish to see the movies.
Business
You might also like to view...
What is comparable worth? Discuss the connection between comparable worth and the point method
What will be an ideal response?
Business
Thompson Tool had net sales of $760,110 and net income of $189,300 last year. What was Thompson's net profit margin, to the nearest tenth percent?
Business