Redbox places vending machines at local convenience and grocery stores that allow customers to rent and return popular DVDs 24 hours a day.This creates both ________ and ________ utilities.
A)form;place
B)form;time
C)place;time
D)time;possession
E)form;possession

Question

Quizplus · Accepted Answer

Place utility is the value to consumers of having a product or service available where needed,whereas time utility is the value to consumers of having a product or service available when needed.Redbox vending machines create both time and place utilities.

Redbox Places Vending Machines at Local Convenience and Grocery Stores