The utility that a delivery firm provides by delivering new CD releases to music stores in time for the Tuesday release day is
A)time utility.
B)place utility.
C)possession utility.
D)market utility.
E)form utility.

Question

Quizplus · Accepted Answer

Time utility refers to the value that a firm adds by delivering a product or service at a specific time that is convenient for the customer. In this case, the delivery firm is providing time utility by ensuring that new CD releases are delivered to music stores in time for the Tuesday release day, making it easier for customers to purchase and enjoy the music on the day of its release.

The Utility That a Delivery Firm Provides by Delivering New