Which of the following is an example of time utility?
A) an iPhone with a "multitouch" user interface for easy navigation
B) a dry cleaners that is located inside a supermarket
C) Goodwill that has a 24-hour drop off box for clothing donations
D) a cell phone company that offers six-month financing, same as cash
E) a new herbal supplement that offers a 30-day free trial

Question

Quizplus · Accepted Answer

Time utility refers to the value a product or service adds by making it available at the right time. Goodwill's 24-hour drop off box for clothing donations is an example of time utility as it allows customers to donate clothes at any time, providing convenience and flexibility.

Which of the Following Is an Example of Time Utility