Which of the following is true about convenience stores?
A)They carry mostly shopping goods.
B)They charge lower-than-normal prices for shopping goods.
C)They are reluctant to change their store designs and offerings to adjust to changes in the market.
D)They create time utility for their customers.
E)They create form,time,and place utility for their customers.

Question

Quizplus · Accepted Answer

Convenience stores are known for creating time utility for their customers, as they are open for longer hours and offer quick and easy access to products. While they may also carry shopping goods, they primarily focus on providing customers with items they need quickly and conveniently, rather than offering lower-than-normal prices or adapting their offerings to market changes. Form and place utility may also be factors, depending on the specific store and its location, but time utility is the main advantage of convenience stores.

Which of the Following Is True About Convenience Stores