Having products available when customers want them creates
A) possession utility.
B) place utility.
C) time utility.
D) form utility.
E) feature utility.

Question

Quizplus · Accepted Answer

Time utility refers to the availability of products or services at the time that customers want them. This means that customers can purchase and receive products when they are needed, which increases the value of the product or service. Possession utility refers to the ease of possessing a product or service, place utility refers to the convenience of the location where the product or service can be purchased or accessed, form utility refers to the physical characteristics of the product or service, and feature utility refers to the additional features or benefits that a product or service provides.

Having Products Available When Customers Want Them Creates