Which of the following is true about convenience stores?
A) They carry mostly durable goods.
B) They charge lower-than-normal prices for nondurable 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 create time utility for their customers by being open for extended hours, offering a quick shopping experience for everyday items. This convenience is their primary value proposition, rather than offering durable goods, low prices, or significant changes in store design.

Which of the Following Is True About Convenience Stores