Gabrielle and Juan have a vacation home 90 miles from their primary residence.They could haul bags of groceries and an ice chest of refrigerated foods with them when they leave home.However,they like to grocery shop at a market located near the vacation spot.It offers them ______________ utility.

Question

Quizplus · Accepted Answer

The three utilities-time, place, and ownership-are created by marketing. They are created when products are available to customers at a convenient location when they want to purchase them, and facilities of exchange are available that allow for transfer of the product ownership from seller to buyer.

Gabrielle and Juan Have a Vacation Home 90 Miles from Their