Making a product available at a place that is convenient for buyers provides which of the following types of utility?

Question

Quizplus · Accepted Answer

Making a product available at a convenient location for buyers provides place utility, meaning that the product is easily accessible and convenient for consumers to purchase. Time utility refers to making the product available at a desirable time, possession utility refers to the ease of owning and using the product, communication utility refers to the information provided about the product, and logistical utility refers to the efficient movement and storage of the product during the supply chain.

Making a Product Available at a Place That Is Convenient