Making sure a product is available when a consumer needs it provides which of the following types of utility?

Question

Quizplus · Accepted Answer

Time utility refers to the availability of a product at a certain time when the consumer needs it. The other options (place, possession, communication, and logistical) refer to different types of utilities, such as the availability of a product in a certain location, the ability to transfer ownership of a product, the ability to communicate information about a product, and the efficiency of the distribution process, respectively.

Making Sure a Product Is Available When a Consumer Needs