Transferring ownership of products to consumers provides which of the following types of utility?

Question

Quizplus · Accepted Answer

Transferring ownership of products to consumers provides possession utility, as it involves physically transferring the product to the customer, thereby allowing them to take legal ownership and control of the item. This is different from place, time, communication, or logistical utilities, which refer to other aspects of the marketing mix.

Transferring Ownership of Products to Consumers Provides Which of the Following