Vending machines are no longer limited by the need for cash. In Japan, South Korea, and the Philippines, consumers use mobile phones that transmit payments to vending machines wirelessly. This is an example of how vending machines can provide which type of utility?
A) time
B) place
C) possession
D) product
E) form

Question

Quizplus · Accepted Answer

This is an example of possession utility, as it facilitates the transaction process, making it easier for consumers to obtain the product by using mobile payments instead of cash.

Vending Machines Are No Longer Limited by the Need for Cash