The __________ provided by retailers create value for consumers.
A)utilities
B)logistics
C)synergies
D)format
E)service functions

Question

Quizplus · Accepted Answer

Utilities are the attributes of a product or service that provide value to consumers. These include time, place, form, possession, and information utilities, which are offered by retailers to create value for consumers. Logistics, synergies, format, and service functions may also contribute to value creation, but they are not as directly related to the utility concept.

The __________ Provided by Retailers Create Value for Consumers