Vending machines are no longer limited by the necessity to use coins, in fact in Japan, Korea, and the Philippines consumers use cell phones that transmit payments to vending machines via an infrared beam or a radio wave.This is an example of how vending machines can provide which type of utility?

Question

Quizplus · Accepted Answer

This is an example of possession utility, as it enhances the ease and convenience of acquiring products by allowing consumers to use their cell phones for payment, thus facilitating the transaction process.

Vending Machines Are No Longer Limited by the Necessity to Use