Starbucks is known to have shops located across the street from each other.It appears that the coffee shop chain is offering place utility.

Question

Quizplus · Accepted Answer

The three utilities-time, place, and ownership-are created by marketing. They are created when products are available to customers at a convenient location when they want to purchase them, and facilities of exchange are available that allow for transfer of the product ownership from seller to buyer.

Starbucks Is Known to Have Shops Located Across the Street