Place utility is created ______.
A) when arrangements for the transfer of title from seller to buyer are made
B) by having the good or service available at a convenient location when the consumer wants to buy it
C) when the product is made available to the consumer at a time the consumer wants to buy it
D) when the business firm converts raw materials into finished products

Question

Quizplus · Accepted Answer

Place utility is created by having the good or service available at a convenient location when the consumer wants to buy it. This means that the product should be easily accessible to the consumer at a location and time that is suitable for them, which can enhance the perceived value of the product or service.

Place Utility Is Created ______