Which form of utility is added by marketing intermediaries who make products available when they are needed?Multiple select question.TimeForm utilityPossession utilityPlace utility
Question
Which form of utility is added by marketing intermediaries who make products available when they are needed?Multiple select question.TimeForm utilityPossession utilityPlace utility
Solution
The form of utility added by marketing intermediaries who make products available when they are needed is Time utility and Place utility.
Time utility refers to having a product or service available at the time that is convenient for the consumer. This is often achieved by marketing intermediaries who can store products and make them available for purchase at any time.
Place utility, on the other hand, refers to making a product or service available in a location that is convenient for the consumer. Marketing intermediaries often achieve this by having multiple locations or offering online shopping options.
Similar Questions
Multiple Select QuestionSelect all that applyWhich form of utility is added by marketing intermediaries who make products available when they are needed?Multiple select question.TimeForm utilityPossession utilityPlace utility
Which type of utility opens two-way flows of information between marketing participants?Multiple choice question.Information utilityTime utilityPossession utilityPlace utility
The type of utility that provides fast, friendly service during and after the sale as well as teaching customers to use products over time is utility.
A manufacturer who assembles the components of a computer for sale is providing which type of utility?Multiple choice question.TimePossessionPlaceForm
Multiple Choice QuestionRetailers create several forms of utility. For instance, Kohl's assumes the risk of possessing the inventory of each store. This is a form of _____ utility.Multiple choice question.timeproductownershipplace
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.