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Forms of Utility Flashcards | StudBud
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Forms of Utility
Forms of Utility
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Forms of Economic Utility - Marketing Essentials Chapter 1
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Which of the following utilities involves making products?
information
time
posession
form
2
At the end of summer an office supply stocks pencils to increase the school supplies' _ utility
place
time
form
possession
3
Transforming old glass bottles into new sculptures is an example of __ utility.
possession
info
form
place
4
Which economic utility increased when fast food restaurants began accepting credit cards?
Possession
Place
Form
Time
5
Using social media to tell customers about a sale or promotion
place
information
possession
promotion
6
Time utility involves having a product available at a certain time of year or day.
False
True
7
a counter display of Snicker's candy bars right next to the register
form
time
possession
place
8
cutting trees to make lumber to build a house
possession
time
place
form
9
Selling exercise equipment through catalogs mailed to athletes is an example of place utility
True
False
10
To increase the __ utility of their products, some retailers offer layaway plans.
info
posession
place
time