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Which of the following is an example of form utility?
A physical item that is sold for money
A factory assembling a car from its parts
Satisfaction
Time
Service
The convenience of a product's location for consumers
Utility
The process of converting raw data into meaningful information
A one-word definition for utility is
A physical item that is sold for money
A factory assembling a car from its parts
Satisfaction
Time
Service
The convenience of a product's location for consumers
Utility
The process of converting raw data into meaningful information
What are goods in the context of economics?
A physical item that is sold for money
A factory assembling a car from its parts
Satisfaction
Time
Service
The convenience of a product's location for consumers
Utility
The process of converting raw data into meaningful information
The malls are open extended hours during the holidays to satisfy what form of utility?
A physical item that is sold for money
A factory assembling a car from its parts
Satisfaction
Time
Service
The convenience of a product's location for consumers
Utility
The process of converting raw data into meaningful information
The value a customer receives from buying a good or service is known as
A physical item that is sold for money
A factory assembling a car from its parts
Satisfaction
Time
Service
The convenience of a product's location for consumers
Utility
The process of converting raw data into meaningful information
What does the term 'information utility' refer to in the field of Information Technology?
A physical item that is sold for money
A factory assembling a car from its parts
Satisfaction
Time
Service
The convenience of a product's location for consumers
Utility
The process of converting raw data into meaningful information
What is the concept of place utility in marketing?
A physical item that is sold for money
A factory assembling a car from its parts
Satisfaction
Time
Service
The convenience of a product's location for consumers
Utility
The process of converting raw data into meaningful information
Intangible items can be simply described as a…
A physical item that is sold for money
A factory assembling a car from its parts
Satisfaction
Time
Service
The convenience of a product's location for consumers
Utility
The process of converting raw data into meaningful information
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