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Question
Moving or distributing goods from places of production (Origin Centres) to Markets (destination centres) refers to the creation of ______________.
Moving or distributing goods from places of production (Origin Centres) to Markets (destination centres) refers to the creation of ______________.
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Solution
The correct option is B Place Utility
Place utility refers
primarily to making goods or services physically available or accessible to
potential customers. Examples of place utility range from a
retail store's location to how easy a company's website or services are to find
on the internet. Above example is of place utility.
Place utility refers primarily to making goods or services physically available or accessible to potential customers. Examples of place utility range from a retail store's location to how easy a company's website or services are to find on the internet. Above example is of place utility.
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