When a product or service has an ability to perform its utilitarian purpose, it is said to have:
A) functional value
B) social value
C) emotional value
D) epistemic value
E) conditional value

Question

Quizplus · Accepted Answer

Functional value refers to a product or service's ability to perform its intended purpose or function. This is the most basic and fundamental form of value that a product or service can provide to its users.

When a Product or Service Has an Ability to Perform