Which of the following statements is an example of time utility?
A)An iPhone offers a large selection of "apps"
B)A dry cleaner is located inside a supermarket
C)Goodwill has a 24-hour drop box for donations
D)A cell phone company offers six-month financing, same as cash
E)A new herbal supplement offers a 30 day free trial

Question

Quizplus · Accepted Answer

Time utility refers to making a product or service available at the right time when customers want it. Goodwill's 24-hour drop box for donations provides time utility by allowing customers to donate at their convenience, even outside business hours.

Which of the Following Statements Is an Example of Time