When a company makes a product available to the customer when he/she wants it,the company is providing place utility to the customer.

Name: When a company makes a product available to the customer when he/she wants it,the company is providing place utility to the customer.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Providing a product when the customer wants it is an example of time utility, not place utility. Place utility refers to making a product available at a location convenient for the customer.

When a Company Makes a Product Available to the Customer