Utility Quiz #2

This utility is concerned with creating value by assembling raw materials to create something useful.

• Possession

• Form

• Time

• Place

This utility is concerned with creating value by having a product where people need it.

• Time

• Place

• Form

• Information

This utility is concerned with creating value by having a product when people need it.

• Place

• Time

• Form

• Possession

This utility is concerned with creating value by telling the consumer about the product.

• Possession

• Time

• Information

• Place

This utility is concerned with creating value by making it easier for the consumer to obtain the product.

• Information

• Time

• Place

• Possession

Using thread and metal to create a pair of blue jeans is an example of

• Possession

• Place

• Form

• Time

A jeweler explaining to a customer the value of different diamonds is an example of

• Form

• Information

• Possession

• Time

Being able to charge $8.00 for a hot dog at a baseball game is an example of

• Place

• Time

• Possession

• Form

Allowing a customer to place items on layaway is an example of

• Information

• Time

• Possession

• Place