UNDERSTANDING BUSINESS: SIMNET >IC<
UNDERSTANDING BUSINESS: SIMNET >IC<
12th Edition
ISBN: 9781307367065
Author: Nickels
Publisher: MCG/CREATE
bartleby

Concept explainers

Question
Book Icon
Chapter 15.2, Problem 15.2AQ
Summary Introduction

To determine: The ways in which time utility offers add value.

Introduction: Time utility is created by the intermediaries by making the products available for the consumers as and when consumers need them. For example if a person needs something urgently on odd timings and the product is made available to them at that exact time by any 24×7 services, it is known as time utility.

Blurred answer
Students have asked these similar questions
The Internal Factor Evaluation (IFE) Matrix, is an example of a strategy formulation tool.  True or False? Question 57Select one: True False
Which of the following defines what business or businesses the firm is in or should be in? Question 45Answer a. National Strategy b. Functional Strategy c. Corporate Strategy d. Business strategy Clear my choice
Strategy formulation, implementation, and evaluation activities occur at the following hierarchical levels in a large organization to include: Question 46Answer a. Functional, horizontal and divisional or strategic business unit b. Functional, horizontal and corporate c. Corporate and functional d. Corporate, divisional or strategic business unit, and functional
Knowledge Booster
Background pattern image
Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Text book image
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:9781337407595
Author:Lamb
Publisher:Cengage
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College