Why Is the Creation of Time and Place Utility Usually

question 22

Multiple Choice

Why is the creation of time and place utility usually the main concern for services marketers?

• A) Because of the simultaneous production and marketing of most services.
• B) Because the buyer is guaranteed the ownership of the service that can be used later or given to others.
• C) Because the service encounter is distanced from the end benefit achieved.
• D) Because services cannot appeal to a buyer's sense of touch, taste, smell, sight, or hearing.

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Definitions:

Unfunded Mandates

Legal requirements or conditions for federal programs that are imposed by Congress on state and local governments without providing federal funding to cover the costs.

Home Rule

Home rule refers to the power granted to political subdivisions by the state to govern themselves with minimal state interference.

Unfunded Mandate

A regulation or policy imposed by a higher authority (such as the federal government) on lower government levels or the private sector, without providing corresponding funds for implementation.

Grant-in-Aid

Financial assistance given by one level of government to another, often from the federal government to state or local governments, for a specific purpose.