Examlex
The lowest concentration of a drug that prevents growth of a microorganism is the
Place Utility
The value added to products by making them available at a location convenient to consumers.
Channel Intermediaries
Businesses or individuals that act as intermediaries in the distribution process, facilitating the movement of goods from producers to consumers.
Value Creation
The process of enhancing product or service offerings to increase their worth and appeal to consumers, thereby generating more sales or customer loyalty.
Four Utilities
The four types of utility are form, place, time, and ownership (possession), which collectively describe how a product or service adds value to a consumer's life.
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