The Most Likely Type of Utility That's Provided by Convenience

question 174

Multiple Choice

The most likely type of utility that's provided by convenience stores is:

• A)form.
• B)place.
• C)information.
• D)service.

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Definitions:

England

A country in Europe known for its rich history, contributions to economic theory, and as the birthplace of the industrial revolution.

Demand Segmentation

The process of dividing a market into distinct subsets of customers according to different needs, characteristics, or behaviors, who might require separate products or marketing mixes.

Bubbles

Economic phenomena characterized by a rapid increase in asset prices followed by a sharp decline, often due to speculative trading.

Lawrence Welk

An American musician, accordionist, bandleader, and television impresario known for hosting the long-running TV series "The Lawrence Welk Show".