The Four Kinds of Utility Provided by a Product or Service

question 134

True/False

The four kinds of utility provided by a product or service are time, place, price, and form.

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Definitions:

Negative Information

Refers to data or news that reveals unfavorable conditions, problems, or aspects related to a situation, person, or entity.

Criminal

A person who has committed a crime or has been legally convicted of a crime.

Shoot The Messenger

A phrase describing the act of blaming the bearer of bad news for the news itself rather than addressing the source of the problem.

Health Care Benefits

Advantages or coverage provided by insurance or employers that contribute to the cost of medical care and services.