By Making a Product Available for Consumers to Use, ________

question 199

Short Answer

By making a product available for consumers to use, ________ is created.
price utility
place utility
ownership utility
time utility
form utility

---

Definitions:

Division's Turnover

A financial metric that measures the revenue generated by a specific division of a company relative to its assets, used to evaluate the division's efficiency in generating sales.

Manufacturing Cycle Efficiency

A performance metric that evaluates the effectiveness of the manufacturing process, focusing on the proportion of value-added time to total lead time.

MCE

Manufacturing Cycle Efficiency, a metric measuring the proportion of production time that is value-added.

Net Operating Income

Income from operations after deducting operating expenses but before interest and taxes.