Marketing Channels Create Four Types of Utility for Consumers Including

question 223

Multiple Choice

Marketing channels create four types of utility for consumers including

• A) place, time, possession, and form.
• B) location, form, availability, and suitability.
• C) form, time, location, and promotion.
• D) marketer, retailer, wholesaler, and producer.
• E) position, price, possession, and place.

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Definitions:

Opinions

Opinions are subjective judgments, beliefs, or views that are not necessarily based on facts or knowledge.

FASB

The Financial Accounting Standards Board, the independent organization responsible for establishing accounting and financial reporting standards in the United States.

Accounting Standards

Accounting Standards are formal guidelines and rules for financial accounting practices that ensure consistency, reliability, and comparability of financial reporting.

SEC

The Securities and Exchange Commission, a U.S. government agency responsible for enforcing federal securities laws and regulating the securities industry.