Marketers Provide a Total of Four Types of Utility: Primary

question 233

True/False

Marketers provide a total of four types of utility: primary, secondary, marginal, and total.

---

Definitions:

Autonomy Stage

typically refers to a developmental phase where individuals seek to achieve independence and self-direction.

Valuing Differences

The recognition and appreciation of the diverse characteristics and perspectives individuals bring to a group or organization.

Low Power Distance

A cultural value that suggests a preference for equality among individuals, minimizing hierarchical differences.

United States

A country in North America, consisting of 50 states, a federal district, and five territories, known for its strong economy and diverse population.