Logistics Creates Which Utility Through the Movement of Goods from Production

question 33

Multiple Choice

Logistics creates which utility through the movement of goods from production points to markets where there is a demand for the finished product?

• A) Possession utility
• B) Place utility
• C) Time utility
• D) Form utility

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Definitions:

Smartphone

A mobile phone that combines cellular and mobile computing functions into one unit, typically featuring a high-resolution touchscreen, internet connectivity, and the ability to run various software applications.

Information Technology

The study or use of systems for storing, retrieving, and sending information, primarily involving computers and telecommunications.

Mobile Devices

Mobile devices are portable electronics capable of running applications and connecting to the internet, such as smartphones and tablets.

Learning Management System (LMS)

A software application for the administration, documentation, tracking, reporting, automation, and delivery of educational courses, training programs, or learning and development programs.