Marketing Channels Create Three Types of Utility for Consumers Including

question 38

Multiple Choice

Marketing channels create three types of utility for consumers including

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

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Definitions:

Categorical

Unconditional; absolute; pertaining to or making assertions about members of a category as a whole.

Symbolized

Represented by symbols or a symbolic form to convey particular meanings or attributes.

Symbolized Categorical Statement

An expression using symbols to represent a statement about the relationship between categories or sets.

Categorical

Pertaining to categories or classification, particularly in logic where it relates to statements that assert or deny something about all members of a category.