Time Utility Is When Goods Are Available Immediately from the Intermediary's

question 25

True/False

Time utility is when goods are available immediately from the intermediary's stocks, thus ownership passes to the purchaser.

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Definitions:

Promotional Activities

Marketing efforts intended to increase awareness or sales of a product or service, often through discounts or advertising.

Profitable

A state where a business or investment generates more revenue than the expenses incurred, leading to a financial gain.

Retailers

Businesses that sell goods directly to consumers, acting as the final link in the supply chain.

Customer Awareness

The degree to which potential customers recognize or are familiar with a product, brand or company.