Which of the Following Is an Example of Possession Utility

question 220

Multiple Choice

Which of the following is an example of possession utility?

• A)an iPhone with a large selection of new apps
• B)the local dairy that offers to deliver bottles of milk to a customer's doorstep
• C)disposable diapers that come equipped with resealable tabs
• D)a gourmet food store that carries a line of ready-made salads
• E)a mobile phone company that offers six-month financing,same as cash

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Definitions:

Maximize Shareholder Wealth

The primary objective of a company to increase the value of its shares held by its shareholders.

Management

Management entails the planning, organizing, leading, and controlling of a company's resources to achieve its goals and objectives.

Finance

The management of money and other assets, or the science of management of funds.

Financial Security

Financial security refers to the peace of mind felt when one is not worried about their income being sufficient to cover their expenses; it also pertains to the stability and predictability of future financial prospects.