Consumers Receive the Benefits of Place Utility When

question 214

Multiple Choice

Consumers receive the benefits of place utility when

• A) they have to travel excessively to obtain products they want.
• B) retailers remain open 24 hours a day.
• C) they can stock up on products they need but not use them right away.
• D) they make purchases with credit and debit cards.
• E) products are available in locations where consumers want to buy them.

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Definitions:

Free Cash Flow

The amount of cash generated by a business after accounting for capital expenditures needed to maintain or expand the asset base.

EVA

Economic Value Added is a measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit.

Accounts Receivable

Money owed to a company by customers for products or services delivered or used but not yet paid for.

Cash Conversion Cycle

A metric that shows how long it takes for a company to convert its investments in inventory and other resources into cash flows from sales.