Making Sure a Product Is Available When a Consumer Needs

question 14

Multiple Choice

Making sure a product is available when a consumer needs it provides which of the following types of utility?

• A) Place
• B) Time
• C) Possession
• D) Communication
• E) Logistical

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Definitions:

Ethical Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution or organization, focusing on the ethical aspects.

Office Of Internal Governance

A designated office within an organization responsible for ensuring compliance with laws, regulations, and internal policies, often overseeing risk management and ethical conduct.

Organization Interest Principle

A principle emphasizing that the actions and decisions within an organization should prioritize the collective interests and goals of the organization.

Organizational Innovation Principle

An approach or set of guidelines intended to foster creativity, encourage the adoption of new ideas, and facilitate change within an organization.