Enhancing a Product or Service to Make It More Appealing

question 296

Multiple Choice

Enhancing a product or service to make it more appealing to buyers is ________ utility.

• A) time
• B) place
• C) possession
• D) form
• E) transactional

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Definitions:

Partnership

A business organization where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Parent-Subsidiary Corporations

A relationship between two companies where one, the parent, controls the other, the subsidiary.

Consolidated Tax Return

A tax return that combines the tax liability of all subsidiary companies with that of the parent company, simplifying tax filing for corporate groups.

Corporate Distributions

Payments made by a corporation to its shareholders from earnings, typically in the form of dividends.