Name Each of the Four Utilities Offered by Retailing and with Each

question 118

Essay

Name each of the four utilities offered by retailing and with each, identify a retailer that does a good job of providing that utility.

---

Definitions:

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, used in assessing investment opportunities.

Compounded Annually

Describes how interest on an investment or loan is calculated once a year, with each year's interest based on the principal plus any previously earned interest.

Return

The gain or loss on an investment over a specified period, expressed as a percentage increase over the original investment cost.

Invest

Allocating resources, usually financial, with the expectation of generating an income or profit.