Value to Consumers That Comes from Having the Offering Available

question 5

Multiple Choice

value to consumers that comes from having the offering available where consumers need it constitutes __________ utility.

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

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Definitions:

U.S. Securities and Exchange Commission

A U.S. federal agency responsible for enforcing the federal securities laws, proposing securities rules, and regulating the securities industry, the nation's stock and options exchanges, and other related activities and organizations.

Systematic Thinking

A methodical approach to problem solving or decision making that is organized and logical.

Moral Consequences

The outcomes of actions that are evaluated based on their rightness or wrongness according to ethical principles.

Bounded Ethicality

The concept that cognitive biases and organizational contexts can limit individuals’ ability to make ethically optimal decisions.