Place Utility Is Created ______

question 194

Multiple Choice

Place utility is created ______.

• A) when arrangements for the transfer of title from seller to buyer are made
• B) by having the good or service available at a convenient location when the consumer wants to buy it
• C) when the product is made available to the consumer at a time the consumer wants to buy it
• D) when the business firm converts raw materials into finished products

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Definitions:

Right from wrong

The moral ability or capacity to distinguish ethical actions from unethical ones.

Self-efficacy

An individual's belief in their own ability to complete tasks and achieve goals.

Cognitive appraisal

The process of interpreting and evaluating an event or situation that leads to an emotional response.

Relaxation

A state of reduced tension, stress, and mental and physical calm.