___________ Utility Refers to the Value or Usefulness That Comes

question 50

Multiple Choice

___________ utility refers to the value or usefulness that comes from a customer being able to take possession of a product.

• A)Time
• B)Place
• C)Form
• D)Possession

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Definitions:

Schema

A mental structure or idea that aids in categorizing and understanding information in the brain.

Preoperational Stage

A developmental phase, outlined by Jean Piaget, where children from about 2 to 7 years old engage in symbolic play and struggle with logic and taking the perspective of others.

Conservation

A cognitive ability recognized by Jean Piaget that allows a person to determine that a quantity will remain the same despite adjustment of the container, shape, or apparent size.

Object Permanence

The understanding that objects continue to exist even when they cannot be observed or heard.