Define the four different types of utility and explain how marketing contributes to the creation of utility.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
Form utility is created by converting raw materials into finished products Then its marketing function takes over to satisfy a number of customer need...View the full answer
Answered By
Lilian Nyambura
Hi, am Lilian Nyambura, With extensive experience in the writing industry, I am the best fit for your writing projects. I am currently pursuing a B.A. in Business Administration. With over 5 years of experience, I can comfortably say I am good in article writing, editing and proofreading, academic writing, resumes and cover letters. I have good command over English grammar, English Basic Skills, English Spelling, English Vocabulary, U.S. English Sentence Structure, U.K. or U.S. English Punctuation and other grammar related topics. Let me help you with all your essays, assignments, projects, dissertations, online exams and other related tasks. Quality is my goal.
4.80+
378+ Reviews
750+ Question Solved
Related Book For
Contemporary Business
ISBN: 9781118161739
1st Canadian Edition
Authors: Louis E. Boone, Micheal H. Khan, DAvid L. Kurtz, Brahm M. Canzer
Question Posted:
Students also viewed these Business Law questions
-
Explain the four different types of unemployment. Briefly provide ways in which each type of unemployment might be reduced.
-
Describe the similarities and differences among the four different types of business entities discussed in the chapter.
-
Four different types of solar energy collectors were tested. Each was tested at five randomly chosen times, and the power (in watts) was measured. The results were as follows. a. Construct an ANOVA...
-
Solve the inequality. Write the solution in interval notation. |15 = x < 7
-
A company receives a shipment of 16 items. A random sample of 4 items is selected, and the shipment is rejected if any of these items proves to be defective. a. What is the probability of accepting a...
-
The following electrical characteristics have been determined for both intrinsic and p-type extrinsic indium phosphide (InP) at room temperature: Calculate electron and hole mobilities. G (22-111 2.5...
-
A home appliances company decides to produce an all-in-one water treatment system for treating tap water. It contains a filter to remove suspended solids, a reverse osmosis (RO) membrane unit to...
-
Getting a degree from a college or university can be a long and difficult task. Certain courses must be completed before other courses may be taken. Develop a network diagram, in which every activity...
-
Blossom Company purchases $50,300 of direct raw materials and it incurs $65,400 of direct factory labor costs. Supporting records show that (a) the Assembly Department used $25,800 of direct raw...
-
Thames Company's inventory records for its retail division show the following at December 31: E (Click the icon to view the accounting records.) At December 31, 10 of these units are on hand. Read...
-
What is inventory control? Why is the management of inventory crucial to a companys success?
-
Explain each of the methods used to segment consumer and business markets. Which methods are most effective for each of the following and why?
-
Assume that inflation is expected to decline in the near future. How could this affect future bond prices? Would you recommend that financial institutions increase or decrease their concentration in...
-
Sales taxes are fairer than income taxes because sales taxes cannot be avoided by the rich. Evaluate this idea. Describe the evidence about the distribution of sales tax burdens among different...
-
In thinking about the effects of state or local government fiscal policy on economic development, attention is usually focused on what government can do to attract economic activity. Some communities...
-
Only about half the states include most admissions to entertainment events as part of the state sales tax; the other half include only a few or no admissions in the tax base. Explain why the sale of...
-
Gross receipts, value added, and net income are three different potential business tax bases. For each of three firms an automobile manufacturer (assembly plant), a food retailer, and a...
-
If a road is congested, then it is too small for the demand. The road should be expanded or replaced. True, false, or uncertain? Explain your answer.
-
With aging, body fat increases and muscle mass declines. The line graphs show the percent body fat in adult women and men as they age from 25 to 75 years. Use the graphs to solve Exercises 99106....
-
What are three disadvantages of using the direct write-off method?
-
Solve each of the following systems of equations and check your solutions. (a). 4x + y = 13 x 5y = 19 (b). 6x + 3y = 24 2x + 9y = 8 (c). 7x 5y = 22 4x + 3y = 5 (d). 8x + 9y =129 6x + 7y = 99 (e)....
-
Solve each of the following systems of equations. (a). 0.4x +1.5y =16.8 1.1x 0.9y = 6.0 (b). 6.5x + 3.5y =128 2.5x + 4.5y =106 (c). 2.4x + 1.6y = 7.60 3.8x + 0.6y = 7.20 (d). 2.25x + 0.75y = 2.25...
-
a. What is the cost of borrowing if Amarjit borrows $28 500 and repays it over a four-year period? b. How many shares of each stock would he get if he used the $28 500 and invested equally in all...
-
4 Smallman's Garage uses standards to plan and control labor time and expense. The standard time for an engine tune-up is 3.75 hours. and the standard labor rate is $15 per hour. Last week, 26...
-
For Kosko Company, actual sales are $1.218,000 and break-even sales are $962,220. Compute (a) the margin of safety in dollars and (b) the margin of safety ratio. Margin of safety Margin of safety...
-
Sheridan Corp. had total variable costs of $224.200 total hied costs of $143500, and total revenues of $380.000. Compute the required sales in dollars to break even
Study smarter with the SolutionInn App