Define the four different types of utility and explain how marketing contributes to the creation of utility.
Question:
Define the four different types of utility and explain how marketing contributes to the creation of utility. Then choose one of the following companies and describe how it creates each type of utility with its goods or services:
a. Burger King
b. Polo Ralph Lauren
c. Borders bookstore
d. Supercuts hair salons
e. Adobe Systems
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
Form utility is created by converting raw materials into finished products Then the marketing function takes over to satisfy a number of customer need...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Contemporary business 2012 update
ISBN: 978-1118010303
14th edition
Authors: Louis E. Boone, David L. Kurtz
Question Posted:
Students also viewed these Business 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...
-
Although illegal, overloading is common in the trucking industry. A state highway planning agency (Minnesota Department of Transportation) monitored the movements of overweight trucks on an...
-
Before exiting a restaurant, it is customary to leave a tip equal to about 15% of the price of your meal. Although patrons are not legally required to leave a tip, virtually all customers do so. A...
-
Who are the providers (savers) and users (borrowers) of capital? How is capital transferred between savers and borrowers? MINI CASE Assume that you recently graduated with a degree in finance and...
-
Determine the vertical displacement of joint \(C\). The truss is made from A992 steel rods each having a diameter of 1 in. 60 60 12 kip B 6 ft
-
The management of Sprague Inc. was discussing whether certain equipment should be written off as a charge to current operations because of obsolescence. This equipment has a cost of $900,000 with...
-
Use the tool (link below): https://www.physicsclassroom.com/Physics-Interactives/Electric-Circuits/Circuit-Builder/Circuit-Builder-Interactive b) How does the current in the battery (IB) compare to...
-
Determine the smallest allowable cross-sectional areas of members BD, BE, and CE of the truss shown. The working stresses are 20000 psi in tension and 12000 psi in compression. (A reduced stress in...
-
1. Explain how customer service fulfills a significant portion of Zappos production function. 2. What kind of firm might Zappos use for benchmarking? Why? If you like shoes, youve heard of Zappos....
-
Explain each of the methods used to segment consumer and business markets. Which methods do you think would be most effective for each of the following and why? a. Supermarket featuring organic foods...
-
What makes for an effective employee share plan?
-
Louis files as a single taxpayer. In April of this year he received a $930 refund of state income taxes that he paid last year. How much of the refund, if any, must Louis include in gross income...
-
Helen is a retailer operating in Toowoomba and she received the following amounts during the current tax year ended 30 June: Helen received $230 000 from the sale of an investment property she had...
-
To pay an entered bill from a supplier, you would: (1 Point) Write a cheque Use the Pay Bills window Use the General Journal Create a credit memo 17.It contains a file for each customer with whom the...
-
Analyze how the economic concentration in the area you chose was influenced by competition and pricing. Analyze how the economic concentration in the area you chose influenced the supply chain. ...
-
Describe the management of EHRs including eliminating duplicate records, purging records, and backing up the EHR.
-
Evaporation and condensation are always happening. List, from first to last, the following events that lead to the formation of water droplets: (a) the relative humidity approaches 100%, (b) the...
-
Use integration by parts to evaluate the following. Check your answer by taking the derivative. x2e-xdx
-
How has Starbucks involved its customers in these efforts?
-
As a consumer, you expect the companies you do business with will have a certain level of responsibility toward you. Describe a situation when you felt that a company did not recognize your rights as...
-
What factors influence the ethical environment of a business?
-
The data has been collected from Form 5 secondary school students as a respondent to find out their confidence level in getting high marks for subject Additional Mathematics. The survey has been...
-
A machine uses 36-bit word to represent single-precision floating point numbers as fol- lows: S 11-bit exponent (E) 24-bit Significand (M) The value presented is given by (-1)51.M 2E-1023 (a) Write...
-
2 - Mock Interview Assignment 2 - Mock Interview Assignment 2 - Mock Interview Mark as done Opened:February 23 2024, 12:00 AM PD150 DE Mock Interview Assignment Attached, you will find several mock...
Study smarter with the SolutionInn App