Compare and contrast time and place utility, and explain how they contribute to the value of products.
Question:
Compare and contrast time and place utility, and explain how they contribute to the value of products. What is the importance of time and place utility in our global economy?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
Place utility is mainly regarded as making goods and services physically accessible to probable consumers Time utility is a marketing concept stating ...View the full answer
Answered By
Salmon ouma
I am a graduate of Maseno University, I graduated with a second class honors upper division in Business administration. I have assisted many students with their academic work during my years of tutoring. That has helped me build my experience as an academic writer. I am happy to tell you that many students have benefited from my work as a writer since my work is perfect, precise, and always submitted in due time. I am able to work under very minimal or no supervision at all and be able to beat deadlines.
I have high knowledge of essay writing skills. I am also well conversant with formatting styles such as Harvard, APA, MLA, and Chicago. All that combined with my knowledge in methods of data analysis such as regression analysis, hypothesis analysis, inductive approach, and deductive approach have enabled me to assist several college and university students across the world with their academic work such as essays, thesis writing, term paper, research project, and dissertation. I have managed to help students get their work done in good time due to my dedication to writing.
5.00+
4+ Reviews
16+ Question Solved
Related Book For
Transportation A Global Supply Chain Perspective
ISBN: 9781337406642
9th Edition
Authors: Robert A. Novack, Brian Gibson, Yoshinori Suzuki, John J. Coyle
Question Posted:
Students also viewed these Business questions
-
What is the importance of cease and desist orders in FTC enforcement?
-
What happens to the value of an option when both S0 and X change by the same factor, holding u, d, r, and r constant?
-
What has happened to the value of the dollar against the euro in the last six months? What might account for this?
-
A portfolio manager owns a bond worth 2,000,000 that will mature in one year. The pound is currently worth $1.65, and the one-year future price is $1.61. If the value of the pound were to fall, the...
-
A red-orange solid contains only mercury and oxygen. Analyses of three different samples gave the following results. Are the data consistent with the hypothesis that the material is a compound? Mass...
-
R&D Computer Corporation sells its product, which has a variable cost equal to $21 per unit, for $50 per unit. Fixed operating costs are $360,000. To support operations, the firm requires $1,000,000...
-
Draw an energy diagram for the cart in Figure 9.2 \(b\). Figure 9.2 The work done on a system is positive if the system gains kinetic energy and negative if the system loses kinetic energy. (a) Cart...
-
Quality Style manufactures self-assembling furniture. To reduce the cost of returned orders, the manager of its quality control department inspects the final packages each day using randomly selected...
-
Sub Saharan Africa: Be able to find Angola, Benin, Burundi, Burkina Faso, Chad, Cameroon, Democratic Republic of the Congo, Eritrea, Ethiopia, The Gambia, Ghana, Ivory Coast, Kenya, Madagascar, Mali,...
-
Identify the fraud triangle risk factor (Opportunity, Pressure, or Rationalization) in each situation. 1. The business has no cameras or security devices at its warehouse. 2. Managers are expected to...
-
Adam Smith stated that specialization of labor was limited by the extent of the market and that transportation helps to expand the market. Explain the meaning and importance of this statement.
-
The highways and other transportation networks that serve major metropolitan areas are frequently described as the lifelines of the metropolitan area. Do you agree with this statement? Why or why not?
-
Discuss the similarities and differences between financial leverage and operating leverage.
-
Explain what leadership traits aid in empowerment or not. Determine recommendations for leaders to increase the empowerment of employees.
-
If a field contains approximately 1,000 kilocalories of energy in grass, which is eaten by crickets, which are eaten by birds, then approximately how many kilocalories of energy could be in the birds...
-
The following C++ code using while loop: #include #include using namespace std; int main() { int number = while (counter < loop_iteration) { 0; int counter = 0; int loop_iteration = 10%; number =...
-
Using the data provided, prepare the 2016 statement of cash flow using both the direct and indirect formats for operating cash flows. Timeless Company Statements of Financial Position (In thousands)...
-
Employee Empowerment: Empowerment means giving employees greater involvement in their jobs and in the operations of the organization by increasing their participation in decision-making. 1. For...
-
The hydrolysis of phosphoenolpyruvate is so highly exergonic (G = - 14.8 kcal/mol or -61.9kJ/mol) that it can be used to "drive the formation" of ATP from ADP and hydrogen phosphate (G = +7.3...
-
What is an access control list?
-
Why is global transportation such an important issue?
-
What factors impact mode selection for global transportation?
-
How does global carrier selection differ from mode selection?
-
Summarize this information below. Introduction: The Croc Your World Enterprise (CYW) company founded by the charismatic and socially responsible businessman, Mr. Victor Diego. CYW's mission is to...
-
What three practical concepts have you learned from listening to the Borrowed Future Episode 1 Podcast" what no one told you about student loan"?
-
Briefly explain the legal framework that regulates public sector financial Operations in Kenya by giving a minimum of five examples.
Study smarter with the SolutionInn App