Question

Define forum utility,time utility and place utility in business.​

Answer 1

Answer:

please mark brilliant and thank please

Explanation:

Place utility: this utility is derived when you can transport goods from one place to another. Transportation services create time utility.

Time utility: it is derived by keeping or storing goods over a period of time so that they can be used later. Utility of a commodity is always more at the time of scarcity.

Answer 2

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it refers to how well a product or service meets the customer's needs.

$\huge\dag\sf\red{<strong><em>t</em></strong><strong><em>i</em></strong><strong><em>m</em></strong><strong><em>e</em></strong><strong><em> </em></strong><strong><em>\</em></strong><strong><em>:</em></strong><strong><em> </em></strong><strong><em>u</em></strong><strong><em>t</em></strong><strong><em>i</em></strong><strong><em>l</em></strong><strong><em>i</em></strong><strong><em>t</em></strong><strong><em>y</em></strong><strong><em> </em></strong><strong><em>:</em></strong><strong><em>-</em></strong>}\dag$

it exists when a company maximizes the availability of a product so that customers can buy it during the times that are the most convenient or desirable for them.

$\huge\dag\sf\red{<strong><em>P</em></strong><strong><em>l</em></strong><strong><em>a</em></strong><strong><em>c</em></strong><strong><em>e</em></strong><strong><em> </em></strong><strong><em>\</em></strong><strong><em>:</em></strong><strong><em> </em></strong><strong><em>U</em></strong><strong><em>t</em></strong><strong><em>i</em></strong><strong><em>l</em></strong><strong><em>i</em></strong><strong><em>t</em></strong><strong><em>y</em></strong><strong><em> </em></strong><strong><em>:</em></strong><strong><em>-</em></strong>}\dag$

it refers primarily to making goods or services physically available or accessible to potential customers.