Question

How do wholesales create time utility ?

Answer 1

Answer:

Businesses do what they can to create possession utility and they seek out ways to make I easier for customers to buy their products. They may offer layaways, financing in the forms of credit cards, loans or payments plans and even discounts and special sales so that customers can buy their products or services.

Explanation:

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Answer 2

By offering warehouses close to the centres of distribution, wholesalers provide what is known as 'place utility'. Wholesalers not only provide warehousing facilities such as collection, storage and protection of goods but also facilitate marketing and distribution, creating 'time utility.

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