selling and buying activity creates which utility
Answers
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Answer:
There are unit four forms of economic utility- form, time, place, and possession.
Explanation:
Economic utility will be outlined because the total quantity of satisfaction that somebody experiences once they consume a selected product or service. It helps live what proportion fulfillment somebody needs so as to satisfy a selected would like or wish.
Companies will perceive and acknowledge area units that are lacking in their promoting schemes can assess client purchase choices and pinpoint the drivers behind those choices, therefore boosting their sales and profits.
Companies attempt to extend the utility or perceived worth of their product and services to boost client satisfaction, increase sales, and drive earnings. The thought of economic utility falls beneath the realm of study called activity political economy, that is intended to help corporations in in operation a business and promoting the corporate to draw in the utmost quantity of consumers and sales revenue.
Selling and buying activity creates form, time, place and possession.
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