Question

Which of the following, creates time utility:
(a) Transport
(b) Banking & Finance
(c) Warehousing
(d) Communication​

Answer 1

Answer:

communication may be creates time utility.....

Answer 2

Warehousing creates time utility. ( Option c)

• Warehousing brings the time gap between the production and consumption of goods and services.
• It makes the goods available whenever required by the customers.
• A warehouse acts as a store of goods that are not in need immediately.
• Goods that are not in need could be stored in warehouses to meet the demand in future.