Question:

What is form utility, time utility, place utility and possession utility????

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what is form utility, time utility, place utility and possession utility???? and pls give some examples....

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  1.  FORM UTILITY -  provided when someone produces something tangible


    TASK UTILITY - provided when someone performs a task for someone else


    TIME UTILITY - means having product available when the customer wants it


    PLACE UTILITY - means having product available where the customer wants it


    POSSESSION UTILITY - means obtaining a good or service and having the right to use or consume it


  2. what about information and service utility?


  3. logistics time ulility


  4. In a form utility the current design of a product that is for a specific purpose is utilized for other purposes. For example, the condoms which are used for sexual encounters were used by the U.S. soldiers during the Iraq War were effective materials to block off the entry of desert dust into the muzzle of the cannon in tanks. That is why container loads of this material were sent to the war zone.

    Time utility is the added value of time that benefits the user. For example, an IT student whose purpose is to get an IT certificate on computer hardware will consider the time spent as unnecessary and useless in an accounting subject or on ethics that is included curriculum for the certificate.
      
    A possession utility means the value added in having possession of a commodity or intellectual property. For example, one need not buy land to possess and use it. Renting the land will still give added value for its use. Getting knowledge on certain shortcut tips in the use of Excel worksheet like using the pivot table will give possession to the learner, thus increasing his output.

  5. In a form utility the current design of a product that is for a specific purpose is utilized for other purposes. For example, the condom which is used for sexual encounters were used by the U.S. soldiers during the Iraq was a an effective material to block off the entry of desert dust into the muzzle of the cannon in tanks.

    Time utility is the added value of time that benefits the user. For example, an IT student whose purpose is to get an IT certificate on computer hardware will consider the time spent as unnecessary and useless in an accounting subject or on ethics that is included curriculum for the certificate.
      
    A possession utility means the value added in having possession of a commodity or intellectual property. For example, one need not buy land to possess and use it. Renting the land will still give added value for its use. Getting knowledge on certain shortcut tips in the use of Excel worksheet like using the pivot table will give possession to the learner, thus increasing his output.

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