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kirza4 [7]
2 years ago
6

Which of the following describes possession utility?

Business
1 answer:
lions [1.4K]2 years ago
5 0

The option that describes possession utility is : ( A ) Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.

<h3>What is possession utility ?</h3>

Possession utility is the value which a product possesses that enables a customer to freely own and use the product as the customer/purchaser wishes.

In conclusion the option that describes possession utility is Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.

Learn more about possession utility : brainly.com/question/14898098

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<u />

<u>Attached below are the missing options </u>

<em>A. Efforts to communicate (i.e., promote) a product's value and then facilitate the exchange process.</em>

<em>B. Acquiring inputs and transforming them into products or services of greater customer value.</em>

<em>C. Effectively managing all value-added processes that influence when a product is available for purchase.</em>

<em>D. Assuring that products and services are where customers expect to find them—when they are needed.</em>

<em>E. All of the above</em>

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Answer:

C. The aerospace industry is constantly pushing the limits of technology

Explanation:

Aerospace industry is a leader in the creation of new products and materials that constantly push the limits of technology, that's why research and development are an integral part of this industry.

They always seek to create new materials that are lighter and more durable to send to space and face the extreme conditions out there.  Then, many of those innovations are modified for use on the planet by regular people.

All employees in the industry are highly educated and skilled.

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The potential for industry growth, whether it seems as though competition will only get stronger or weaker, and the company's competence in carrying out industry key success factors.

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Industry classifications often use a company's or group's major source of revenue when evaluating it to place it inside a certain industry. For instance, "statistical units" are categorized by the "economic activity in which they primarily participate" according to the International Standard Industrial Classification (ISIC), which is utilized directly or through derivations for the official statistics of the majority of countries worldwide.

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Canadian logging companies sell timber in the United States. To the U.S., the timber is a(n)_____, and for Canadians, the timber
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Answer: import; export

Explanation:

Canadian logging companies sell timber in the United States. To the U.S., the timber is an import, and for Canadians, the timber is an export.

An import is a good that is brought into a country and sold from another country while an export is a good that a country sells to other country. Timber is a export to the United States since it's brought from Canada.

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C.

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mark brainliest please!

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