1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
eduard
3 years ago
6

What is possession utility?

Business
1 answer:
katrin2010 [14]3 years ago
6 0

b.) The Value added to a product by transferring ownership to the customer.

is the answer

<u>Explanation:</u>

Possession utility explains and possibly contains the gratification that arises from owning a product or using a service. Buying and selling of anything include the change of ownership from one to another.  Possession utility is what lets customers asses what they purchased. Having versatile choices for payment is one way to make possession simple for customers. Other methods can be how the product is delivered, how quickly it is delivered. Possession utility gets down to knowing how people relish what they have and what they give others. Although possession utility is peculiar, it is also significant and usually results after some kind of legal exchange.

You might be interested in
Which of the following sequences accurately describes the order of the stages of team development?A. introduction, growth, settl
Irina-Kira [14]

Answer:

C. forming, storming, norming, performing, and adjourning

Explanation:

Forming stage covers period of orientation.

storming involves the most difficult stage in which individual ambition comes to the fore.

norming : sense of cohesion and unity emerge

performing : team focuses on performance.

adjourning :  It involves documentation of operation.

3 0
3 years ago
Answer the question on the basis of the following data. All figures are in billions of dollars. The economy characterized by the
Leokris [45]

Answer:

Experiencing declining production capacity because net investment is negative.

Explanation:

Monetary value of all goods and services produced in the country are known as Gross Domestic Products. The economy is said to be inclining if the value of GDP rises. The value of GDP is directly associated with increasing production.

4 0
3 years ago
It is fairly easy for coaches to put aside prejudices when selecting team members, determining the starting lineup, or assigning
zhannawk [14.2K]

Unfortunately, the answer is False.

Coaches can be influenced by various prejudices and pre-conceived biases that might lead them to choose the starting lineup based on arbitrary characteristics such as race and sexual orientation or by choosing team members who are closer to the coach instead of through their actual skills or potential.

This all depends on how the coach choose to use the method in determining the starting lineup – if it is through actual skill-based testing with clear measurements, it would create a starting lineup that is more objective than by choosing players based on facial characteristics, for example.

6 0
3 years ago
Read 2 more answers
Energy Unlimited, LP, is a limited partnership to which its partners, including Fink, have contributed capital. Energy's credito
fenix001 [56]

Answer: c. Grave first

Explanation:

In dissolving a limited partnership business all creditors are paid first.

4 0
3 years ago
A large oil company requests ¢200 million of liability insurance to cover its oil business. State Insurance Company (SIC) has a
Shalnov [3]

Answer:

a. The reinsurance contract between SIC and Ghana Re is a proportional reinsurance contract. This type of contract specifies that the reinsurer (Ghana Re) will share a fixed proportion of the premiums and losses with the ceding company (SIC). In this case, the contract specifies that Ghana Re will pay 70 percent of the losses and receive 70 percent of the premiums, while SIC will pay 30 percent of the losses and retain 30 percent of the premiums.

b. If a ¢100 million covered loss occurs, SIC will be responsible for ¢30 million of the loss, while Ghana Re will be responsible for ¢70 million of the loss. This is because the contract specifies that SIC will pay 30 percent of the losses, and Ghana Re will pay 70 percent of the losses. In terms of premiums, SIC will retain ¢60 million of the premium, while Ghana Re will receive ¢140 million of the premium, less the ceding commission that is paid to SIC.

6 0
1 year ago
Other questions:
  • Explain which distribution channel you think is most effective for companies? Explain Why? Please type complete sentences.
    9·1 answer
  • Carlos works at Tyner Construction Company as an assistant project manager. His manager assured him that if his projects came in
    6·1 answer
  • I already used this app so don't need questions idk
    11·2 answers
  • Match the following:
    14·1 answer
  • The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 2018, the end of the year, and its revenue a
    7·1 answer
  • What is accounting meaning
    15·1 answer
  • In March, Digby received an order of 103 units at the price of $26.00 for their product Daze, and in April receives an order for
    6·1 answer
  • At the beginning of 2018, Artichoke Academy reported a balance in common stock of $168,000 and a balance in retained earnings of
    12·1 answer
  • g Suppose there are 100 consumers with individual demand curves like the one in Question 1 and 10 producers with individual supp
    14·1 answer
  • In many European nations, the title to agricultural property is not known because there are no official records indicating who h
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!