Question

Amazon creates many utilities for its customers, but perhaps the most valuable utility for consumers is ________, the utility created by having the offerings available where consumers need it, on Amazon.

Answer 1

Answer:

The correct answer is Place Utility

Explanation:

Place Utility is the utility that a good has because of the place where it is located. A product that has high place utility is a product that is near customers, or that can change locations in order to be even nearer to the customers.

This is a fancy way to say that delivered products are useful because they are available at your doorstep, which is the most convenient place possible. This is the principle from which Amazon has built. Amazon depends on the place utility of the products it offers.