Select the correct answer. Which utility applies to a company that educates customers about its products' features? OA form utility O B. knowledge utility O C. possession utility D. place utility O E. price utility Reset Next

Utility applies to a company that educates customers about its products' features is possession utility. Thus the correct option is C.

What is a product?

A product is referred to as a finished good distributed in the market to serve the customers. This product is tangible in nature which consumers can see, touch and utilize.

Possession utility measures the degree of usefulness or perceived value a consumer gets from owning a certain product. Companies must make their products easier to own because this increases the product's perceived value.

Therefore, option C possession utility is the appropriate answer.

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Select the correct answer. Which utility applies to a company that educates customers about its products' features? OA form utility O B. knowledge utility O C. possession utility D. place utility O E. price utility Reset Next​

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What is a product?

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Select the correct answer. Which utility applies to a company that educates customers about its products' features? OA form utility O B. knowledge utility O C. possession utility D. place utility O E. price utility Reset Next