Question

In the field of marketing, the function of creating 'utility' through processes like storage, transport, and exchange of goods is generally referred to by which term?

Q: Answer-In the field of marketing, the function of creating 'utility' through processes like storage, transp...

In its broadest economic sense, marketing functions such as transport, storage, and processing are treated as a form of Production, since they create utility by making goods available in the right form, place, and time.

A Distribution

B Consumption

C Exchange

D Production

E Taxation

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In the field of marketing, the function of creating 'utility' through processes like storage, transport, and exchange of goods is generally referred to by which term?

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