Question

    The creation of utility by the way of marketing is

    called as
    A Production Correct Answer Incorrect Answer
    B Distribution Correct Answer Incorrect Answer
    C Consumption Correct Answer Incorrect Answer
    D Exchange Correct Answer Incorrect Answer

    Solution

    Production is the process of creating goods or delivering services that inherently possess the capability to satisfy human wants or needs. Utility, in this context, represents the capacity of a commodity or service to fulfill these desires or requirements, often enhanced through distribution in marketing.

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