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Question
noel pvt. ltd. combines metal, rubber, and other components in the production of appliances. in doing so, the company creates ______ utility.
form
ownership
place
time
question 29
2.44 pts
as the marketing director for kia motors, youve been tasked with marketing a new, moderately priced vehicle that runs on gas or electric and meets high safety standards. it seats up to five, holds a lot of cargo, and features an onboard vacuum cleaner. which of the following market segments will you focus on primarily?
wealthy consumers with $250,000 - annual incomes
budget - minded families with growing children
environmentally conscious consumers
young, primarily single individuals
- For the first question, form utility is created when raw materials are combined to make a finished product. Here, Noel Pvt. Ltd. combines metal, rubber, etc. to produce appliances, creating form utility.
- For the second question, a moderately - priced vehicle that seats up to five, holds a lot of cargo and has an onboard vacuum cleaner is more appealing to budget - minded families with growing children. Wealthy consumers may prefer luxury vehicles, environmentally conscious consumers may focus more on pure electric or hybrid aspects without the emphasis on cargo and family - friendly features, and young, primarily single individuals may not need a large vehicle with such features.
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- A. form
- B. Budget - minded families with growing children