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The conversion of raw materials into finished goods leads to the creation of?

Commerce
JAMB 2010

The conversion of raw materials into finished goods leads to the creation of?

  • A. form utility
  • B. product utility
  • C. possession utility
  • D. place utility
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Correct Answer: Option A
Explanation

Form utility is the value a consumer sees in a finished product. 

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now