how are:
goods
services
utility
form utility
place utility
time utility
possession utility
information utility
benifits
and
occupational area
ralated to marketing
the deffinition for it is:
the prosses o developing, promotng, and distributing products to satisfy customers needs and wants.
The teachers in this forum don't do homework. We're glad to help you figure out these answers.
If you post your ideas (minus the misspellings and typos) we'll be glad to help you.
how are:
goods
services
utility
form utility
place utility
time utility
possession utility
information utility
benifits
and
occupational area
related to marketing
the deffinition for it is:
the prosses of developing, promoting, and distributing products to satisfy customers needs and wants.
Goods, services, utility, form utility, place utility, time utility, possession utility, information utility, benefits, and occupational area are all related to marketing because they are fundamental concepts and components within the marketing process. Let's break down each term and how it relates to marketing:
1. Goods: In marketing, goods refer to tangible products that are manufactured, produced, or acquired for the purpose of satisfying customer needs and wants. Examples include physical objects like clothing, electronics, or food products.
2. Services: Services, on the other hand, are intangible products that are offered to customers in order to fulfill their needs and wants. They are actions or tasks performed by individuals or organizations to cater to customer demands. Examples include haircuts, insurance, or transportation services.
3. Utility: Utility is the overall value or satisfaction that customers derive from consuming goods or services. It is the benefit or usefulness that a product provides to its consumers.
4. Form utility: Form utility refers to the value added to a product or service through the process of transforming raw materials or components into a finished product. For example, converting wood into furniture creates form utility.
5. Place utility: Place utility involves adding value to a product or service by ensuring that it is conveniently located or accessible to customers. It relates to the convenience and ease of availability of a product or service in the right place at the right time.
6. Time utility: Time utility is the value or usefulness that is added to a product or service by making it available to customers at the right time and in a timely manner. It is about meeting customer needs and preferences based on timing.
7. Possession utility: Possession utility refers to the value or benefit that customers derive from having ownership or possession of a product or service. It is about providing customers with a sense of ownership and control over the products they purchase.
8. Information utility: Information utility relates to the value that customers derive from having access to relevant and accurate information about a product or service. It includes providing informative content, specifications, reviews, and other details that assist customers in making informed decisions.
9. Benefits: Benefits are the advantages or positive outcomes that customers receive from consuming a product or service. Marketing focuses on highlighting these benefits to attract and satisfy customer needs and wants.
10. Occupational area: Occupational area refers to the specific industry or sector within which marketing activities take place. This can include various fields such as retail, hospitality, finance, healthcare, technology, and more. Each occupational area involves its own unique marketing strategies and approaches.
Overall, marketing is the process of identifying and understanding customer needs and wants, developing and promoting products or services to satisfy those needs, and effectively distributing them to the target market. The concepts mentioned above are integral to achieving these objectives and ensuring customer satisfaction.