The ways in which time utility offers add value. Introduction: Time utility is created by the intermediaries by making the products available for the consumers as and when consumers need them. For example if a person needs something urgently on odd timings and the product is made available to them at that exact time by any 24×7 services, it is known as time utility.

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Chapter 15.2, Problem 15.2AQ

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To determine: The ways in which time utility offers add value.

Introduction: Time utility is created by the intermediaries by making the products available for the consumers as and when consumers need them. For example if a person needs something urgently on odd timings and the product is made available to them at that exact time by any 24×7 services, it is known as time utility.

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