5 Economics of Utilities (2)
View This Storyboard as a Slide Show!
Create your own!
Like What You See?
This storyboard was created with
Today we'll be discussing the 5 Economic Utilities
This is the factory where shoes are made
I came to the store for a pair of shoes
The 5 Economic UtilitiesSean-Dylan McDaniels
I needed these shoes for basketball
Form Utility- Changing raw materialsor putting parts togetherto make them moreusefulExample: Leather, Wood, and Rubber
Place Utility-Involves having a product wherecustomers can buy it.Example: Shoe Stores
50% OFF SALE ON SHOES
Time Utility- Having a productavailable at a certaintime of year orconvenient time of dayExample: Sport Seasons
Possession Utility-The exchange of aproduct for moneyExample: Cash or Checks
Information Utility- Communication withthe consumerExample: Flyers or Advertisements