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Updated: 10/7/2021
Unknown Story

Storyboard Text

  • Form Utility
  • I want to make a cake for my mom's birthday, I hope I have all the ingredients.
  • Place Utility
  • In a grocery store, I have all the supplies that I need to maintain.
  • Time Utility
  • Form Utility: Changing raw materials or putting parts together to make them more useful- Example: We need eggs, milk, sugar, and butter to make a cake for a birthday
  • Possession Utility
  • Place Utility: Having a product where customers can buy it.- Grocery Store is an example of Place Utility.
  • Information Utility
  • Two Chocolate Chip Cookies, please
  • Time Utility: Having a product available at a time convenient for customers. Example: A bakery has all the delicious treats you might want conveniently there for you to enjoy.
  • Definition of Utility
  • The 5 Economic UtilitiesBy: Sophia Gieleghem
  • Possession Utility: Exchange of a product for some monetary value. Example: Being able to purchase anything with cash, card, or check.
  • Information Utility: Providing information so the customers is comfortable buying. Example: The store provided a menu with a variety of choices.