Identify four circumstances under which utility is created in a commodity within a firm.

      

Identify four circumstances under which utility is created in a commodity within a firm.

  

Answers


Kavungya
(i) When goods change from places of manufacture towards the market/resources from extractive industries towards firms.
(ii) Incase intermediate goods are transformed from initial state to finished state/where they change value-from raw - ripen status.
(ii) If they area stored in respective stores/warehouses awaiting to be availed at the correct time.
Kavungya answered the question on September 27, 2019 at 13:38


Next: The figure below shows a set used in a physics demonstration.
Previous: Identify four common documents in home trade that are used for credit transaction in the Delivery stage.

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions