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Kim Louis 5 Utilities Assignment

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Kim Louis 5 Utilities Assignment
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Kuvakäsikirjoitus Teksti

  • 5 Utilities projectTopic: Pencils
  • A pencil according to the five economic utilities
  • Form Utility
  • Pencils are made from graphite and wood while the erasers are made from rubber
  • Place Utility
  • Pencils can pretty much be bought anywhere, from convenience stores, to online
  • By: Kim Louis
  • Time Utility
  • Changing raw materials or putting parts together to make them more useful
  • Possession Utility
  • Pencils can be bought in pretty much any way. There's cash, card, and checks. You don't need a lot of money for a pencil though
  • Having a product where customers can buy itMost convenient
  • Information Utility
  • This can be done with advertisements or most packaging will come with information on the materials in the pencils
  • Having a product available at a certain time of year or a convenient time of day
  • Pencils are sold throughout all year but are most bought and advertised in August-September because that's when schools start 
  • The exchange of a product for some monetary value
  • Communication with the consumer about your product or serviceMaking people aware your product or service exists
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