The option that describes possession utility is : ( A ) Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.
Possession utility is the value which a product possesses that enables a customer to freely own and use the product as the customer/purchaser wishes.
In conclusion the option that describes possession utility is Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.
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Attached below are the missing options
A. Efforts to communicate (i.e., promote) a product's value and then facilitate the exchange process.
B. Acquiring inputs and transforming them into products or services of greater customer value.
C. Effectively managing all value-added processes that influence when a product is available for purchase.
D. Assuring that products and services are where customers expect to find them—when they are needed.
E. All of the above
