The essential utility derived from the use of a product is known as

Assessment: JAMB UTME - Commerce - 2020 Subject: Commerce

Question 1 Report

The essential utility derived from the use of a product is known as

Answer Details
The essential utility derived from the use of a product is known as the "core benefit." In simple terms, the core benefit refers to the basic need or problem that a product is designed to fulfill. For example, the core benefit of a car is transportation, the core benefit of a toothbrush is to clean teeth, and the core benefit of a computer is to process and store information. The core benefit is the main reason why someone would buy and use a product.

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