What term describes having a product available at the right time for consumers to purchase it?

The correct choice for describing the availability of a product at the right time for consumers is time utility. This concept refers specifically to the value added by having a product available for sale at a time when consumers need or want to purchase it. Time utility is crucial for businesses because it can influence sales and customer satisfaction significantly; when products are available at the right moment, it enhances the likelihood of purchase and meets consumer demand effectively.

In contrast, place utility relates to making a product available in a location convenient for consumers, task utility is related to the tasks or jobs that a product helps to accomplish, and form utility pertains to the changes made to a product to enhance its suitability for consumers. Each of these aspects plays a role in overall customer satisfaction and product effectiveness, but time utility is specifically about the timing of product availability.